Death of a. Unit Member’s spouse or a member of the Unit Member’s immediate family, as defined in section 15.10 of this Article, when additional leave is required beyond the bereavement leave provided in section 15.10 of this Article.
Death of a unit member’s immediate family. For the purposes of this Article, immediate family will be the same as listed in Article 25, Bereavement Leave
Death of a. Certificate Holder is Annuitant: When the Annuitant/Beneficiary: Certificate Holder is the Annuitant and the Annuitant dies under option 1 or 2, or both the Annuitant and the second Annuitant die under option 3(d), the present value of any remaining guaranteed payments will be paid in one sum to the Beneficiary, or upon election by the Beneficiary, any remaining payments will continue to the Beneficiary. If option 3 has been elected and the Certificate Holder dies, the remaining payments will continue to the successor payee. If no successor payee has been designated, the Beneficiary will be treated as the successor payee. If the Account has joint Certificate Holders, the surviving joint Certificate Holder will be deemed the successor payee.
Death of a bargaining unit member;
Death of a. Contract Owner who is not the Annuitant If a contract owner dies prior to the Annuity Date and if his or her surviving spouse is the Annuitant, the Contract will continue with his or her surviving spouse as the new owner. If the surviving spouse is not the Annuitant, the Accumulated Value, less any applicable administrative charges, interest change adjustment, or surrender charge, will be distributed to the Beneficiary. If a contract owner dies on or after the Annuity Date, no death benefit will be payable under the Contract.
Death of a. When the Annuitant dies under option 2 or 3, or Annuitant/Beneficiary: both the Annuitant and the second Annuitant die under option 4(d), the present value of any remaining guaranteed payments will be paid in one sum to the Beneficiary, or upon election by the Beneficiary, any remaining payments will continue to the Beneficiary. If option 4 has been elected and the Annuitant dies, the remaining payments will continue to the second Annuitant as successor payee.
