Common use of Minimum Benefit Clause in Contracts

Minimum Benefit. ‌ (a) In no event shall the benefit determined under Section 6.01 or 6.02 and provided to a Member with more than twenty (20) Years of Service be less than $100 per month. (b) Notwithstanding the foregoing, to the extent an applicable Appendix contains a minimum benefit provision, subparagraph (a) shall not apply and the Member’s minimum benefit shall be determined under the terms of the applicable Appendix.