Common use of Normal Pension Clause in Contracts

Normal Pension. Pension payable for life with the provision that, upon death, the beneficiary will receive the excess, if any, of the accumulated member contributions with interest over the sum of the pension payments made.

Normal Pension. Pension payable for life with the provision that, upon death, the beneficiary will receive the excess, if any, of the accumulated member contributions with interest over the sum of the pension payments made.. Optional Forms: Amount determined on an actuarially equivalent basis and payable in one of the following forms: life annuity with guaranteed form life annuity with continuation to a joint annuitant level income with Pension Plan and Old Age Security benefits of Employment:

Normal Pension. Pension payable for life with the provision that, upon death, the beneficiary will receive the excess, if any, of the accumulated accumu- lated member contributions with contributionswith interest over the sum of the pension payments made.