Common use of Payment to Dependents on Death Clause in Contracts

Payment to Dependents on Death. Where an employee dies while in the College service the following amounts shall be paid to the employee’s beneficiary as designated under the Group Life Plan, if any, or in the absence of such beneficiary, to the employee’s estate: (1) if the employee has completed one (1) continuous year in the service of the College, one (1) month’s salary; (2) if the employee has completed two (2) continuous years in the service of the College, two (2) month’s salary; (3) if the employee has completed three (3) continuous years in the service of the College, three (3) month’s salary; (4) if the employee has completed four (4) continuous years in the service of the College, four (4) month’s salary; (5) if the employee has completed five (5) continuous years in the service of the College; five (5) month’s salary; (6) if the employee has completed six (6) or more continuous years in the service of the College, six (6) month’s salary. It is understood that this benefit is not payable in addition to that provided in Section 53 of the Public Service Act.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Payment to Dependents on Death. Where an employee dies while in the College service the following amounts shall be paid to the employee’s 's beneficiary as designated under the Group Life Plan, if any, or in the absence of such beneficiary, to the employee’s 's estate: (1) if the employee has completed one (1) continuous year in the service of the College, one (1) month’s 's salary; (2) if the employee has completed two (2) continuous years two month's salary; in the service of the College, two (2) month’s salary;, (3) if the employee has completed three (3) continuous years in the service of the College, three (3) month’s 's salary; (4) if the employee has completed four (4) continuous years in the service of the College, four (4) month’s 's salary; (5) if the employee has completed five (5) continuous years in the service of the College; five (5) month’s 's salary; (6) if the employee has completed six (6) or more continuous years in the service of the College, six (6) month’s 's salary. It is understood that this benefit is not payable payab e in addition to that provided in Section 53 of the Public Service Act.

Appears in 1 contract

Samples: Collective Agreement

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Payment to Dependents on Death. Where an employee dies while in the College service the following amounts shall be paid to the employee’s 's beneficiary as designated under the Group Life Plan, if any, or in the absence of such beneficiary, to the employee’s 's estate: (1) if the employee has completed one (1) continuous year in the service of the College, one (1) month’s 's salary; (2) if the employee has completed two (2) continuous years in the service of the College, two (2) month’s 's salary; (3) if the employee has completed three (3) continuous years in the service of the College, three (3) month’s 's salary; (4) if the employee has completed four (4) continuous years in the service of the College, four (4) month’s 's salary; (5) if the employee has completed five (5) continuous years in the service of the College; five (5) month’s 's salary; (6) if the employee has completed six (6) or more continuous years in the service of the College, six (6) month’s 's salary. It is understood that this benefit is not payable in addition to that provided in Section 53 of the Public Service Act.

Appears in 1 contract

Samples: Collective Agreement

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