Death Benefit

 

If a vested participant dies before his pension starts, a death benefit equal to $1000 times the number of Pension Credits during the Contribution Period will be paid to his designated Beneficiary.  However, this benefit will not be paid if either a Husband-and-Wife Pension or a Preretirement Surviving Spouse Pension is payable to the spouse of the Participant.

 

Internal  Links

 

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