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annuitant

[ uh-noo-i-tnt, uh-nyoo- ]

noun

  1. a person who receives an annuity.


annuitant

/ əˈnjuːɪtənt /

noun

  1. a person in receipt of or entitled to an annuity
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of annuitant1

First recorded in 1710–20; annuit(y) + -ant
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Example Sentences

After retiring from the Department of General Services in the 1980s, Lee worked as a retired annuitant until last year, meaning she was rehired onto the payroll as a part-time worker while drawing retirement benefits.

“The approach includes increased entry-level hiring, targeted recruitment of experienced professionals, rehiring of retired annuitants, temporary reassignment of commissioned examiners and specialists who hold positions elsewhere in the F.D.I.C., and reduced examiner travel.”

Its chief engineer retired a few months ago but is on board as a post-retirement annuitant.

For example, couples often own an annuity jointly, or name one spouse as the owner and the other as the “annuitant.”

“We are now using enhanced techniques within MetLife’s retirement and income solutions business to better locate and promptly pay any group annuitant who may be entitled to benefits.”

From Reuters

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