Relative Value Statements - do Single participants or MRD's get them?

[Guest crosseyetester]

Just looking for clarification on who actually is supposed to be given a Relative Value Statement for their benefits from a defined benefit plan. I was under the impression that any time there is more than one option available for payment of benefits, then a relative value statement was to be prepared. I understand that it is part of the QJSA requirements. Does a single participant who can take either a single life annuity or a lump sum have to be given the statement of relative value as well?

Also does an active married participant who is starting to receive an MRD and is being given a single life benefit have to be given a relative value statement?

Thank you.