Life Insurance Upon Retirement. 34.1 An employee who retires from the service of the Corporation subsequent to August 1, 2001, will, provided he is 55 years of age or over and has not less than 10 years' cumulative compensated service, be entitled to the sum of $8,000.00, payable to his estate upon his death.
Life Insurance Upon Retirement. An employee who retires from the service with a Company pension at or after age 65 will be provided a $7,000.00 death benefit. If retirement on pension is earlier than age 65 and an employee's term life insurance is extended to age 65, the death benefit will be provided at age 65.
Life Insurance Upon Retirement. 32.1 An employee who retires from the service of the Company subsequent to January 1, 2001, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 life insurance policy, fully paid up by the Company. Effective January 1, 2003 an employee who retires from the service of the Company subsequent to January 1, 2003, will, provided s\he has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $7,000 life insurance policy, fully paid up by the Company.
Life Insurance Upon Retirement. (a) An employee who retires from the service of the Company subsequent to April 1, 2001, will, provided he/she is fifty-five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $6,000 death benefit, fully paid by the Company.
Life Insurance Upon Retirement. An employeewho retiresfrom the service with a company pension at or after age will be entitled to a life insurance policy fully paid up by the Company. If retirement on pension is earlier than age and an employee’s term life insurance is extended to age the paid up policy will be pro- vided at age ARTICLE
Life Insurance Upon Retirement. 36.1 Employees who retire from the service of the Company subsequent to January 1, 1991, will, provided they are fifty-five years of age or over and have not less than ten years' cumulative compensated service, be entitled, upon retirement, to a $5,000.00 life insurance policy, fully paid up by the Company.
Life Insurance Upon Retirement. An employee who retires from the service with a Company pension will be provided a death benefit. If retirement or pension is earlier than age and an employee's term life insurance is extended to age the death benefit will be provided at age Continuation of Benefits on Retirement Effective April Health and Welfare benefits applicable to active employees will continue until age for employees:
Life Insurance Upon Retirement. 20.1 An employee who retires from the service with an Ontario Northland pension will be entitled to a death benefit of $7,000. If retirement on company pension is earlier than age 65 and an employee's term life insurance is extended to age 65, the $7,000 death benefit will be provided at age 65. The application of this Article is conditional on the employee having 10 years of pensionable service.
Life Insurance Upon Retirement. An employee who retires from the service of the Company subsequent to April will, provided five years of age or over and has not less than ten years' cumulative compensated service, be entitled, upon retirement, to a death benefit, fully paid by the Company. An employee who retires from the service of the Company subsequent to January will, provided heishe is fifty-five years of age or over and has not less than ten years' cumulative cornpensated service, be entitled, upon retirement, to a death benefit fully paid by the Company. ARTICLE
Life Insurance Upon Retirement. 20.1 An employee who retires from the service with a Company pension will be entitled to a death benefit of $7,000. If retirement on company pension is earlier than age 65 and an employee's term life insurance is extended to age 65, the $7,000 death benefit will be provided at age 65. Effective January 01, 2021, an employee who retires from the service with a Company pension will be entitled to a death benefit of $10,000. If retirement on company pension is earlier than age 65 and an employee's term life insurance is extended to age 65, the $10,000 death benefit will be provided at age 65. The application of this Article is conditional on the employee having 10 years of pensionable service.
