Spouse Benefit Sample Clauses

Spouse Benefit. The "Spouse Benefit" shall refer to that benefit as described in the booklet, "Survivor Income Benefits, Town of Newington Police," which had accompanied the former Survivor Income Benefit Insurance group coverage #0385808-02 as issued by the Connecticut General Life Insurance Company.
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Spouse Benefit. Section 01. A spouse or dependent child providing there is no spouse, of any member who is killed in the performance of his duties, shall receive the biweekly wages and medical benefits of the member. This benefit shall be paid for a period of one (1) year from the date of the fatality, unless the spouse remarries, or the eligible dependent marries or reaches the age of majority (18) at which time the benefits are stopped.
Spouse Benefit. If We have accepted a claim for Accidental Death in accordance with Section I.A.1 in respect of an Insured Person, then in addition to any amount payable under that Section, We will pay the amount as specified against this benefit in the Policy Schedule, in respect of the widowed Spouse of the Insured Person, irrespective of whether the Spouse is an Insured Person under this Policy.
Spouse Benefit. If you become eligible for a supplemental retirement benefit but you die before the supplemental retirement benefit is paid or starts to be paid to you, and you are survived by a spouse, that spouse will be entitled to a monthly benefit payable in the form of a single life annuity equal to the difference between the "qualified preretirement survivor annuity" (as defined in section 417(c)) that would have been paid under the Grandfathered Formula under the PEP if your benefit were as calculated under this Agreement, and the actual qualified preretirement survivor annuity payable under the MBP and under the Grandfathered Formula under the PEP. No survivor benefits are payable with respect to the supplemental retirement benefit other than as provided above.

Related to Spouse Benefit

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

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