104.1048. Waiver of monthly payment or COLA.
Waiver of monthly payment or COLA.
104.1048. A person receiving an annuity may waive monthly annuitypayments or a cost-of-living adjustment (COLA) for periods of time,provided no waiver may be contrary to applicable federal law. A waivershall be final as to any payment or COLA waived.
(L. 1999 S.B. 308 & 314)