Survivor Benefit definition

Survivor Benefit means the benefit set forth in Article 6.

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Survivor Benefit means the benefit set forth in Article 9.

Survivor Benefit means a surviving spouse benefit, surviving child benefit, second or remainder portion of an optional annuity form, a death benefit, a funeral benefit, or a refund of member or employee contributions payable on account of the death of a public pension plan member as provided for in the benefit plan document of the public pension plan.

Examples of Survivor Benefit in a sentence

Upon the death of an Annuitant, the number of Annuity Units (for Variable Income Options) and/or the dollar amount (for Fixed Income Options) of each payment will be adjusted by the Survivor Benefit Percentage.
The Survivor Benefit Percentage is the percentage of Annuity Units or dollars of each payment paid during the survivor's life, which may be less than or equal to that paid when both individuals are living.
The City has amended its contract with CalPERS to provide for the option of 1959 Survivor Benefit third level coverage.
Their designated beneficiary(s) shall be eligible to receive a one hundred percent (100%) Joint and Survivor Benefit based upon the employee’s accrued benefit account calculated as if the employee had retired on the date of death.
Employees shall pay for the employee’s contribution to the 1959 Survivor Benefit.

More Definitions of Survivor Benefit

Survivor Benefit means an entitlement to a future amount payable to a survivor that is not included in the definition of a survivor annuity.

Survivor Benefit means those Plan benefits that become payable upon the death of a Participant pursuant to the provisions of Section 6.4.

Survivor Benefit means a benefit provided to Participant's Beneficiary if Participant elects to participate in the Plan and dies prior to commencement of the Supplemental Retirement Benefit while in the employ of Corporation.

Survivor Benefit means a monthly benefit for the life of the Surviving Spouse equal to 50% of the monthly benefit to which the Participant would be entitled computed as if the Participant commenced receiving benefits on the date of his death in the form of a straight life annuity of equivalent actuarial value to the benefit accrued under Section III‑A using the same actuarial assumptions as are used in computing equivalent actuarial values under the Retirement Plan.

Survivor Benefit means a benefit payable under Article III of this Plan.

Survivor Benefit means a series of equal monthly payments payable as a result of the death of a member after becoming eligible for service retirement but before retirement and computed as if the member had retired on the last day of the month of death.

Survivor Benefit means a monthly (or Single Lump Sum) benefit payable to a Beneficiary and determined in accordance with this Plan.