Common use of Years Clause in Contracts

Years. This option provides payments for the entire lifetime of the retired member and guarantees that, should the member die after his pension has commenced but before he/she has received one hundred and eighty (180) monthly payments thereof, the payments shall be continued to his Beneficiary until one hundred and eighty (180) monthly payments in all shall have been made. If the Beneficiary is the retired member's estate, any remaining guaranteed monthly payments shall be commuted and paid in a lump sum to the estate.

Years. This option provides payments for the entire lifetime of the retired member participant and guarantees that, should the member Member die after his pension has commenced but before he/she has received one hundred and eighty twenty (180120) monthly payments thereof, the payments shall be continued to his Beneficiary until one hundred and eighty twenty (180120) monthly payments in all shall have been made. If the Beneficiary is the retired memberMember's estate, any remaining guaranteed monthly payments shall be commuted and paid in a lump sum to the estate.

Years. This option provides payments for the entire lifetime of the retired member and guarantees that, should the member die after his pension has commenced but before he/she has received one hundred and eighty sixty (18060) monthly payments thereof, the payments shall be continued to his Beneficiary until one hundred and eighty sixty (18060) monthly payments in all shall have been made. If the Beneficiary is the retired member's estate, any remaining guaranteed monthly payments shall be commuted and paid in a lump sum to the estate.

Years. This option provides payments for the entire lifetime of the retired member and guarantees that, should the member die after his pension has commenced but before he/she has received one hundred and eighty (1801SO) monthly payments thereof, the payments shall be continued to his Beneficiary until one hundred and eighty (180) monthly payments in all shall have been made. If the Beneficiary is the retired member's estate, any remaining guaranteed monthly payments shall be commuted and paid in a lump sum to the estate.

Years. This option provides payments for the entire lifetime of the retired member participant and guarantees that, should the member Member die after his pension has commenced but before he/she has received one hundred and eighty twenty (180120) monthly payments thereof, the payments shall be continued to his Beneficiary until one hundred and eighty twenty (180120) monthly payments in all shall have been made. If the Beneficiary is the retired memberMember's estate, any remaining guaranteed monthly payments shall be commuted and paid in a lump sum to the estate.