Pre-Retirement Survivor Benefits. Under the pension plans, a pre- retirement survivor benefit is payable to the spouse of a deceased employee. The survivor benefit has been expanded to include domestic partners and/or qualified dependents of employees. a qualified dependent. A qualified dependent is one or more individuals who, at the time of the employee’s death, meet the definition for a dependent as defined by the Plan. The amount of the monthly benefit will be based on the employee’s accrued benefit as of the date of death and will be determined as if the employee had retired on the day before death, and had elected the guaranteed years of payment method for 120 months with the qualified dependent as beneficiary. If a spouse or domestic partner and a qualified dependent survive the employee, the spouse or domestic partner will receive the survivor benefit. If the employee is survived by a spouse or domestic partner and a qualified dependent and the employee’s surviving spouse or domestic partner dies before the 10th anniversary of the employee’s death, the qualified dependent will receive a monthly benefit effective the month following the spouse or domestic partner’s death and ending on the 10th anniversary of the employee’s death.
Pre-Retirement Survivor Benefits. Under the pension plans, a pre- retirement survivor benefit is payable to the spouse of a deceased employee. The survivor benefit will be expanded to include domestic partners and/or qualified dependents of employees.
Pre-Retirement Survivor Benefits. Under the pension plans, a pre- retirement survivor benefit is payable to the spouse of a deceased employee. The survivor benefit will be expanded to include domestic partners and/or qualified dependents of employees. the Plan. The amount of the monthly benefit will be based on the employee’s accrued benefit as of the date of death and will be determined as if the employee had retired on the day before death, and had elected the Guaranteed Years of Payment method for 120 months with the qualified dependent as beneficiary. If a spouse or domestic partner and a qualified dependent survive the employee, the spouse or domestic partner will receive the survivor benefit. If the employee is survived by a spouse or domestic partner and a qualified dependent and the employee’s surviving spouse or domestic partner dies before the tenth anniversary of the employee’s death, the qualified dependent will receive a monthly benefit effective the month following spouse or domestic partner’s death and ending on the tenth anniversary of the employee’s death.
Pre-Retirement Survivor Benefits. Provided that a Participant’s participation in the Plan has not been terminated and Participant has not been paid any retirement benefits under his Deferred Compensation Agreement, then, upon Participant’s death, Participant’s Beneficiary (or Secondary Beneficiary, as the case may be) shall be entitled to receive the pre-retirement survivor benefits specified in the Participant’s Deferred Compensation Agreement. This amount shall be payable by the Corporation in fifteen (15) equal annual payments. The first payment shall be made as of the first day of the second month following the Participant’s death and subsequent payments shall be made on the same day of each subsequent year.
Pre-Retirement Survivor Benefits. If a Participant dies before he is sixty-five (65) years old, while he is still an Employee and before his participation has been terminated, the Participant’s Beneficiary shall be entitled to receive the pre-retirement survivor benefits specified in the Participant’s Election Form. If a Participant is entitled to retirement benefits as a result of a change in control and termination of employment as described in Section 6.03 of this Plan and payments have not yet commenced to the Participant as of the date of his death, his Beneficiary shall nevertheless be entitled to receive the pre-retirement survivor benefits specified in the Participant’s Election Form. The first payment shall be made as of the first day of the second month following the Participant’s death and subsequent payments shall be made on the same day of each subsequent year.
Pre-Retirement Survivor Benefits. Under the pension plans, a pre-retirement survivor benefit is payable to the spouse of a deceased employee. The survivor benefit will behas been expanded to include domestic partners and/or qualified dependents of employees. If a spouse or domestic partner and a qualified dependent survive the employee, the spouse or domestic partner will receive the survivor benefit. If the employee is survived by a spouse or domestic partner and a qualified dependent and the employee’s surviving spouse or domestic partner dies before the tenth anniversary of the employee’s death, the qualified dependent will receive a monthly benefit effective the month following spouse or domestic partner’s death and ending on the tenth anniversary of the employee’s death.
Pre-Retirement Survivor Benefits. Under the pension plans, a pre-retirement survivor benefit is payable to the spouse of a deceased employee. The survivor benefit will be expanded to include domestic partners and/or qualified dependents of employees. domestiC partner benefits under the pension plan. Under the pension plans, a survivor benefit will be payable to an employee’s designated domestic partner upon the employee’s death, provided that an affidavit certifying the partnership has been completed by the domestic partner and employee. This is not applicable to Xxxx-Xxxxxxx plans. non-spouse survivor Qualified The amount of the monthly benefit will be based on the employee’s accrued benefit as of the date of death and will be determined as if the employee had retired on the day before death, and had elected the Guaranteed Years of Payment method for 120 months with the qualified dependent as beneficiary. If a spouse or domestic partner and a quali- fied dependent survive the employee, the spouse or domestic partner will receive the survivor benefit. If the employee is survived by a spouse or domestic partner and a qualified dependent and the employee’s surviving spouse or domestic partner dies before the tenth anniversary of the employee’s death, the qualified dependent will receive a monthly benefit effective the month following spouse or domestic partner’s death and ending on the tenth anniversary of the employee’s death.
