Common use of TERMINAL LEAVE BENEFITS Clause in Contracts

TERMINAL LEAVE BENEFITS. 24.1 Upon the death of an employee, all accrued and unused overtime, vacation leave, and other terminal leave benefits (other than life insurance proceeds for which a beneficiary has been designated) shall be paid within forty-five (45) days. 24.2 Payment of the terminal leave benefits provided for in Section 24.1 shall be made as follows: A. The benefits will be paid as set forth on a form provided by the Employer; B. If the employee has not provided for distribution of the benefits on the form provided, the benefits will be paid to the employee's surviving spouse. A surviving spouse may elect to receive a lump sum payment of the leave balance or may elect other options available under applicable ordinance. C. In the event the employee leaves no surviving spouse, the benefits will be paid to the employee's children in equal shares, payable as follows: (1) To each of the employee's children over the age of 18 who are known to the Employer; (2) To the legal guardian or representative of each of the employee's children under the age of 18 who are known to the Employer. D. If the employee has no children known to the Employer, the benefits will be paid to the surviving parent(s) of the employee, in equal shares. E. If the employee has no surviving parents known to the Employer, the benefits will be paid to the employee's estate.

TERMINAL LEAVE BENEFITS. 24.1 Upon the death of an employee, all accrued and unused overtime, vacation leave, and other terminal leave benefits (other than life insurance proceeds for which a beneficiary has been designated,) shall be paid within forty-five (45) days. 24.2 Payment of the terminal leave benefits provided for in Section 24.1 shall be made as follows: A. The benefits will be paid as set forth on a form provided by the Employer; B. If the employee has not provided for distribution of the benefits on the form provided, the benefits will be paid to the employee's surviving spouse. A surviving spouse may elect to receive a lump sum payment of the leave balance or may elect other options available under applicable ordinance. C. In the event the employee leaves no surviving spouse, spouses the benefits will be paid to the employee's children in equal shares, payable as follows: (1) To each of the employee's children over the age of 18 who are known to the Employer; (2) To the legal guardian or representative of each of the employee's children under the age of 18 who are known to the Employer. D. If the employee has no children known to the Employer, the benefits will be paid to the surviving parent(s) of the employee, in equal shares.; E. If the employee has no surviving parents known to the Employer, the benefits will be paid to the employee's estate.

TERMINAL LEAVE BENEFITS. ‌ 24.1 Upon the death of an employee, all accrued and unused overtime, vacation leave, and other terminal leave benefits (other than life insurance proceeds for which a beneficiary has been designated) shall be paid within forty-five (45) days. 24.2 Payment of the terminal leave benefits provided for in Section 24.1 shall be made as follows: A. The benefits will be paid as set forth on a form provided by the Employer; B. If the employee has not provided for distribution of the benefits on the form provided, the benefits will be paid to the employee's surviving spouse. A surviving spouse may elect to receive a lump sum payment of the leave balance or may elect other options available under applicable ordinance. C. In the event the employee leaves no surviving spouse, the benefits will be paid to the employee's children in equal shares, payable as follows: (1) To each of the employee's children over the age of 18 who are known to the Employer; (2) To the legal guardian or representative of each of the employee's children under the age of 18 who are known to the Employer. D. If the employee has no children known to the Employer, the benefits will be paid to the surviving parent(s) of the employee, in equal shares. E. If the employee has no surviving parents known to the Employer, the benefits will be paid to the employee's estate.