Surviving Spouse’s pension. In the event a Pilot dies before pension commences but after having completed at least 15 years of qualifying service, the benefits payable to the surviving spouse, if any, shall be the greater of the death benefits payable from the Air Canada Pension Plan – Pilots and an annual lifetime pension equal to 50% of the accrued pension calculated as per Art 17.01.03 above.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Agreement, Collective Bargaining Agreement
Surviving Spouse’s pension. In the event a Pilot dies before pension commences but after having completed at least 15 years of qualifying service, the benefits payable to the surviving spouse, if any, shall be the greater of the death benefits payable from the Air Canada Pension Plan – Pilots and an annual lifetime pension equal to 50% of the accrued pension calculated as per Art 17.01.03 A17.01.03 above.. Effective on each adjustment date, the monthly instalment payable as of December 1st immediately preceding such adjustment date, to any pensioner and to any surviving spouse, including the supplementary pension, shall be increased:
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
