Waiver of Arrears. In some circumstances, a custodial parent may agree to waive past due child support. This may be because she is financially capable of caring for her child without the past due support.
Annuity: AGE 62+. For retirement at age 62+ with 20+ years, the annuity is 10% more. Annuity supplement. If all your earnings have been under the FERS system, and none of your FERS earnings were prior to age 22, then you can divide the age-62 Social Security estimated benefit by 40 and multiply the result by years of FERS service.
See also: Pension. A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive. A life annuity is an insurance product typically sold or issued by life insurance companies. Life annuities may be sold in exchange for the immediate payment of a lump sum (single-payment annuity) or a series of regular payments (flexible payment annuity), prior to the onset of the annuity.