Terminal Benefit definition
Terminal Benefit means a one time amount payable on completion of the Payout Period. Terminal Benefit shall be equal to:
Terminal Benefit means an amount payable to a person on termination of an employee’s employment or on the death of an employee as—
Terminal Benefit means the amount payable from a fund or scheme, approved as an approved fund or as a benefit fund or pension fund at any time under the law relating to the taxation of income in the Republic prior to the enactment of this Act to an individual who is or was a member of that fund or scheme, on cessation of employment, withdrawal from or the winding up of the fund or scheme, but does not include an amount received-
More Definitions of Terminal Benefit
Terminal Benefit means a gratuity payment, severance payment and superannuation fund payments;
Terminal Benefit means a one-time amount payable on completion of the Payout Period which shall be equal to 100% (One Hundred percent) of Total Premium Paid under the Policy;
Terminal Benefit means a one time guaranteed amount payable on completion of the Payout Period provided the Life Insured has survived up to the Maturity Date and We have received all the due Premiums. Terminal Benefit shall be equal to:
Terminal Benefit means any amount payable to an employee, in terms of his contract of service or any law, upon the insolvency or liquidation of his employer;