29 CFR 4022.103 - Who will get benefits if I die when payments for future periods under a certain-and-continuous or similar annuity are owed upon my death?

Code of Federal Regulations - Title 29: Labor

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Title 29: Labor

Subtitle B: Regulations Relating to Labor (Continued)

CHAPTER XL: PENSION BENEFIT GUARANTY CORPORATION

SUBCHAPTER D: COVERAGE AND BENEFITS

PART 4022: BENEFITS PAYABLE IN TERMINATED SINGLE-EMPLOYER PLANS

Subpart G: Certain-and-Continuous and Similar Annuity Payments Owed for Future Periods After Death

4022.103 - Who will get benefits if I die when payments for future periods under a certain-and-continuous or similar annuity are owed upon my death

If you die at a time when payments are owed for future periods under a form of annuity promising that, regardless of a participant's death, there will be annuity payments for a certain period of time (e.g., a certain-and-continuous annuity) or until a certain amount is paid (e.g., a cash-refund annuity or installment-refund annuity), and there is no surviving beneficiary designated to receive such payments, we will pay the remaining payments to the person determined under the rules in ? 4022.93.



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