Common use of Payments in the Event Disability Occurs Prior to Retirement Clause in Contracts

Payments in the Event Disability Occurs Prior to Retirement. In the event Employee becomes Disabled at any time after the Effective Date of this Agreement but prior to Retirement, the Employee shall be entitled to be paid the Accrued Liability Balance as specified in subparagraph 1.15 in sixty substantially equal monthly installments on the first day of each month, beginning with the month following the month in which the Employee becomes Disabled.

Payments in the Event Disability Occurs Prior to Retirement. In the event the Employee becomes Disabled at any time after the Effective Date of this Agreement but prior to Retirement, the Employee shall be entitled to be paid the The Accrued Liability Balance as specified in subparagraph Section 1.15 in sixty (60) substantially equal monthly installments on the first day of each month, beginning with the month following the month in which the Employee becomes Disabled.