No Eligible Survivor. If no eligible survivor of the employee qualifies in any Class on the first of the month following the death of the employee, no payments will be made hereunder. Once begun, payments will cease when there is no eligible survivor in any Class.
No Eligible Survivor. If no eligible survivor of the employee qualifies in any Class on the first of the month following the death of the employee, no payments will be made hereunder. Once begun, payments will cease when there is no eligible survivor in any Class.
(1) For the eligible Class A survivor of a deceased employee, the amount of Transition Benefit shall be $600.00 effective January 1, 2005 except as provided in sub- section (a) (1) above reduced by any survivor's disability or retirement benefit under the Canada Pension Plan or any Old Age Security Benefits as now in effect, of as hereafter amended. Provided, however, that no such reduction hereunder shall reduce the monthly Transition Benefit below the sum of $525.00 effective January 1, 2005.
(2) For the eligible Class B or Class C survivor or survivors of a deceased employee, the amount of Transition Benefit shall be:
(i) $600.00 effective January 1, 2005, except as provided in sub-section (a)(1) above, in any month in which such survivor or survivors are not eligible for any survivors disability or retirement benefit under the Canada Pension Plan or any Old Age Security Benefit as now in effect or as hereafter amended, or;
(ii) $485.00 effective January 1, 2005, for any month for which such survivor or survivors are eligible for such statutory benefits, except that for months in which two or more survivors share a Transition Benefit immediately following the death of the employee, each survivor's share is computed as a fraction of the Transition Benefit that would be paid to them as a sole survivor, according to their own eligibility for the statutory benefit.
