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Appendix Form to be completed when a member is retiring from the Fund and elects to purchase a living annuity with his/her full Fund Credit. DECLARATION BY RETIRING MEMBER I, full names and surname
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The insurable interest annuity is a type of retirement benefit that provides continued income for a survivor after the annuitant passes away.
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The annuitant or their designated beneficiary is required to file the insurable interest annuity.
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The insurable interest annuity can be filled out by completing the necessary forms provided by the retirement plan administrator.
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The purpose of the insurable interest annuity is to ensure financial security for a survivor after the annuitant's death.
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The insurable interest annuity requires information about the annuitant, beneficiary, payment options, and any additional terms and conditions.
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