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WHAT IS THE “POP – UP” OPTION?

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WHAT IS THE “POP – UP” OPTION?

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The “Pop-Up” Option is a retirement option that you may elect which allows for your retirement to be changed from Option II or Option III to a Straight Life Option in the event your beneficiary predeceases you. The cost for this option is borne by the retiree or his/her beneficiary. There are three Pop-up Options from which a retiree may choose.

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The “Pop-Up” Option is a retirement option that you may elect which allows for your retirement to be changed from Option II, Option A or Option III to a Straight Life Option in the event your beneficiary predeceases you. The cost for this option is borne by the retiree or his/her beneficiary. There are three Pop-up Options from which a retiree may choose.

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