[Code of Federal Regulations]
[Title 29, Volume 9]
[Revised as of July 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR4022.101]

[Page 810]
 
                             TITLE 29--LABOR
 
            CHAPTER XL--PENSION BENEFIT GUARANTY CORPORATION
 
PART 4022_BENEFITS PAYABLE IN TERMINATED SINGLE-EMPLOYER PLANS--Table 
of Contents
 
 Subpart G_Certain-and-Continuous and Similar Annuity Payments Owed for 
                       Future Periods After Death
 
Sec. 4022.101  When do these rules apply?

    Source: 67 FR 16958, Apr. 8, 2002, unless otherwise noted.


    (a) In general. These rules (Sec. Sec. 4022.101 through 4022.104) 
apply only if you die--
    (1) Required payments for future periods. Without having received 
all required payments for future periods under a form of annuity 
promising that, regardless of a participant's death, there will be 
annuity payments for a certain period of time (e.g., a certain-and-
continuous annuity) or until a certain amount is paid (e.g., a cash-
refund annuity or installment-refund annuity);
    (2) No surviving beneficiary. Without a surviving beneficiary 
designated to receive the payments described in paragraph (a)(1) of this 
section; and
    (3) Time of death. (i) On or after the date we take over your plan 
(as trustee); or
    (ii) Before the date we take over your plan, to the extent that, by 
that date, the plan administrator has not paid any required payments for 
future periods.
    (b) Effect of plan or will. These rules apply even if there is a 
contrary provision in a plan or will.
    (c) Payments owed at time of death. See Sec. Sec. 4022.91 through 
4022.95 for rules that apply to benefits we may owe you at the time of 
your death, such as a correction for monthly underpayments.