401(a)(ll), a plan participant in a same-sex marriage cannot waive a qualified joint and survivor
annuity without obtaining his or her spouse's consent.
qualified joint and survivor
annuity if the participant had either (1)
Qualified joint and survivor
annuity (QJSA)--The spouse's survivor benefit under the plan's default QJSA may be not less than 50% and not more than 100% of the joint benefit.
During that period, relative value disclosure is required only for lump-sum and Period-certain installment options and if the optional form is less valuable than a qualified joint and survivor
annuity (QJSA) (or a life annuity for an unmarried participant).
(2) Under the Employee Retirement Income and Security Act (ERISA) of 1974, defined benefit plans must make a qualified joint and survivor
annuity the normal form of benefit payment for married participants.
For example, the participant may have irrevocably elected a qualified joint and survivor
Alternatively, the nonparticipant spouse could agree to allow the participant spouse to change the beneficiary, provided the former is informed of any rights being relinquished (such as the right to the required statutory portion of a qualified joint and survivor
A major benefit available to an employee's survivors comes from defined benefit pension plans, which covered 63 percent of full-time workers in medium and large establishments in 1989.(3) For retired married couples, the standard benefit is the qualified joint and survivor
annuity--an annuity that will provide income for the remainder of the lives of both spouses.
First, could Dorothy, Isaac's first wife, make a testamentary transfer of her community property interest in Isaac's qualified joint and survivor
The ex-husband remarried while still working; when he retired, he became eligible for a qualified joint and survivor
annuity (QJSA) under his employer's retirement plan that paid a fixed income for life and paid a surviving spouse half that amount.
A's interest in X is in the form of a qualified joint and survivor
401(a)(11), 411(a)(11) and 417: Correction is made by giving affected employees a choice between providing informed consent for the distribution actually made or receiving a qualified joint and survivor