Common use of Survivor Income Benefits Clause in Contracts

Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee dies while insured for Survivor Income Benefits, leaving one or more Survivors, as defined below, the Insurer shall begin payment of not more than 24 Monthly Survivor Income Benefits ("Transition Survivor Income Benefits"), provided at least one of such Survivors is living on the first day of the month following the employee's death and then qualifies as his/her Survivor, and provided that no waiver of benefits is in force. The amount of the monthly Transition Survivor Income Benefit payable to the eligible Class A, Class B, or Class C survivors of employees shall be $875.00 per month, except that for any month in which an eligible Class A survivor has a dependent child as defined in subsection (a)(2) herein and for any month in which an eligible Class B survivor has no parent surviving, the amount of the transition survivor income benefit shall be $950.00 per month. For the months in which two or more eligible Class B or Class C survivors share a Benefit, each survivor's share is computed as a fraction of the Benefit that would be paid to him/her as a sole survivor, according to his/her own eligibility for statutory benefits. The first such Benefit is payable on the first day of the month following the employee's death. Thereafter, a Monthly Survivor Income Benefit is payable on the first day in each of the next 23 months, but if on the first day of any month after the employee's death no person then living qualifies as his/her Survivor, no such Benefit is payable for that month or any subsequent month. Survivors are classified and defined as follows:

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee dies while insured for Survivor Income Benefits, leaving one or more Survivors, as defined below, the Insurer shall begin payment of not more than 24 Monthly monthly Survivor Income Benefits ("Transition Survivor Income Benefits"), provided at least one of such Survivors is living on the first day of the month following the employee's death and then qualifies as his/her Survivor, Survivor and provided that no waiver of benefits is in force. The Effective July 1, 2010, the amount of the monthly Transition Survivor Income Benefit payable to the eligible Class A, Class B, B or Class C survivors of employees shall be $825.00 per month for any such benefit payable for months commencing on or after July 1, 2010 but before October 1, 2010 and $875.00 per monthmonth for any such benefit payable for months commencing on or after October 1, 2010, except that for any month in which an eligible Class A survivor has a dependent child as defined in subsection (a)(2) herein and for any month in which an eligible Class B survivor has no parent surviving, the amount of the transition survivor income benefit shall be $900.00 per month for any such months commencing on or after July 1, 2010 but before October 1, 2010 and $950.00 per monthmonth for any such benefit payable for months commencing on or after October 1, 2010. For the months in which two or more eligible Class B or Class C survivors share a Benefit, each survivor's share is computed as a fraction of the Benefit that would be paid to him/her as a sole survivor, according to his/her own eligibility for statutory benefits. The first such Benefit is payable on the first day of the month following the employee's death. Thereafter, a Monthly monthly Survivor Income Benefit is payable on the first day in each of the next 23 months, but if on the first day of any month after the employee's death no person then living qualifies as his/her Survivorsurvivor, no such Benefit benefit is payable for that month or any subsequent month. Survivors are classified and defined as follows:

Appears in 1 contract

Samples: Collective Bargaining Agreement

Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee dies while insured for Survivor Income Benefits, leaving one or more Survivors, as defined below, the Insurer shall begin payment of not more than 24 Monthly Survivor Income Benefits ("Transition Survivor Income Benefits"), provided at least one of such Survivors is living on the first day of the month following the employee's death and then qualifies as his/her Survivor, and provided that no waiver of benefits is in force. The amount of the monthly Transition Survivor Income Benefit payable to the eligible Class A, Class B, or Class C survivors of employees shall be $875.00 per month, month except that for any month in which an eligible Class A survivor has a dependent child as defined in subsection (a)(2) herein and for any month in which an eligible Class B survivor has no parent surviving, the amount of the transition survivor income benefit shall be $950.00 per month. For the months in which two or more eligible Class B or Class C survivors share a Benefit, each survivor's share is computed as a fraction of the Benefit that would be paid to him/her as a sole survivor, according to his/her own eligibility for statutory benefits. The first such Benefit is payable on the first day of the month following the employee's death. Thereafter, a Monthly Survivor Income Benefit is payable on the first day in each of the next 23 months, but if on the first day of any month after the employee's death no person then living qualifies as his/her Survivor, no such Benefit is payable for that month or any subsequent month. Survivors are classified and defined as follows:

