Termination (Excluding Retirement) Within Five Years of Normal Retirement. If the employment of an employee terminates for any reason (except retirement) within five years of his/her normal retirement date (or earlier, if he/she is still insured within five years of his/her normal retirement date) and he/she has at least five years of creditable service under the Retirement Pension Plan as of the date which precedes by five years his/her normal retirement date, he/she may continue Life Insurance, Survivor Income Benefits coverage and Accidental Death and Dismemberment Insurance until his/her normal retirement date by paying the applicable contributions referred to in (l) below based on the amount of Life Insurance he/she had in force while working unless terminated for total and permanent disability in which event the Company will pay the cost.
Appears in 6 contracts
Termination (Excluding Retirement) Within Five Years of Normal Retirement. If the employment of an employee terminates for any reason (except retirement) within five (5) years of his/her normal retirement date (or earlier, if he/she is still insured within five years of his/her normal retirement date) and he/she has at least five years of creditable service under the Retirement Pension Plan as of the date which precedes by five years his/her normal retirement date, he/she may continue Life Insurancelife insurance, Survivor Income Benefits survivor income benefits coverage and Accidental Death accidental death and Dismemberment Insurance dismemberment insurance until his/her normal retirement date by paying the applicable contributions referred to in (l) below based on the amount of Life Insurance life insurance he/she had in force while working unless terminated for total and permanent disability in which event the Company company will pay the cost.
Appears in 2 contracts
Termination (Excluding Retirement) Within Five Years of Normal Retirement. If the employment of an employee terminates for any reason (except retirement) within five years of his/her normal retirement date (or earlier, if he/she is still insured within five years of his/her normal retirement date) and he/she has at least five years of creditable service under the Retirement Pension Plan as of the date which precedes by five years his/her normal retirement date, he/she may continue Life Insurance, Survivor Income Benefits coverage and Accidental Death and Dismemberment Insurance until his/her normal retirement date by paying the applicable contributions referred to in (l) below based on the amount of Life Insurance he/she had in force while working unless terminated for total and permanent disability in which event the Company company will pay the cost.
Appears in 2 contracts
Termination (Excluding Retirement) Within Five Years of Normal Retirement. If the employment of an employee terminates for any reason (except retirement) within five (5) years of his/her normal retirement date (or earlier, if he/she is still insured within five years of his/her normal retirement date) and he/she has at least five (5) years of creditable service under the Retirement Pension Plan as of the date which precedes by five (5) years his/her normal retirement date, he/she may continue Life Insurancelife insurance, Survivor Income Benefits coverage and Accidental Death and Dismemberment Insurance until his/her normal retirement date by paying the applicable contributions referred to in (l) below based on the amount of Life Insurance life insurance he/she had in force while working unless terminated for total and permanent disability in which event the Company company will pay the cost.
Appears in 2 contracts
