An annuitant is a person who is entitled to receive benefits from an annuity. An annuity certain pays the annuitant for a number of years designated. A pure life annuity ceases to make payments on the death of the annuitant. The annuity starts making regular payments to the annuitant within a year. TRS members fall into the following categories&colon; active, inactive, annuitant, and beneficiary. The assumed period of the loan is based on the life expectancy of the annuitant. Often a maximum number of hours per year which the annuitant may work is specified. Commissions are not paid by the client (annuitant). Such a "re-hire" is referred to as an annuitant.