Does the Plan provide any benefits upon the death of an Active participant?

Yes. If you die before retirement, a lump sum Death Benefit equal to $250 for each Pension Credit you accumulated, up to a maximum of $2,500, will be paid to your surviving spouse or designated beneficiary. However, in no event will the amount of this lump sum Death Benefit be less than $1,000.

In addition to the lump sum Death Benefit outlined above, upon the death of a participant, benefits will be paid in the form of either a Husband-and-Wife Pension or the guaranteed payments.

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