PAYMENT AT DEATH. Upon the death of the Annuitant prior to the Maturity Date, the payment at death will be made under any payment plan previously elected. If no payment plan has been elected, the payment at death will be made under a payment plan or in cash as elected by the Owner or beneficiary.
PAYMENT AT DEATH. The Company will make a payment to the beneficiary upon receipt at its Home Office of satisfactory proof of the death of the Annuitant before the Maturity Date. The payment at death will be the Accumulation Value of the contract determined on the effective date of the payment at death. The payment at death will be effective on the Valuation Date on which proof of death is received at the Home Office or, if later, the date on which a method of payment is elected. However, payment at death will be effective on the next following Valuation Date if the proof of death is received at the Home Office either: - on a Valuation Date after the close of trading on the New York Stock Exchange; or - on a day on which the New York Stock Exchange is closed. If the date of death is before the Annuitant's 65th birthday, the payment at death will not be less than: - total Purchase Payments paid under the contract; less - any amounts withdrawn under Section 4.5.
PAYMENT AT DEATH. 7.1 DEATH OF OWNER (including an Annuitant who is also an Owner)
PAYMENT AT DEATH. In the case of the death of any employee, the unused vacation leave and unpaid overtime to the credit of any such employee shall be paid to the deceased employee’s spouse, or to the estate of such employee.
PAYMENT AT DEATH. In case of death of an employee, such unused vacation 2 shall be paid in accordance with Section 2113.04 of the Revised Code, or to his/her 3 estate.
PAYMENT AT DEATH. When an employee dies while in paid status in the City service, any unused vacation and personal leave to his credit shall be paid in a lump sum in accordance with Ohio Revised Code, Section 2113.04.
PAYMENT AT DEATH. Upon death, the payment shall be made to the immediate next of kin as identified on the PSERS “Nomination of Beneficiary” form or the estate. The District will pay any amount due for unused sick days within 60 calendar days following the death of the employee.
PAYMENT AT DEATH. (a) Except as provided in sections 7.03(a) and 7.10, if a Participant or Former Participant dies before benefit payments have commenced, the Vested Percentage of the Participant's Account, including the proceeds of any life insurance Contracts allocated to the Participant's Account, will be paid in the form of a Preretirement Survivor Annuity unless an optional form of benefit described in section 7.06 is selected pursuant to a Qualified Election within the Qualified Preretirement Survivor Annuity Election Period. Furthermore, the Surviving Spouse may elect to have such Preretirement Survivor Annuity distributed within a reasonable period after the death of the Participant.
(b) Notwithstanding section 7.05
(a) the Participant's Beneficiary, including the Participant's Surviving Spouse, shall have the right to elect following the death of the Participant that the Vested Percentage of the Participant's Account be paid in an optional form of benefit as described in section 7.06.
PAYMENT AT DEATH. 8 7. WITHDRAWALS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 8.
PAYMENT AT DEATH. When a bargaining unit member dies, any unused compensatory time to his credit shall be paid to the surviving spouse or estate of the deceased member.
