Supplemental Death Benefit definition

Supplemental Death Benefit means an annual annuity payable over the lifetime of a Surviving Spouse upon the death of the Executive prior to Executive’s commencement of his Benefit under this Agreement as provided in Sections 3.4 and 3.5 of this Agreement.

Supplemental Death Benefit means an annual annuity payable over the lifetime of a Surviving Spouse upon the death of a Participant prior to commencement of the Participant’s Supplemental Pension Benefit.

Supplemental Death Benefit means the amount payable to a Beneficiary of a Participant as provided under Section 4.4.

Examples of Supplemental Death Benefit in a sentence

• Supplemental Death Benefit – The contribution rate for the Supplemental Death Benefit (SDB) is equal to the expected benefit payments during the upcoming year divided by the annualized pay of current active members and is calculated separately for actives and retirees.

• This analysis reconciles the change in the retirement portion (ADEC) of your city’s contribution rate from 2020 to 2021, but will not reflect any change in the cost of the Supplemental Death Benefit (SDB), if your city currently has this provision.

• The number of retirees receiving benefits from the City is expected to increase over time.The Supplemental Death Benefit Plan is a pre-funded single-employer defined benefit plan providing death benefits based upon years of creditable service.

• The OPEB plans consist of the Health and Life Insurance Benefit Plan and the Supplemental Death Benefit Plan.

• OPEB Benefits" means, collectively, post-retirement health, life and death benefits provided to retired employees of the City and their dependents (including surviving spouses) pursuant to the Employee Health and Life Insurance Benefit Plan and the Employee Supplemental Death Benefit Plan, including the members of the certified class in the action captioned Weiler et.

More Definitions of Supplemental Death Benefit

Supplemental Death Benefit means the benefit payable to a Surviving Spouse or Beneficiary pursuant to the Plan.

Supplemental Death Benefit means the benefit payable to a Beneficiary pursuant to the Plan.

Supplemental Death Benefit means the benefit payable to Shank's -------------------------- Surviving Spouse under Section 3.3 of the Agreement.

Supplemental Death Benefit. 2.26 SupplementalDeathBenefit means the death benefit payable to the Participant’s Beneficiary pursuant to the Plan.

Supplemental Death Benefit means a death benefit payable from a ---------------------------- Policy (or Policies) in an amount equal to two times the Participant's Compensation.

Supplemental Death Benefit means the benefit payable to a Beneficiary pursuant to the Plan due to the death of the Participant.

Supplemental Death Benefit means the benefit calculated under Section IV of the Plan and payable to the SERP Beneficiary.