Common use of Lump Sum Death Benefit Clause in Contracts

Lump Sum Death Benefit. In the event of an employee's death, the designated beneficiary, beneficiaries or estate, if permissible by law, must receive a lump sum payment for accrued sick leave at the current pay rate, as follows: (a) if the death is the result of a non-service connected accident or illness - 50 percent of the total value; and (b) if the death is the result of a service-connected accident or illness - 100 percent of the total value. The designated beneficiary must be specified by the employee or as designated under the Employees' Retirement System of Montgomery County if not named specifically.

Lump Sum Death Benefit. In the event of an a bargaining unit employee's death, death the designated beneficiary, beneficiaries or estate, if permissible by law, must receive a lump sum lump‐sum payment for accrued sick leave at the current pay rate, as follows: (a) if A. If the death is the result of a non-service non‐service connected accident or illness - 50 illness—50 percent of the total value; and. (b) if B. If the death is the result of a service-connected service‐connected accident or illness - 100 illness—100 percent of the total value. The designated beneficiary must be specified by the employee or as designated under the Employees' Employee’s Retirement System of Montgomery County County, if not named specifically.

Lump Sum Death Benefit. In the event of an employee's ’s death, the designated beneficiary, beneficiaries or estate, if permissible by law, must receive a lump lump-sum payment for accrued sick leave at the current pay rate, as follows: (a) if 1. If the death is the result of a non-service service-connected accident or illness - 50 -- 75 percent of the total value; and (b) if 2. If the death is the result of a service-connected accident or illness - 100 --100 percent of the total value. The designated beneficiary must be specified by the employee or as designated under the Employees' ’ Retirement System of Montgomery County County, if not named specifically.