Appears in 1 contract

Samples: Collective Bargaining Agreement

Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee dies while insured for Survivor Income Benefits, leaving one or more Survivors, as defined below, the Insurer shall begin payment of not more than 24 Monthly monthly Survivor Income Benefits ("Transition Survivor Income Benefits"), provided at least one of such Survivors is living on the first day of the month following the employee's death and then qualifies as his/her Survivor, Survivor and provided that no waiver of benefits is in force. The Effective October 1, 2002, the amount of the monthly Transition Survivor Income Benefit payable to the eligible Class A, Class B, B or Class C survivors of employees shall be $875.00 750.00 per monthmonth for any such benefit payable for months commencing on or after October 1, 2002 but before October 1, 2003 and $775.00 per month for any such benefit payable for months commencing on or after October 1, 2003, except that for any month in which an eligible Class A survivor has a dependent child as defined in subsection (a)(2) herein and for any month in which an eligible Class B survivor has no parent surviving, the amount of the transition survivor income benefit shall be $950.00 825.00 per monthmonth for any such months commencing on or after October 1, 2002 but before October 1, 2003 and $850.00 per month for any such benefit payable for months commencing on or after October 1, 2003. For the months in which two or more eligible Class B or Class C survivors share a Benefit, each survivor's share is computed as a fraction of the Benefit that would be paid to him/her as a sole survivor, according to his/her own eligibility for statutory benefits. The first such Benefit is payable on the first day of the month following the employee's death. Thereafter, a Monthly monthly Survivor Income Benefit is payable on the first day in each of the next 23 months, but if on the first day of any month after the employee's death no person then living qualifies as his/her Survivorsurvivor, no such Benefit benefit is payable for that month or any subsequent month. Survivors are classified and defined as follows:

Appears in 1 contract

Samples: Collective Bargaining Agreement

Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee Employee dies on or after the Effective Date while insured covered for Survivor Income Benefits, leaving one or more Survivors, as defined below, the Insurer shall begin payment of not more than 24 Monthly monthly Survivor Income Benefits ("Transition Survivor Income Benefits")) shall begin, provided at least one of such Survivors is living on the first day of the month following the employeeEmployee's death and then qualifies as his/her his Survivor, and provided that no waiver of benefits is in force. . (b) The amount of the monthly Transition Survivor Income Benefit payable to the eligible Class A, Class B, or Class C survivors of employees shall be six hundred dollars ($875.00 per month, except that 600) for any month in which an there is only one Survivor of the deceased Employee eligible Class A survivor has a dependent child as defined in subsection to receive such Benefit. This Benefit will be reduced by the amount payable to the surviving spouse under any automatic pre-retirement Qualified Joint and Survivor Benefit pursuant to Paragraph 8(b) of Article V of Part I - Pensions; provided, however, such reduction will not reduce the Transition Survivor Income Benefit below four hundred dollars (a)(2) herein and for $400). For any month in which an there are two or more Survivors of the deceased Employee eligible Class B survivor has no parent survivingfor a Transition Survivor Income Benefit, the amount of the transition survivor income benefit Benefit payable hereunder to each Survivor for such month shall be $950.00 per month. For the months in which two or more eligible Class B or Class C survivors share a Benefit, each survivor's share is computed as a fraction of the Benefit that would be paid to him/her him as a sole survivorSurvivor, according the numerator of such fraction being one (1) and the denominator of such fraction being a number equal to his/her own eligibility the total number of all Survivors who are eligible for statutory benefitsa Transition Survivor Income Benefit. No monthly Transition Survivor Income Benefit, however, shall be paid for any month to any Survivor who has attained age 62 or is eligible for an old-age, disability, widows' or widowers' unreduced benefit under the Federal Security Act as then in effect. (c) The first such Benefit is payable on the first day of the month following the employeeEmployee's death. Thereafter, a Monthly monthly Transition Survivor Income Benefit is payable on the first day in each of the next 23 months, but if on the first day of any month after the employeeEmployee's death no person then living qualifies as his/her his Survivor, no such Benefit is payable for that month or any subsequent month. . (d) Survivors are classified and defined as follows:

