Common use of Life-Guaranteed Clause in Contracts

Life-Guaranteed. 60 Months This type of Pension provides payments for the entire lifetime of the retired Member and guarantees that, should the member die after the Pension has commenced but before they have received sixty (60) monthly payments thereof, the payments shall be continued to their Designated Beneficiary or estate until sixty (60) payments in all shall have been made.

Appears in 8 contracts

Samples: Collective Agreement, Maplegrove Transport Collective Agreement, Collective Agreement

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Life-Guaranteed. 60 Months This type of Pension provides payments for the entire lifetime of the retired Member and guarantees that, should the member die after the Pension has commenced but before they have received sixty (60) monthly payments thereof, the payments shall be continued to their Designated Beneficiary or estate until sixty (60) payments in all shall have been made.sixty

Appears in 2 contracts

Samples: Maplegrove Transport Collective Agreement, Maplegrove Transport Collective Agreement

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