Common use of Additional Death Benefit Clause in Contracts

Additional Death Benefit. ASF Members who retire on or after July 1, 1985, shall be entitled to a five hundred dollar ($500) death benefit payable to a beneficiary designated by the ASF Member, if at the time of death the ASF Member is entitled to an annuity under a State retirement program. A five hundred dollar ($500) cash death benefit shall also be payable to the designated beneficiary of an ASF Member who becomes totally and permanently disabled on or after July 1, 1985, and who at the time of death is receiving a State disability benefit and is eligible for a deferred annuity under a State retirement program.

Additional Death Benefit. ASF Members who retire on or after between July 1, 1985, and December 31, 2007, shall be entitled to a five hundred dollar ($500) death benefit payable to a beneficiary designated by the ASF Member, if at the time of death the ASF Member is entitled to an annuity under a State retirement program. A five hundred dollar ($500) cash death benefit shall also be payable to the designated beneficiary of an ASF Member who becomes totally and permanently disabled on or after between July 1, 1985, and December 31, 2007, and who at the time of death is receiving a State disability benefit and is eligible for a deferred annuity under a State retirement program.