Common use of Bridge Survivor Income Benefits Clause in Contracts

Bridge Survivor Income Benefits. a) There shall be payable in accordance with the terms and conditions of this sub-section to a Class A eligible survivor who was 45 years of age or more, or whose age in combination with the years of service of the deceased employee total 50 or more on the date of the employee's death and who has received 24 monthly payments of the transition survivor income benefit provided in Article 18.04. b) The bridge survivor income benefit will become payable commencing with the first month following the month for which the twenty-fourth monthly payment of the transition survivor income benefit is paid as follows: i) $450.00 per month payable to the eligible survivor of an employee who dies on or after July 29, 1998; ii) $500.00 per month effective July 29, 1998 will be payable in any month which an eligible Class A survivor has dependent child as defined in Article 18.04, or an eligible Class B survivor survives both parents. c) The bridge survivor income benefit will cease to be paid immediately upon occurrence of: i) The death or remarriage of the Class A eligible survivor or, ii) Attainment by the Class A eligible survivor of such age at which Old Age Security benefits become payable, other than on a "needs" basis under any federal or provincial legislation, as now in effect or hereafter enacted or amended.

Bridge Survivor Income Benefits. a) There shall be payable in accordance with the terms and conditions of this sub-sub- section to a Class A eligible survivor who was 45 years of age or more, or whose age in combination with the years of service of the deceased employee total 50 or more on the date of the employee's death and who has received 24 monthly payments of the transition survivor income benefit provided in Article 18.04. b) The bridge survivor income benefit will become payable commencing with the first month following the month for which the twenty-fourth monthly payment of the transition survivor income benefit is paid as follows: i) $450.00 per month payable to the eligible survivor of an employee who dies on or after July 29, 1998; ii) $500.00 per month effective July 29, 1998 will be payable in any month which an eligible Class A survivor has dependent child as defined in Article 18.04, or an eligible Class B survivor survives both parents. c) The bridge survivor income benefit will cease to be paid immediately upon occurrence of: i) The death or remarriage of the Class A eligible survivor or, ii) Attainment by the Class A eligible survivor of such age at which Old Age Security benefits become payable, other than on a "needs" basis under any federal or provincial legislation, as now in effect or hereafter enacted or amended.