Appears in 1 contract

Samples: Pension and Insurance Agreement

Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee dies while insured for Survivor Income Benefitssurvivor income benefits, leaving one or more Survivorssurvivors, as defined below, the Insurer insurer shall begin payment of not more than 24 Monthly Survivor Income Benefits twenty-four (24) monthly survivor income benefits ("Transition Survivor Income Benefits"), provided at least one of such Survivors survivors is living on the first day of the month following the employee's death and then qualifies as his/her Survivorsurvivor, and provided that no waiver of benefits is in force. The Effective October 1, 2008, the amount of the monthly Transition Survivor Income Benefit payable to the eligible Class class A, Class B, class B or Class class C survivors of employees shall be $800.00 per month for any such benefit payable for months commencing on or after October 1, 2008 but before October 1, 2009 and $825.00 per month for any such benefit payable for months commencing on or after October 1, 2009, but before October 1, 2010 and $875.00 per monthmonth for any such benefit payable for months commencing on or after October 1, 2010, except that for any month in which an eligible Class class A survivor has a dependent child as defined in subsection (a)(2) herein and for any month in which an eligible Class class B survivor has no parent surviving, the amount of the transition survivor income benefit Transition Survivor Income Benefit shall be $875.00 per month for any such month commencing on or after October 1, 2008 but before October 1, 2009 and $900.00 per month for any such benefit payable for months commencing on or after October 1, 2009, but before October 1, 2010 and $950.00 per monthmonth for such benefit payable for months commencing on or after October 1, 2010. For the months in which two (2) or more eligible Class class B or Class class C survivors share a Benefitbenefit, each survivor's share is computed as a fraction of the Benefit benefit that would be paid to him/her as a sole survivor, according to his/her own eligibility for statutory benefits. The first such Benefit benefit is payable on the first day of the month following the employee's death. Thereafter, a Monthly Survivor Income Benefit monthly survivor income benefit is payable on the first day in each of the next 23 twenty-three (23) months, but if on the first day of any month after the employee's death no person then living qualifies as his/her Survivorsurvivor, no such Benefit benefit is payable for that month or any subsequent month. Survivors are classified and defined as follows:

Appears in 1 contract

Samples: Collective Bargaining Agreement

Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee dies while insured for Survivor Income Benefits, leaving one or more Survivorssurvivors, as defined below, the Insurer insurer shall begin payment of not more than 24 twenty-four (24) Monthly Survivor Income Benefits ("Transition Survivor Income Benefits"), provided at least one of such Survivors survivors is living on the first day of the month following the employee's death and then qualifies as his/her Survivorsurvivor, and provided that no waiver of benefits is in force. The Effective October 1, 2002, the amount of the monthly Transition Survivor Income Benefit payable to the eligible Class A, Class B, B or Class C survivors of employees shall be $875.00 750.00 per monthmonth for any such benefit payable for months commencing on or after October 1, 2002 but before October 1, 2003 and $775.00 per month for any such benefit payable for months commencing on or after October 1, 2003, except that for any month in which an eligible Class A survivor has a dependent child as defined in subsection (a)(2a) (2) herein and for any month in which an eligible Class B survivor has no parent surviving, the amount of the transition survivor income benefit Transition Survivor Income Benefit shall be $950.00 825.00 per monthmonth for any such month commencing on or after October 1, 2002 but before October 1, 2003 and $850.00 per month for any such benefit payable for months commencing on or after October 1, 2003. For the months in which two or more eligible Class class B or Class class C survivors share a Benefitbenefit, each survivor's share is computed as a fraction of the Benefit benefit that would be paid to him/her as a sole survivor, according to his/her own eligibility for statutory benefits. The first such Benefit benefit is payable on the first day of the month following the employee's death. Thereafter, a Monthly Survivor Income Benefit monthly survivor income benefit is payable on the first day in each of the next 23 twenty-three (23) months, but if on the first day of any month after the employee's death no person then living qualifies as his/her Survivorsurvivor, no such Benefit benefit is payable for that month or any subsequent month. Survivors are classified and defined as follows:

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee dies while insured for Survivor Income Benefits, leaving one or more Survivors, as defined below, the Insurer shall begin payment of not more than 24 Monthly Survivor Income Benefits ("Transition Survivor Income Benefits"), provided at least one of such Survivors is living on the first day of the month following the employee's death and then qualifies as his/her Survivor, and provided that no waiver of benefits is in force. The Effective December 1, 2009, the amount of the monthly Transition Survivor Income Benefit payable to the eligible Class A, Class B, or Class C survivors of employees shall be $825.00 per month for any such benefit payable for months commencing on or after December 1, 2009 but before October 1, 2010 and $875.00 per monthmonth for any such benefit payable for months commencing on or after October 1, 2010, except that for any month in which an eligible Class A survivor has a dependent child as defined in subsection (a)(2) herein and for any month in which an eligible Class B survivor has no parent surviving, the amount of the transition survivor income benefit shall be $900.00 per month for any such month commencing on or after December 1, 2009 but before October 1, 2010 and $950.00 per monthmonth for any such benefit payable for months commencing on or after October 1, 2010. For the months in which two or more eligible Class B or Class C survivors share a Benefit, each survivor's share is computed as a fraction of the Benefit that would be paid to him/her as a sole survivor, according to his/her own eligibility for statutory benefits. The first such Benefit is payable on the first day of the month following the employee's death. Thereafter, a Monthly Survivor Income Benefit is payable on the first day in each of the next 23 months, but if on the first day of any month after the employee's death no person then living qualifies as his/her Survivor, no such Benefit is payable for that month or any subsequent month. Survivors are classified and defined as follows:

