Frequency of Payments. Annuity payments under this Contract will be made monthly, except that, if such payments would amount to less than $20 each, Aetna reserves the right to make payments at less frequent intervals, but not less frequently than annually; provided, however, that if on the Annuity Commencement Date the annual rate of payment to any payee is less than $100, Aetna may make such other settlement as may be equitable to the payee. TABLES
Appears in 1 contract
Sources: Group Deposit Administration Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)
Frequency of Payments. Annuity payments under this Contract will be made monthly, except that, if such payments would amount to less than $20 25 each, Aetna reserves the right to make payments at less frequent intervals, but not less frequently than annually; provided, however, that if on the Annuity Commencement Date at any time the annual rate of payment to any payee is less than $100, Aetna may make such other settlement as may be equitable to the payee. TABLES
Appears in 1 contract
Sources: Group Retirement Annuity Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)
Frequency of Payments. Annuity payments under this Contract will be made monthly, except that, that if such payments would amount to less than $20 10 each, Aetna EALIC reserves the right to make payments payment at less frequent intervals, but not less frequently than annually; provided, provided however, that if on the Annuity Commencement Date at any time the annual rate of payment to any payee is less than $100120, Aetna EALIC may make such other settlement as may be equitable to the payee. TABLESAnnuitant.
Appears in 1 contract
Sources: Retirement Annuity Contract (Variable Annuity Life Insurance Co Separate Account A)