Form of Benefits. The survivor income benefit shall be paid to the Executive's beneficiary in a lump sum within sixty (60) days after the Executive's death.
Form of Benefits. 3.1. All persons identified in section 2.2 shall be eligible to purchase health insurance from the City at prices and coverage levels that are identical to those offered to active employees of the City, to the extent required by law or permitted under the applicable insurance policy.
Form of Benefits. (a) Normal form. Payments of benefits in the normal form shall commence on the first day of the month for which the benefit is for, if the participant is then living, and shall be pro rated and paid on the first day of the month of the participant's actual retirement date. Payments of benefits shall be payable monthly thereafter during his lifetime, and terminating with the last payment on the first day of the month of the death of the participant.
Form of Benefits. Section 1. Purchase of Annuities or Payment of Lump Sum 67 Section 2. Qualified Joint and 50% Survivor Annuity 68 Section 3. Optional Forms of Benefits 69 Section 4. Small Benefits 72 Section 5. Direct Rollovers 73
Form of Benefits. 3.1. All persons identified in section 2.2 who were originally hired into full-time regular status prior to January 1, 2003-will be eligible to receive a monthly benefit equal to $5.00 per month for each year of service (up to a maximum of $150 per month). This benefit will be paid in addition to any benefit payable as per sections 3.1 and 3.2 above, if any. For purposes of administering this benefit:
Form of Benefits. (i) Subject to the provisions of Section 9.02(a) above, upon the Participant's death, all distributions to the Beneficiary of the remaining balance of the Participant's Account shall be made or commence within 60 days after the Employer has received notification of the death of the Participant or the Participant's surviving spouse or other Beneficiary. The method of payment shall be limited to the following:
Form of Benefits. The survivor income benefit shall be equal to SEVENTY-FIVE PERCENT (75%) of the Executive's final annual salary that was paid to him at the time of his death and shall be paid to the Executive's beneficiary in one hundred twenty (120) equal monthly installments payable on the first day of each month commencing with the first day of the month following the Executive's death until one hundred twenty (120) payments have been made.
Form of Benefits. The annual benefit amount payable following Normal Retirement, Early Retirement, or Disability shall be paid in equal monthly installments (1/12 of the annual benefit) for a period of one hundred and eighty (180)) months; provided, however, that such benefits shall cease upon the Executive’s death. The benefit amounts payable following Involuntary Termination under Section 3.03 above and following a Change of Control under Section 3.05 above shall be payable in a lump sum within 30 days following the event.
Form of Benefits. The survivor income benefit shall be paid to the Executive's beneficiary in 120 equal monthly installments payable on the first day of each month commencing with the first day of the month following the Executive's death.
Form of Benefits. The normal retirement benefit shall be payable in the form of a monthly annuity for the life of the member, unless an election of optional benefit is made as hereinafter provided.
