Spousal Benefit. Effective July 1, 2000 the survivor benefit maximum shall be increased from 64% to 66 2/3rds. This improvement will apply to members whose pensions commence on or after July 1, 2000 and also to pensioners and surviving spouses in receipt of pensions.
Spousal Benefit. A spouse will be paid 75% of the retiree's pension without cost (following retiree death).
Spousal Benefit. For the purpose of this Article, spouse or domestic partner shall be defined as the legal spouse of a Bargaining Unit employee. The spouse of an employee shall not be eligible for fee payment benefits until the employee has completed one (1) continuous year of University employment.
Spousal Benefit. An optional benefit described in Section 5 of this Rider.]
Spousal Benefit. The City of Port Colborne will pay the benefits of a spouse, in the event of a Firefighter’s death up to the time they are remarried or can receive a comparable benefit program through their own employment or from another common-law relationship. This benefit will cease upon retirement age of 65. An annual questionnaire will be completed by the spouse to report benefits or changes in status. The benefits are provided as per Section 9.02 to Section 9.06 of this agreement with premiums to be paid by the Corporation on the Firefighter’s death whether eligible for compensations by the WSIB or not. Continuation of benefits are provided to the spouse and dependents who have, prior to the death of the firefighter, been admitted to the benefit plan. This would include any child born within 9 months. The dependent children will be covered for benefits as provided by the current carrier.
Spousal Benefit. Effective July 1, 2001 spousal survivor benefit maximum shall be increased from 64% to 66 2/3%. This improvement will apply to members whose pensions commence on or after July 1, 2001 and also to pensioners and surviving spouses in respect of pensions paid or payable on or after June 30, 2001. Post Retirement benefits: when there are dependent children at the time of death: increase the survivor benefits to provide 33 1/3% benefit to eligible dependent children under the age of 18 (split among them if more than one) in addition to the 66 2/3% to the spouse such that the total amount is equal to 100% of the employees pension.
Spousal Benefit. Printpack shall pay to Employee's spouse an amount equal to fifty percent (50%) of Employee's total cash compensation during Printpack's most recent fiscal year ending prior to the date of Employee's death. Such benefit will be paid as long as Employee's spouse may live.
Spousal Benefit. If Executive’s wife survives him, the Bank shall pay an amount equal to eighty percent (80%) of Executive’s early retirement benefit determined in Section 2.2.1 and 2.2.2 to Executive’s wife for the remainder of her life.
Spousal Benefit. If the Spouse is the Participant’s [sole] beneficiary under the Plan on the date the Participant’s Guaranteed Withdrawal Lock-In Date is elected, as part of that election an] [irrevocable election may also be made to have the [Annual Guaranteed Withdrawal Amount] continue to be available after the Participant’s death as Guaranteed Withdrawals during the life of the Spouse. The [Annual Guaranteed Withdrawal Amount] will not be available after the Participant’s death if, on the date of the Participant’s death:
a. the Spouse on the date of such election has died;
b. the Participant and Spouse on the date of such election are no longer legally married; or
c. the Spouse is not the Participant’s beneficiary under the Plan. The election under this Section 5.1 may not be made prior to the date both the Participant and the Spouse have attained age [55] . Upon the Eligible Spouse’s death, any [Annual Guaranteed Withdrawal Amount] will cease to be available and any Guaranteed Withdrawal Market Value shall be payable pursuant to Section 6.1 of this Rider. Any amounts remaining in the Plan following the death of the Participant must be distributed in accordance with the terms of the Plan and the Code. Where the Spouse is the Participant’s civil union partner or spouse in a same-sex marriage, provisions of the Code or the Plan may prevent the Spouse from remaining in the Plan or may limit the form and timing of distributions from the Plan. This may prevent or limit such Spouse’s ability to receive the Spousal Benefit under this Rider.
Spousal Benefit. Any full-time certificated/licensed employee who chooses not to enroll in the hospitalization-surgical program provided by the Board due to duplication of coverage with his/her spouse’s family plan, (either acquired inside or outside the school system) shall be entitled to immediate family coverage enrollment in the provided plan upon his/her request, subject to the spousal exclusion and other applicable sections of the agreement. This benefit shall include any employee affected by the 270-day pregnancy clause if his/her spouse was enrolled in the family plan up to the day of the requested transfer of enrollment. Such employee shall suffer no loss of benefits through the implementation of this option.
