Common use of Survivor Income Benefits Clause in Contracts

Survivor Income Benefits. 4.01 On the death of an insured employee, a monthly benefit will be payable to his/her spouse and/or children under age 18. This benefit will be payable until the later of: - (a) the date of death or, remarriage of the spouse, or (b) the date on which the youngest eligible child attains age 18. 4.02 The amount of the monthly benefit, subject to paragraph 4.04 of this Appendix, will be one-twelfth (1/12) of the greater of: - (a) $600.00, or (b) 20% of the employee's average annual basic earnings during the three (3) years immediately prior to the employee's death, or (c) 66-2/3% of the total annual Company Retirement Pension benefit which the employee has accrued to the date of the employee's death. 4.03 In the event of the remarriage of a surviving spouse with no eligible children under the age of 18, the benefit shall cease. In the event of the remarriage of a surviving spouse with eligible children under the age of 18, the benefit shall be reduced to 50% of the previous amount and be payable until the youngest surviving child attains age 18. 4.04 The maximum monthly benefit payable will be $700.00 per month. 4.05 This coverage shall terminate at the earliest of the following dates: - (a) the fifteenth (15th) day following the date of termination of employment with the Company; (b) the date of the employee's retirement or early retirement pension under the Company's Pension Plan; (c) the date on which the employee attains normal retirement age; (d) the date on which the employee ceases to have any eligible dependents; (e) the date of remarriage of a surviving spouse. 4.06 The insurance for an insured employee, who becomes totally disabled before normal retirement age, will be continued during the continuance of total disability until the employee recovers or attains normal retirement age. The insurer shall reserve the right to require the employee to submit to physical examination by physicians designated by it. Total disability means continuous disability which, during the first two (2) years of total disablement prevents an employee from performing any and every duty pertaining to the employee's own occupation and thereafter from engaging in any occupation for which the employee is fitted through education, training or experience. 4.07 The Company will continue to provide the following Welfare Benefits for survivors: - (a) Semi-private Hospital and Ambulance Expense Insurance; (b) Prescription Drug Expense Insurance;

Survivor Income Benefits. 4.01 On the death of an insured employee, a monthly benefit will be payable to his/her spouse and/or children under age 18. This benefit will be payable until the later of: - (a) the date of death or, remarriage of the spouse, or (b) the date on which the youngest eligible child attains age 18. 4.02 The amount of the monthly benefit, subject to paragraph 4.04 of this Appendix, will be one-twelfth (1/12) of the greater of: - (a) $600.00, or (b) 20% of the employee's average annual basic earnings during the three (3) years immediately prior to the employee's death, or (c) 66-2/3% of the total annual Company Retirement Pension benefit which the employee has accrued to the date of the employee's death. 4.03 In the event of the remarriage of a surviving spouse with no eligible children under the age of 18, the benefit shall cease. In the event of the remarriage of a surviving spouse with eligible children under the age of 18, the benefit shall be reduced to 50% of the previous amount and be payable until the youngest surviving child attains age 18. 4.04 The maximum monthly benefit payable will be $700.00 per month. 4.05 This coverage shall terminate at the earliest of the following dates: - (a) the fifteenth (15th) day following the date of termination of employment with the Company; (b) the date of the employee's retirement or early retirement pension under the Company's Pension Plan; (c) the date on which the employee attains normal retirement age; (d) the date on which the employee ceases to have any eligible dependents; (e) the date of remarriage of a surviving spouse. 4.06 The insurance for an insured employee, who becomes totally disabled before normal retirement age, will be continued during the continuance of total disability until the employee recovers or attains normal retirement age. The insurer shall reserve the right to require the employee to submit to physical examination by physicians designated by it. Total disability means continuous disability which, during the first two (2) years of total disablement prevents an employee from performing any and every duty pertaining to the employee's own occupation and thereafter from engaging in any occupation for which the employee is fitted through education, training or experience.or 4.07 The Company will continue to provide the following Welfare Benefits for survivors: - (a) Semi-private Hospital and Ambulance Expense Insurance; (b) Prescription Drug Expense Insurance;

Survivor Income Benefits. 4.01 On the death of an insured employee, a monthly benefit will be payable to his/her spouse and/or children under the age 18. This benefit will be payable until the later of: -: (ai) the The date of death or, remarriage of the spouse, or, (bii) the The date on which the youngest eligible child attains age 18. 4.02 The amount of the monthly benefit, subject to paragraph 4.04 of this AppendixArticle, will be one-twelfth (1/12) of the greater of: -: (ai) $600.00, or (bii) 20% of the employee's ’s average annual basic earnings during the three (3) years immediately prior to the employee's ’s death, or (ciii) 66-2/3% of the total annual Company Retirement Pension benefit benefits which the employee has accrued to the date of the employee's ’s death. 4.03 In the event of the remarriage of a surviving spouse with no eligible children under the age of 18, the benefit shall cease. In the event of the remarriage of a surviving spouse with eligible children under the age of 18, the benefit shall be reduced to 50% of the previous amount and be payable until the youngest surviving child attains age 18. 4.04 The maximum monthly benefit payable will be $700.00 per month. 4.05 This coverage shall terminate at the earliest of the following dates: -: (ai) the fifteenth (15th) day following the date of termination of employment with the Company; (bii) the date of the employee's ’s retirement or early retirement pension under the Company's ’s Pension Plan; (ciii) the date on which the employee attains normal retirement age; (div) the date on which the employee ceases to have any eligible dependents; (ev) the date of remarriage of a surviving spouse. 4.06 The insurance for an insured employee, who becomes totally disabled before normal retirement age, will be continued during the continuance of total disability until the employee recovers or attains normal retirement age. The insurer shall reserve the right to require the employee to submit to a physical examination by physicians designated by it. Total disability means continuous disability which, during the first two (2) years of total disablement prevents an employee from performing any and every duty pertaining to the employee's ’s own occupation and thereafter from engaging in any occupation for which the employee is fitted through education, training or experience. 4.07 The Company will continue to provide the following Welfare Benefits for survivors: -: (ai) Semi-private Hospital and Ambulance Expense Insurance; (bii) Prescription Drug Expense Insurance; (iii) Quebec Residents Supplemental Hospital and Medical Insurance; (iv) Dental Expense Insurance; (v) Ontario Health Insurance Plan