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HINT: Please choose letter below to see the interpretation of the term you are looking for or click on All to see all terms at one page.
J
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Interpretation
JOINT AND SURVIVOR ANNUITY - A form of pension fund payment in which the retired participant gets a check every month. If and when the participant dies, the spouse continues to get a monthly check equal to one-half of the benefit for the rest of his or her life.
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