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<blockquote data-quote="Well-Known Member" data-source="post: 6133109" data-attributes="member: 85066">5 years guaranteed payments from fund. If you pass away after 5 years and did not take the survivor benefit option, there will be no more payments.If you pass away before 5 years, your spouse will receive payments until a total of 60 payments have been made.UPS/IBT Full-Time Employee Pension PlanLifetime with Limited Surviving Spouse Option Annuity The Lifetime with Limited Surviving Spouse Option Annuity pays you a monthly benefit for your lifetime. Additionally, the Plan will pay a limited survivor benefit if you satisfy one of the criteria listed below:&nbsp;&nbsp; You have completed at least 20 years of Service Pension Credit &nbsp;&nbsp; You have completed at least 30 years of Combined Service Credit, or &nbsp;&nbsp; You are at least age 50 and have completed at least 20 years of Combined Service Credit. If you are eligible for a limited survivor benefit as described above and you: &nbsp;&nbsp; Are married at the time of your death, and&nbsp;&nbsp; Have not received the equivalent of 60 payments,your spouse will continue to receive monthly payments at the time of your death until a combined total of 60 payments have been made to you and your spouse. If you have already received a total of 60 payments, no payments will be made to your surviving spouse.</blockquote>

[QUOTE="Well-Known Member, post: 6133109, member: 85066"] 5 years guaranteed payments from fund. If you pass away after 5 years and did not take the survivor benefit option, there will be no more payments. If you pass away before 5 years, your spouse will receive payments until a total of 60 payments have been made. [B][SIZE=6]UPS/IBT Full-Time Employee Pension Plan[/SIZE] Lifetime with Limited Surviving Spouse Option Annuity[/B] The Lifetime with Limited Surviving Spouse Option Annuity pays you a monthly benefit for your lifetime. Additionally, the Plan will pay a limited survivor benefit if you satisfy one of the criteria listed below: You have completed at least 20 years of Service Pension Credit You have completed at least 30 years of Combined Service Credit, or You are at least age 50 and have completed at least 20 years of Combined Service Credit. If you are eligible for a limited survivor benefit as described above and you: Are married at the time of your death, and Have not received the equivalent of 60 payments, your spouse will continue to receive monthly payments at the time of your death until a combined total of 60 payments have been made to you and your spouse. If you have already received a total of 60 payments, no payments will be made to your surviving spouse. [/QUOTE]

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