Life-Guaranteed 180 Months. This type off Pension provides payments for the entire lifetime of the retired Member and guarantees that, should the Member die after their Pension has commenced but before they have received one hundred and eighty (180) monthly payments thereof, the payments shall be continued to their Designated Beneficiary or estate until one hundred and eighty (180) monthly payments in all shall have been made. This option is not available to Members retiring after Normal Retirement Date.
Appears in 8 contracts
Samples: Maplegrove Transport Collective Agreement, Maplegrove Transport Collective Agreement, Collective Agreement
Life-Guaranteed 180 Months. This type off of Pension provides payments for the entire lifetime of the retired Member and guarantees that, should the Member die after their Pension has commenced but before they have received one hundred and eighty (180) monthly payments thereof, the payments shall be continued to their Designated Beneficiary or estate until one hundred and eighty (180) monthly payments in all shall have been made. This option is not available to Members retiring after Normal Retirement Date.
Appears in 4 contracts
Samples: Agreement, Collective Agreement, Collective Agreement