Appears in 1 contract

Samples: Collective Bargaining Agreement

Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee Employee dies on or after the Effective Date while insured covered for Survivor Income Benefits, leaving one or more Survivors, as defined below, the Insurer shall begin payment of not more than 24 Monthly monthly Survivor Income Benefits ("Transition Survivor Income Benefits")) shall begin, provided at least one of such Survivors is living on the first day of the month following the employeeEmployee's death and then qualifies as his/her his Survivor, and provided that no waiver of benefits is in force. . (b) The amount of the monthly Transition Survivor Income Benefit payable to the eligible Class A, Class B, or Class C survivors of employees shall be seven hundred and fifty dollars ($875.00 per month, except that 750) for any month in which an there is only one Survivor of the deceased Employee eligible Class A survivor has a dependent child as defined in subsection to receive such Benefit. This Benefit will be reduced by the amount payable to the surviving spouse under any automatic pre-retirement Qualified Joint and Survivor Benefit pursuant to Paragraph 8(b) of Article V of Part I - Pensions; provided, however, such reduction will not reduce the Transition Survivor Income Benefit below five hundred dollars (a)(2) herein and for $500). For any month in which an there are two or more Survivors of the deceased Employee eligible Class B survivor has no parent survivingfor a Transition Survivor Income Benefit, the amount of the transition survivor income benefit Benefit payable hereunder to each Survivor for such month shall be $950.00 per month. For the months in which two or more eligible Class B or Class C survivors share a Benefit, each survivor's share is computed as a fraction of the Benefit that would be paid to him/her him as a sole survivorSurvivor, according the numerator of such fraction being one (1) and the denominator of such fraction being a number equal to his/her own eligibility the total number of all Survivors who are eligible for statutory benefitsa Transition Survivor Income Benefit. No monthly Transition Survivor Income Benefit, however, shall be paid for any month to any Survivor who has attained age 62 or is eligible for an old-age, disability, widows' or widowers' unreduced benefit under the Federal Security Act as then in effect. (c) The first such Benefit is payable on the first day of the month following the employeeEmployee's death. Thereafter, a Monthly monthly Transition Survivor Income Benefit is payable on the first day in each of the next 23 months, but if on the first day of any month after the employeeEmployee's death no person then living qualifies as his/her his Survivor, no such Benefit is payable for that month or any subsequent month. . (d) Survivors are classified and defined as follows:

Appears in 1 contract

Samples: Pension and Insurance Agreement

Survivor Income Benefits. (a) Transition Survivor Income Benefit If an employee dies while insured for Survivor Income Benefitssurvivor income benefits, leaving one or more Survivorssurvivors, as defined below, the Insurer insurer shall begin payment of not more than 24 Monthly Survivor Income Benefits twenty-four (24) monthly survivor income benefits ("Transition Survivor Income Benefits"), provided at least one of such Survivors survivors is living on the first day of the month following the employee's death and then qualifies as his/her Survivorsurvivor, and provided that no waiver of benefits is in force. The Effective October 1, 2008, the amount of the monthly Transition Survivor Income Benefit payable to the eligible Class class A, Class B, class B or Class class C survivors of employees shall be $800.00 per month for any such benefit payable for months commencing on or after October 1, 2008 but before October 1, 2009 and $825.00 per month for any such benefit payable for months commencing on or after October 1, 2009, but before October 1, 2010 and $875.00 per monthmonth for any such benefit payable for months commencing on or after October 1, 2010, except that for any month in which an eligible Class class A survivor has a dependent child as defined in subsection (a)(2) herein and for any month in which an eligible Class class B survivor has no parent surviving, the amount of the transition survivor income benefit Transition Survivor Income Benefit shall be $875.00 per month for any such month commencing on or after October 1, 2008 but before October 1, 2009 and $900.00 per month for any such benefit payable for months commencing on or after October 1, 2009, but before October 1, 2010 and $950.00 per month. month for For the months in which two or more eligible Class class B or Class class C survivors share a Benefitbenefit, each survivor's share is computed as a fraction of the Benefit benefit that would be paid to him/her as a sole survivor, according to his/her own eligibility for statutory benefits. The first such Benefit benefit is payable on the first day of the month following the employee's death. Thereafter, a Monthly Survivor Income Benefit monthly survivor income benefit is payable on the first day in each of the next 23 twenty-three (23) months, but if on the first day of any month after the employee's death no person then living qualifies as his/her Survivorsurvivor, no such Benefit benefit is payable for that month or any subsequent month. Survivors are classified and defined as follows:

Appears in 1 contract

Samples: Collective Bargaining Agreement

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