Benefits Upon Death. If the employee should die before all the monthly instalments have been paid, the balance will be paid to his/her beneficiary in a lump sum. If all the instalments have been paid, or if the unpaid balance is less than $500.00, his/her beneficiary will receive $500.00. Payment of Total and Permanent Disability benefits will in no way affect any benefit the employee may be entitled to under the Retirement Pension Plan.
Benefits Upon Death. If the death of any Employee occurs while he is still a Participant in this Plan and prior to his actual retirement or other termination of employment with the Companies, the entire balance credited to his Company Contributions Account as of the Valuation Date coincidental with or immediately preceding the date of his death plus any Company contributions to which he is entitled pursuant to Section 4.2 for the Plan Year in which his death occurs shall be paid to the Beneficiary of that deceased Participant in accordance with the provisions of Section 6.10.
Benefits Upon Death. In the event of the death of the Executive following the termination of the Executive's employment but prior to the expiration of the Term, for the balance of the Term the Company will pay all amounts required under Section 5 to the Executive's personal representative or the executor or administrator of the Executive's estate.
Benefits Upon Death. 18 Section 6.6. Beneficiaries...........................................................................19 Section 6.7. Lack of Beneficiaries...................................................................19 Section 6.8. Termination or Retirement prior to Death................................................19
Benefits Upon Death. In the event of a termination of employment due to death of the Executive, her legal representatives shall be entitled to receive any unpaid amount of her then current salary through the effective date of such termination as well as any other benefits which shall have vested and become payable to her under the Benefit Plans as of such effective date or to which the Executive is otherwise entitled upon her death under any Benefit Plan or other policy or program of the Company or any associated Company in accordance with the respective terms of such Benefit Plan, policy or program.
Benefits Upon Death. If the Participant dies prior to full payment of his or her SERP benefits under Section 5.2 or 5.3 above, the Participant's SERP benefits shall be paid to the Participant's Beneficiary in a lump sum cash payment as soon as administratively practicable after the Valuation Date coinciding with or immediately following the Participant's death.
Benefits Upon Death. If the employee should die before all the monthly instalments have been paid, the balance will be paid to his/her beneficiary in a lump sum. If all the instalments have been paid, or if the unpaid balance is less than $500.00, his/her beneficiary will receive $500.00. Payment of Total and Permanent Disability benefits will in no way affect any benefit the employee may be entitled to under the Retirement Pension Plan. commencing on or after December 1, 2009 but before October 1, 2010 and $875.00 per month for any such benefit payable for months commencing on or after October 1, 2010, except that for any month in which an eligible Class A survivor has a dependent child as defined in subsection (a)(2) herein and for any month in which an eligible Class B survivor has no parent surviving, the amount of the transition survivor income benefit shall be $900.00 per month for any such month commencing on or after December 1, 2009 but before October 1, 2010 and $950.00 per month for any such benefit payable for months commencing on or after October 1, 2010. For the months in which two or more eligible Class B or Class C survivors share a Benefit, each survivor's share is computed as a fraction of the Benefit that would be paid to him/her as a sole survivor, according to his/her own eligibility for statutory benefits. The first such Benefit is payable on the first day of the month following the employee's death. Thereafter, a Monthly Survivor Income Benefit is payable on the first day in each of the next 23 months, but if on the first day of any month after the employee's death no person then living qualifies as his/her Survivor, no such Benefit is payable for that month or any subsequent month. Survivors are classified and defined as follows:
Benefits Upon Death. In the event of the death of a teacher who has funds remaining in his/her Section 105/HRA Plan account at the time of their death, the funds cannot be deposited into the MSRS HCSP. Instead, the Section 105/HRA Plan Document will stipulate the allowable payment of the remaining funds.
Benefits Upon Death. If the Executive dies following a Change in Control Termination but prior to the payment of the applicable lump sum provided for in Section 7.03 above, the Corporations shall pay the applicable lump sum described in Section 7.03 hereof to the Executive's Beneficiary (as described in Section 5.01 hereof) within ten (10) days following receipt by either of the Corporations of payment instructions from such Beneficiary.
Benefits Upon Death. In the event of the death of the Mills prior to March 31, 2005, Mills' estate, heirs or beneficiaries, xx applicable, xxxxx xx xxxxxxxx, xx addition to any other benefits specifically provided to them or Mills under any benefit plan, to receive the retirement compensation xxx forth in Section 2 hereof until March 31, 2005.
