Gallagher Actuarial Services

The "Box"

(It may be necessary to complete a "Box" for both pre- and post-retirement!)
For some additional comments, check out number 13 of the Frequently Asked Questions.


Explain what happens when: Participant is:
And Alternate Payee is: Alive Dead
Alive AP receives a portion of P's retirement benefit if/as/and when each payment is due to be paid to P.
OR
AP receives a portion of P's retirement benefit but payable in a different amount independent of P's survival.
OR
?		 AP is/is not treated as surviving spouse or beneficiary.
OR
All payments cease.
OR
?
Dead AP's portion of P's retirement benefit reverts to P.
OR
AP's portion of P's retirement benefit continues to AP's estate/children/beneficiary.
OR
AP's portion stops.
OR
?		 AP's portion of P's retirement benefit reverts to P's beneficiary.
OR
AP's portion of P's retirement benefit continues to AP's estate/children/beneficiary.
OR
All payments cease.
OR
?

Michael E. Gallagher, A.S.A., M.A.A.A.
Gallagher Actuarial Services
P.O. Box 2345
South Portland, ME 04116-2345
(207) 885-5600
actuary@galactser.com