Spouse Pension Sample Clauses

Spouse Pension. If the insured dies, the surviving spouse has the right to a pension of 55% of the supplementary retirement pension after 67. The spouse pension will, according to this agreement, be paid from the time the wages/pension cease according to this agreement and as long as the spouse is alive. The pension payment ceases at the end of the month of death of the spouse.
Sample 1Sample 2
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Spouse Pension. If the Annuitant is a Former Pension Plan Member, the insurer guarantees that if the Annuitant dies, the Annuitant's Spouse will receive a Pension (the “Spouse Pension”) equal to at least 60% of the amount of the Pension that the Annuitant was receiving during his/her lifetime, including during any replacement period, the amount of any temporary pension payable thereunder, as the case may be. The Annuitant's Spouse may waive his/her right to a Spouse Pension by means of a written notice addressed to CIBC Investor Services on behalf of the Trustee. Such waiver may itself be revoked by the Annuitant's Spouse by way of a written notice addressed to CIBC Investor Services on behalf of the Trustee or the insurer before the date of conversion, in whole or in part, of the LIF. The Annuitant's Spouse's right to a Spouse Pension is subject to paragraph 5(d) below.
Sample 1
Spouse Pension. If the Annuitant is a former member of the Pension plan from which the funds held in this LIRA originated, the insurer guarantees that if the Annuitant dies, the Annuitant’s Spouse will receive a Pension (the “Spouse Pension”) equal to at least 60% of the amount of the Pension that the Annuitant was receiving during his/her lifetime, including during any replacement period, the amount of any temporary pension payable thereunder, as the case may be. The Annuitant’s Spouse may waive his/her right to a Spouse Pension by means of a written notice addressed to CIBC Asset Management Inc., on behalf of the Trustee. Such waiver may itself be revoked by the Annuitant’s Spouse by way of a written notice addressed to CIBC Asset Management Inc., on behalf of the Trustee or the insurer, before the date of conversion, in whole or in part, of the LIRA. The Annuitant’s Spouse’s right to a Spouse Pension is subject to section 7 below. Renaissance Investments Locked-In Retirement Account Amending Agreement (Québec) Supplemental Pension Plans Act of Québec
Sample 1
Spouse Pension. If the Annuitant is a former member of the Pension plan from which the funds held in this LIRA originated, the insurer guarantees that if the Annuitant dies, the Annuitant’s Spouse will receive a Pension (the "Spouse Pension") equal to at least 60% of the amount of the Pension that the Annuitant was receiving during his/her lifetime, including during any replacement period, the amount of any temporary pension payable thereunder, as the case may be. The Annuitant’s Spouse may waive his/her right to a Spouse Pension by means of a written notice addressed to CIBC Investor Services on behalf of the Trustee. Such waiver may itself be revoked by the Annuitant’s Spouse by way of a written notice addressed to CIBC Investor Services on behalf of the Trustee or the insurer before the date of conversion, in whole or in part, of the LIRA. The Annuitant’s Spouse’s right to a Spouse Pension is subject to section 7 below.
Sample 1
Spouse Pension. If the Annuitant is a former member of the Pension plan from which the funds held in this LIRA originated, the insurer guarantees that if the Annuitant dies, the Annuitant’s Spouse will receive a Pension (the “Spouse Pension” ) equal to at least 60% of the amount of the Pension that the Annuitant was receiving during his/her lifetime, including during any replacement period, the amount of any temporary pension payable thereunder, as the case may be. The Annuitant’s Spouse may waive his/her right to a Spouse Pension by means of a written notice addressed to the Issuer. Such waiver may itself be revoked by the Annuitant’s Spouse by way of a written notice addressed to the Issuer before the date of conversion, in whole or in part, of the LIRA. The Annuitant’s Spouse’s right to a Spouse Pension is subject to section 7 below. In addition, the balance of the LIRA may only be converted into a Pension guaranteed by an insurer and established for the duration of the life of the Annuitant alone or for the duration of the life of the Annuitant and his/her spouse, if the following conditions, where applicable, are met:
Sample 1

Related to Spouse Pension

  • Welfare, Pension and Incentive Benefit Plans During the Employment Period, the Executive (and his eligible spouse and dependents) shall be entitled to participate in all the welfare benefit plans and programs maintained by the Company from time to time for the benefit of its senior executives including, without limitation, all medical, hospitalization, dental, disability, accidental death and dismemberment and travel accident insurance plans and programs. In addition, during the Employment Period, the Executive shall be eligible to participate in all pension, retirement, savings and other employee benefit plans and programs maintained from time to time by the Company for the benefit of its senior executives.

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • No Pension Plans There are no pension, profit sharing, group insurance or similar plans or other deferred compensation plans affecting the Company;

  • Canadian Pension Plans The Loan Parties shall not (a) contribute to or assume an obligation to contribute to any Canadian Defined Benefit Plan, without the prior written consent of the Administrative Agent, or (b) acquire an interest in any Person if such Person sponsors, administers, maintains or contributes to or has any liability in respect of any Canadian Defined Benefit Plan, or at any time in the five-year period preceding such acquisition has sponsored, administered, maintained, or contributed to a Canadian Defined Benefit Plan, without the prior written consent of the Administrative Agent.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • Disability Benefit If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

  • Surviving Spouse The term "Surviving Spouse" shall mean the person, if any, who shall be legally married to the Executive on the date of the Executive's death.

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