Pre-Retirement Death Benefit means the benefit payable, as set forth in Article 4, to the Beneficiary of an Executive who dies prior to the commencement of his Retirement Income Benefit.
Pre-Retirement Death Benefit means a monthly benefit equal to 50% of a Member's Basic Compensation. This benefit shall be paid for a period of 180 months.
Pre-Retirement Death Benefit means the benefit determined in accordance with Section (a) of Article XII.
Examples of Pre-Retirement Death Benefit in a sentence
Pre-Retirement Death Benefit: The Plan also offers a lump-sum return of contributions with interest or surviving spouse benefit depending on length of service.
Continuation of Pre-Retirement Death Benefit after Remarriage of Survivor.
There is an alternative Pre-Retirement Death Benefit in the form of a lump sum.
For a good fit, the GFI and the AGFI has to be above .85, the same as the comparative CFI.
In the event the Participant is a vested Participant in this Plan and the Participant dies before retiring, the amount of the Pre-Retirement Death Benefit payable to the Participant’s Surviving Spouse will be equal to the survivor’s portion of the 100% Joint and Survivor Option.
More Definitions of Pre-Retirement Death Benefit
Pre-Retirement Death Benefit means the lesser of (x) the product of (i) $_________ per month indexed at four percent (4%) per annum, multiplied by (ii) the number of completed calendar years subsequent to ______________, or (y) the sum of (i) the product of (A) twelve (12) multiplied by (B) one hundred percent (100%) of monthly salary for the month in which death occurs and (2) the product of (A) one hundred sixty-eight (168) multiplied by (B) sixty percent (60%) of the monthly salary for the month in which death occurs.
Pre-Retirement Death Benefit means, with respect to an Executive, the death proceeds payable under the Policy by the Insurer to the Executive’s Beneficiary, in the amounts set forth in the Endorsement unless otherwise provided in an Executive’s Plan Agreement. Neither the Company nor the Executive shall be responsible in any way for the tax status of the Pre-Retirement Death Benefit.
Pre-Retirement Death Benefit means the Annual Pre-Retirement Death Benefit amount set forth in the Addendum to this Agreement.
Pre-Retirement Death Benefit means the SERP Benefits payable pursuant to Section 3(e) hereof.
Pre-Retirement Death Benefit means the benefit payable to the Beneficiary of a Participant who dies prior to commencement of his Retirement Income Benefit, as described in Section 4.
Pre-Retirement Death Benefit means the benefit as set forth in Section 3.8.
Pre-Retirement Death Benefit means the death benefit payable under either Section III.B.4. or Section IV.B.4. of the Plan.