Pre-Retirement Survivor Benefits. (a) A Pre-Retirement Survivor Benefit shall be paid to the Executive’s Beneficiary in accordance with this Section 5 in the event of the Executive’s death prior to the commencement of his Full or Vested Retirement Benefit and after the Executive has completed at least one (1) year of Service. The Pre-Retirement Survivor Benefit shall be paid to the Executive’s Beneficiary in a single sum on the first day of the month following the Executive’s date of death.
(b) The Pre-Retirement Survivor Benefit shall be calculated as follows:
(1) Determine the Executive’s Full Retirement Benefit or Vested Retirement Benefit, whichever applies based upon the Executive’s years of Service at the time of his death and as if the Executive had survived to age 62; and
(2) Multiply the result by the appropriate early percentage as indicated below: 62 or older 50 % 61 47 % 60 44 % 59 41 % 58 38 % 57 35 % 56 32 % 55 29 % 54 and prior 25 %
Pre-Retirement Survivor Benefits. (a) A Pre-Retirement Survivor Benefit shall be paid to the Executive’s Beneficiary in accordance with this Paragraph 5 in the event of the Executive’s death prior to the commencement of his Full or Vested Retirement Benefit and after the Executive has completed at least one (1) year of Service. The Pre-Retirement Survivor Benefit shall be paid to the Executive’s Beneficiary in a single sum on the first day of the month following the Executive’s date of death.
(b) The Pre-Retirement Survivor Benefit shall be calculated as follows:
(1) Determine the Executive’s Full Retirement Benefit or Vested Retirement Benefit, whichever applies based upon the Executive’s years of Service at the time of his death and as if the Executive had survived to age 62; and
(2) Multiply the result by the appropriate early percentage as indicated below:
Pre-Retirement Survivor Benefits. (a) A Pre-Retirement Survivor Benefit shall be paid in accordance with this Section 6(a) in the event of Officer’s death while employed by G-P and its Affiliates and after the completion of at least one (l) year of Service. The Pre-Retirement Survivor Benefit shall be payable to the Surviving Spouse and shall be paid in the form of a Single Life Annuity commencing on the first day of the month following the Officer’s date of death. The monthly Pre-Retirement Survivor Benefit payable to Officer’s Surviving Spouse shall be calculated as follows:
(1) Determine the monthly amount under Paragraph 2(c)(1);
(2) Subtract the Annuity Equivalent of any Company-provided Benefits payable to or on behalf of Officer under the G-P Retirement Plans.
(3) Multiply the result by the appropriate early commencement percentage as indicated below: Age of Officer At Death Percentage
(b) A Pre-Retirement Survivor Benefit shall be paid in accordance with this Section 6(b) in the event of Officer’s death after termination of employment with G-P and its Affiliates after having met the eligibility requirements for a Vested Retirement Benefit but before commencement of such benefit.
(i) If Officer has not made an effective election under Paragraph 8 at the time of Officer’s death, the Pre-Retirement Survivor Benefit shall be payable to the Surviving Spouse and shall be paid in the form of a Single Life Annuity commencing on the first day of the month following the Officer’s date of death. The monthly Pre-Retirement Survivor Benefit payable to Officer’s Surviving Spouse shall be calculated as follows:
(1) Determine the monthly amount under Paragraph 2(c)(1);
(2) Subtract the Annuity Equivalent of any Company-provided Benefits payable to or on behalf of Officer under the G-P Retirement Plans.
(3) Multiply the result by the appropriate early commencement percentage as indicated below: Age of Officer At Death Percentage
(ii) If Officer has made an effective election under Paragraph 8 at the time of Officer’s death, the Pre-Retirement Survivor Benefit shall be payable to Officer’s Beneficiary in the form and to the extent contemplated in the applicable election, determined as follows: (i) calculate the Vested Retirement Benefit the Officer would have received in the elected form at age sixty-two (62); (ii) if Officer died prior to attaining age sixty-two (62), reduce the result in clause (i) by multiplying it by the appropriate early commencement percentage specified below: Age of Officer D...
