Survivor beneficiary definition

Survivor beneficiary means a person designated by the member to receive a monthly benefit allowance after the member dies.
Sample 1Sample 2Sample 3
Survivor beneficiary means a person who receives a pension or who has been designated to be paid a pension as a result of the death of a member or retired member."
Sample 1Sample 2Sample 3
Survivor beneficiary means a person who receives a pension or who has been designated to be paid
Sample 1Sample 2Sample 3

Examples of Survivor beneficiary in a sentence

  • Upon your death, if the Fund Office is notified on a timely basis, payments to your Joint and Survivor beneficiary begin as of the first day of the calendar month immediately following your death.

  • If you are married, receiving monthly pension benefits, and your Joint and Survivor beneficiary predeceases you, the Plan allows you to have your future benefit payments thereafter restored to the amount you would have been eligible for if the Joint and Survivor Pension had not been in effect.

  • The amount of the reduction depends on two factors: the difference in age between you and your Joint and Survivor beneficiary, and whether you have elected to have your Joint and Survivor beneficiary receive 50%, 75% or 100% of your monthly amount; the higher the continuation percentage, the greater the reduction in your monthly benefit.

  • The value returned by the module will be version 2.0.2. This version is equivalent to version 1.0 of the OpenPeak Cryptographic Security Module.

  • The Plan’s “pop‐up” in benefits will start with the first month after the Fund Office is furnished with proof of the death of the Joint and Survivor beneficiary.

  • Survivor beneficiary designations made by a member in accordance with the Rules and Regulations of the Retirement System or the Provisions of the 401(k) Plan, or survivor beneficiary designations made by operation of those plans, will be honored notwithstanding contrary survivor beneficiary designations contained in a DRO.

  • The amount of the reduction depends on two factors:• the difference in age between you and your Joint and Survivor beneficiary, and• whether you have elected to have your Joint and Survivor beneficiary receive 50%, 75% or 100% of your monthly amount; the higher the continuation percentage, the greater the reduction in your monthly benefit.

  • Hayes – Beneficiary Retirement Effective 9/1/2016 – Survivor beneficiary of Jonathan C.


More Definitions of Survivor beneficiary

Survivor beneficiary means a supplemental needs trust or a natural person who receives a pension or that has been designated to be paid a pension as a result of the death of a member or retired member.
Sample 1
Survivor beneficiary means a person who receives a pension or5
Sample 1
Survivor beneficiary means a person who
Sample 1

Related to Survivor beneficiary

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Refund beneficiary means an individual nominated by a qualified participant or a former qualified participant under section 66 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 67.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • Spouse means, an individual who,