Common use of Pre-Retirement Death Benefits Clause in Contracts

Pre-Retirement Death Benefits. If Employee dies (i) while actively employed by Employer on a full-time basis and prior to the commencement of Normal Retirement Benefits or (ii) after satisfying the requirements of a Disability Retirement but prior to the commencement of Disability Retirement Benefits, the Pre-Retirement Death Benefit will be paid in a single lump sum within sixty (60) days following Employee’s death.

Appears in 6 contracts

Samples: Supplemental Retirement Plan (York Water Co), Supplemental Executive Retirement Plan (York Water Co), Supplemental Retirement Plan (York Water Co)

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Pre-Retirement Death Benefits. If Employee dies (i) while actively employed by Employer on a full-time basis and prior to the commencement of Normal Retirement Benefits or (ii) after satisfying the requirements of a Disability Retirement but prior to the commencement of Disability Retirement Benefits, the Pre-Retirement Death Benefit will be paid in a single lump sum within sixty (60) days following Employee’s 's death.

Appears in 1 contract

Samples: Supplemental Retirement Plan (York Water Co)

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