SURVIVOR’S PENSION Sample Clauses

SURVIVOR’S PENSION. Should a member die as a direct result of injuries received or of illness contracted in the performance of their duties, the Board shall award pecuniary aid to the member's spouse or dependant children in an amount which will make up the difference between payments being made by the Worker's Compensation Board, the Canada Pension Plan and the Ontario Municipal Employees Retirement System Pension Plan to the spouse on behalf of themself and children and the salary being paid to the member at the date of their death. The Board agrees that the award shall be adjusted, as required, to reflect the salary rate that would have been paid to the member had they remained a member of the Service at the rank or constable classification held on the date of the death.
Sample 1
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SURVIVOR’S PENSION. (1) Where a Member is killed or dies as a direct result of injuries received in the performance of their duties as a Civilian Member, leaving a spouse and/or any dependent child or children, the Board shall pay to such spouse and/or dependent child or children, as the case may be, the benefits specified in Article 16 of this Agreement (2) The benefits provided for in Section (1) shall continue until the spouse remarries and in the case of dependent children until they cease to be dependent. If the spouse is working and has welfare benefits provided for at work, the Board will supply only those benefits not provided for, by the spouse's employer. (3) If one or more of a deceased Member's dependent children is or are below the age of majority or otherwise under legal disability, the Board may in its discretion, pay the benefits herein provided for either to the guardian or other legal representative of such child or children.
Sample 1
SURVIVOR’S PENSION. In the event that a civilian member of the Belleville Police Association is killed while engaged in the course of their duties the same benefits provided to a uniform member under the “killed in the line of duty” will apply. For this article to apply to a civilian member the cause of death must be clearly caused by an overt and deliberate criminal act committed by another person.
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SURVIVOR’S PENSION. The parties, in signing this document, agree to the provision of benefits as stated, in the event a current member of the service is killed in the line of duty.
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SURVIVOR’S PENSION. (1) Where a Member is killed or dies as a direct result of injuries received in the performance of their duties as a Police Officer, leaving a spouse and/or any dependent child or children, the Board shall pay to such spouse and/or dependent child or children, as the case may be, the benefits specified in Article 19 of this Agreement. In no event shall such benefits continue beyond the date at which the Member would have reached sixty-five (65) years of age. (2) The benefits provided for in Section (1) shall continue until the spouse remarries and in the case of dependent children until they cease to be dependent. If the spouse is working and has welfare benefits provided for at work, the Board will supply only those benefits not provided for, by the spouse's employer. (3) If one or more of a deceased Member's dependent children is or are below the age of majority or otherwise under legal disability, the Board may in its discretion, pay the benefits herein provided for either to the guardian or other legal representative of such child or children.
Sample 1
SURVIVOR’S PENSION. The Board and the Association have agreed to meet within 60 days of the signing of this agreement to finalize a plan for benefits and assistance which would be provided to a member’s surviving family in the most unfortunate situation should a member be killed in the line of duty.
Sample 1
SURVIVOR’S PENSION. Should a member die as a direct result of injuries received or of illness contracted in the performance of their duties, the Board shall award pecuniary aid to the member's spouse or dependent children in an amount which will make up the difference between payments being made by the Worker's Compensation Board, the Canada Pension Plan and the Ontario Municipal Employees Retirement System Pension Plan to the spouse/common law spouse on behalf of themselves and children and the salary being paid to the member at the date of their death.
Sample 1
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Related to SURVIVOR’S PENSION

  • Survivors Benefits Benefits for the surviving family members of individuals who have died from COVID–19, including cash assistance to widows, widowers, or dependents of individuals who died of COVID–19.

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • 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.

  • 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.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • Life Annuity In addition to the rules imposed by the Act, a life annuity purchased with the property of the Plan must comply with Pension Legislation and must be established for the Annuitant’s life. However, if the Annuitant has a Spouse on the date payments under the life annuity begin, the life annuity must be established for the lives jointly of the Annuitant and the Annuitant’s Spouse, unless the Spouse has provided a waiver in the form and manner required by Pension Legislation. Where the surviving Spouse is entitled to payments under the life annuity after the Annuitant’s death, those payments must be at least 60 percent of the amount to which the Annuitant was entitled prior to the Annuitant’s death. The life annuity may not differentiate based on gender except to the extent permitted by Pension Legislation.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Early Retirement Benefit Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree. 2. A surviving eligible retiree who qualifies for a monthly retirement allowance who was married to a retiree who was also eligible for a Grant shall receive the survivor benefit described in D.1., above, or his or her own Grant, whichever is greater. Such retiree shall not be eligible for both Grants.

  • Pre-Retirement Death Benefit (a) Normal form of payment. If (i) the Director dies while employed by the Bank, and (ii) the Director has not made a Timely Election to receive a lump sum benefit, this Subsection 4.1(a) shall be controlling with respect to pre-retirement death benefits. The balance of the Director=s Retirement Income Trust Fund, measured as of the later of (i) the Director=s death, or (ii) the date any final lump sum Contribution is made pursuant to Subsection 2.1(b), shall be annuitized (using the Interest Factor) into monthly installments and shall be payable for the Payout Period. Such benefits shall commence within thirty (30) days of the date the Administrator receives notice of the Director=s death. Should Retirement Income Trust Fund assets actually earn a rate of return, following the date such balance is annuitized, which is less than the rate of return used to annuitize the Retirement Income Trust Fund, no additional contributions to the Retirement Income Trust Fund shall be required by the Bank in order to fund the final benefit payment(s) and make up for any shortage attributable to the less-than-expected rate of return. Should Retirement Income Trust Fund assets actually earn a rate of return, following the date such balance is annuitized, which is greater than the rate of return used to annuitize the Retirement Income Trust Fund, the final benefit payment to the Director=s Beneficiary shall distribute the excess amounts attributable to the greater-than-expected rate of return. The Director=s Beneficiary may request to receive the unpaid balance of the Director=s Retirement Income Trust Fund in a lump sum payment. If a lump sum payment is requested by the Beneficiary, payment of the balance of the Retirement Income Trust Fund in such lump sum form shall be made only if the Director=s Beneficiary notifies both the Administrator and trustee in writing of such election within ninety (90) days of the Director=s death. Such lump sum payment shall be made within thirty (30) days of such notice. The Director=s Accrued Benefit Account (if applicable), measured as of the later of (i) the Director's death or (ii) the date any final lump sum Phantom Contribution is recorded in the Accrued Benefit Account pursuant to Subsection 2.1(c), shall be annuitized (using the Interest Factor) into monthly installments and shall be payable to the Director's Beneficiary for the Payout Period. Such benefit payments shall commence within thirty (30) days of the date the Administrator receives notice of the Director=s death, or if later, within thirty (30) days after any final lump sum Phantom Contribution is recorded in the Accrued Benefit Account in accordance with Subsection 2.1(c).

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