Normal Form. Unless a Member elects an optional form of Basic Pension under Section 9.03, payment thereof shall be in the form of monthly instalments beginning on the last day of the month in which his Retirement Date occurs and continuing thereafter up to and including the month of death, or earlier cessation of disability (as defined in paragraph 5.05(c)). Notwithstanding the foregoing, the Basic Pension payable to a Member who retires on his Normal Retirement Date and retirement income payable under Section 11.02 which is locked-in pension as defined under Applicable Pension Laws, will be payable as above, with a guarantee that not less than sixty
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Sources: Collective Labour Agreement, Collective Bargaining Agreement