Common use of Pop Up Option Clause in Contracts

Pop Up Option. When an employee selects a beneficiary through option A or B at the time of retirement and the beneficiary is subsequently removed as a result of death, the retirement selection shall automatically revert to Straight Life Allowance.

Appears in 4 contracts

Sources: Labor Agreement, Labor Agreement, Collective Bargaining Agreement

Pop Up Option. When an employee selects a beneficiary through option A or B at the time of retirement and the beneficiary is subsequently removed as a result of death, the retirement selection shall automatically revert to Straight Life Allowance.

Appears in 1 contract

Sources: Collective Bargaining Agreement