7 billion (approximately equal to 1 billion Pounds Sterling) transaction covering 20,000 annuitants
in higher socioeconomic status residential locations purchase larger annuities.
Now Pensions Minister Steve Webb says that annuitants
should be able to 'unwind' their contracts.
The program encompasses domestic and overseas positions, and offers the skills of annuitants
from the Foreign Service and Foreign Affairs Agencies and the Department's Civil Service ranks.
com)-- Secure Horizon Settlements, LLC (SHS), a forward-looking and trustworthy financial services company, recently upgraded their funding process to better accommodate annuitants
looking to convert their settlement payment into an immediate lump sum of cash.
The State Universities Annuitants
Association said that its deal with the Illinois Attorney General's office would give more time to higher education employees who had been considering retiring before the new state pension law begins in June to avoid cuts.
with no medical conditions had an average pension pot of PS17,000 and enhanced annuitants
had a typical fund of PS26,800.
The Government will make flat-rate lump sum payments to living, with-profits annuitants
who bought their annuity from Equitable Life Assurance Society before September 1 1992.
has expanded its suite of fixed annuity analysis software to calculate the highest Guaranteed Lifetime Income Benefit for prospective annuitants
In an effort to save money and increase efficiency, the task of paying military retirees and annuitants
was consolidated in Cleveland in 2002 when the function was outsourced to a contractor, with oversight provided by a small DFAS staff.
We are also being told that annuitants
(also known as double-dippers), who have been building their little empire [in the] full-time reserve army, will be put on a tighter leash for full-time contracts.
This is true because the payments generated by such annuities consist partly of a return on the original investment, partly of a return on earnings on the assets in which the capital is invested, and partly of a "mortality credit," meaning money not payable to annuitants