Survivorship benefit definition

Survivorship benefit means payments for life to the statutory or designated beneficiary of a
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Survivorship benefit means the monthly benefit paid to the surviving spouse or dependent child
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Survivorship benefit means payments for life to the statutory or designated beneficiary of a deceased member who died while in service under a defined benefit retirement plan.
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Examples of Survivorship benefit in a sentence

  • Notwithstanding any provision to the contrary, when the Bank has paid a Survivorship benefit under any section of the Agreement, the Bank has completed its obligation to the Executive.

  • The Survivorship benefit is paid to a member’s next of kin upon their death, this also includes a death gratuity which is a lump-sum equal to a member’s annual pensionable income; a member has to have contributions for at least 10 years for their spouse to be eligible for a pension.

  • Survivorship Benefit Survivorship benefit is a monthly payment made to the dependant (widow and children under 21 years old) of a member at an amount of B$400.00 per month if a member dies before attaining the age of 60 years old.

  • These costs are included in the unfunded actuarial liabilities of the retirement plan.(50)(51) "Survivorship benefit" means payments for life to the statutory or designated beneficiary of a deceased member who died while in service under a defined benefit retirement plan.

  • Survivorship benefit" means payments for life to the statutory or designated beneficiary of a deceased member who died while in service under a defined benefit retirement plan.

  • Survivorship benefit claim filed under RA 8291 shall prescribe four (4) years from the date of death of the member or old-age pensioner.

  • Beneficiary and dependent demographic information will be transferred into BenefitConnect from Workday automatically, but you must take action to elect (or re-elect) your desired health plan options, as well as to assign beneficiaries to your Life insurance and Survivorship benefit plans.

  • The day (date) of 31st, October, 2022 will be the Competition closing date.

  • Survivorship benefit claim filed under PD 1146 shall prescribe ten (10) years from the date of death of the member or old-age pensioner.

  • Recent studies attempt to create a synergy between statistical DCM and NN through a hybrid structure.


More Definitions of Survivorship benefit

Survivorship benefit means the monthly benefit paid to the surviving spouse or dependent child of a deceased member.
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Survivorship benefit means payments for life to the statutory or designated beneficiary of a deceased member who died while in service under a retirement system.
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Survivorship benefit means the monthly survivorship benefit payable to a person under section 22;
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Related to Survivorship benefit

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Spouse means, an individual who,

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Annuitant means a person who receives a retirement allowance or a disability allowance;