The original sunrise legislation and HB 2256 identify. safety of medication administration by medication technicians as the central issue to be. explored by the Board. The Board also believed that participant satisfaction would be an. important indicator of acceptance of the medication technician role.
An annuitant is a person who is entitled to receive benefits from an annuity. Since 2000, in the United States of America, Federal and State agencies have allowed the re-hiring of retired employees without the loss of their retirement benefits. Such a re-hire is referred to as an annuitant. Often a maximum number of hours per year which the annuitant may work is specified.
Concept of an Annuity. Annuities are used primarily to provide a steady stream of income to an individual typically upon retirement. In theory, an annuity is designed to protect against outliving an individualâs retirement income by providing lifetime income. One of the primary functions of an annuity is to liquidate an estate, or to pay benefits until the death of an annuitant.