§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?
29 C.F.R. § 4022.103
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.
Notes, amendments, and revision history
Source
Source: 67 FR 16958, Apr. 8, 2002, unless otherwise noted.
Authority
Authority: 29 U.S.C. 1302, 1322, 1322b, 1341(c)(3)(D), and 1344.
Source
Source: 61 FR 34028, July 1, 1996, unless otherwise noted.