A person receiving an annuity may waive monthly annuity payments or a cost-of-living adjustment (COLA) for periods of time, provided no waiver may be contrary to applicable federal law. A waiver shall be final as to any payment or COLA waived.
Mo. Rev. Stat. § 104.1048
Waiver of monthly payment or COLA
Effective: 28 Aug 1999; (L. 1999 S.B. 308 & 314)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.