Normal Form of Pension. Under the normal form, the pension is payable monthly for as long as the member lives after retirement with the guarantee that should he die before he has received 60 monthly payments, the payments shall be continued to his designated beneficiary until 60 monthly payments in all shall have been made.
Appears in 2 contracts
Sources: Labour Agreement, Labour Agreement
Normal Form of Pension. Under the normal form, the pension is payable monthly for as long as the member lives after retirement livesafterretirement with the guarantee theguarantee that should he die before he has received 60 monthly payments, the payments shall be continued to his designated beneficiary until 60 monthly payments in all shall have been made.
Appears in 1 contract
Sources: Labour Agreement
Normal Form of Pension. Under the normal form, the pension is payable monthly for as long as the member lives after retirement with the guarantee that should he die before he has received 60 monthly payments, the payments shall be continued to his designated beneficiary until 60 monthly payments in all shall have been made.
Appears in 1 contract
Sources: Labour Agreement