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Correction

Disclosure of Relative Values of Optional Forms of Benefit

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Start Preamble Start Printed Page 75899 End Preamble Start Supplemental Information

Correction

In proposed rule document 02-25338 beginning on page 62417 in the issue of Monday, October 7, 2002, make the following correction:

[Corrected]

On page 62425, in § 1.417(a)(3)-1, the table is being republished in its entirety.

Age 55 Commencement

Optional formAmount of distribution per $1,000 of immediate single life annuityRelative value
Life Annuity$1,000 per monthApproximately the same value as the OJSA.
QJSA (joint and 75% survivor annuity)$956 per monthn/a.
Joint and 100% survivor annuity$886 per monthApproximately the same value as the QJSA.
Lump sum$165,959Approximately the same value as the QJSA.

Age 60 Commencement

Optional formAmount of distribution per $1,000 of immediate single life annuityRelative value
Life Annuity$1,000 per monthApproximately 94% of the value of the QJSA.
QJSA (joint and 75% survivor annuity)$945 per monthn/a.
Joint and 100% survivor annuity$859 per monthApproximately 94% of the value of the QJSA.
Lump sum$151,691Approximately the same value as the QJSA.

Age 65 Commencement

Optional formAmount of distribution per $1,000 of immediate single life annuityRelative value
Life Annuity$1,000 per monthApproximately 93% of the value of the QJSA.
QJSA (joint and 75% survivor annuity)$932 per monthn/a.
Joint and 100% survivor annuity$828 per monthApproximately 93% of the value of the QJSA.
Lump sum$135,759Approximately 93% of the value of the QJSA.
End Supplemental Information

[FR Doc. C2-25338 Filed 12-9-02; 8:45 am]

BILLING CODE 1505-01-D