Common use of Group Survivor Income Benefit Clause in Contracts

Group Survivor Income Benefit. In the event that an eligible employee is on the payroll and has been actively at work on or after June 15, 1985, and has completed at least 10 years of continuous service, the “survivor spouse” will receive an income payable monthly. The benefit in the amount of $250 per month will be paid monthly in advance beginning on the first day of the month following the death of the employee. The last payment is due on the first day of the month in which the surviving spouse dies except that:

Group Survivor Income Benefit. In the event that of an eligible employee is employee's death while on the payroll and has been actively at work on or after June 15, 1985payroll, and has having completed at least 10 years of continuous service, the “"survivor spouse” " will receive an income payable monthly. The benefit in the amount of $250 per month will be paid monthly in advance beginning on the first day of the month following the death of the employee. The last payment is due on the first day of the month in which the surviving spouse dies except that:.