Retirement Equity Act Of 1984
Act that makes it mandatory for employees with spouses to be in receipt of retirement income from a pension plan in the form of a joint life and survivor ship annuity, unless the employee's spouse waives that right in writing. This is to prevent the employee from writing the spouse out of the benefit income.
Popular Insurance Terms
Additions or subtractions of a mortality table to reflect changing levels of mortality due to advancement in medicine, geriatrics, and sanitation. These adjustments make a mortality table ...
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