If a company's plan permits, pension annuity payments may be provided for a certain period of time - as long as it is not longer than the period under the Uniform Lifetime Table for the participant's age as of his birthday in the same year in which the annuity starting date occurs.The period does not change upon the death of the employee, even if the remaining period certain is longer or shorter than the beneficiary's single life expectancy. The same is true if the annuity also includes a life annuity or a joint and last survivor annuity.
If the annuity starting date is before the required beginning date and before the plan participant is 70, then the maximum period certain equals 27.4 years (the period under the Uniform Lifetime Table) plus the excess of 70 over the participant's age on his birthday in the calendar year when the annuity payments start.
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