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1982_1108_packet
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1982_1108_packet
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provided herein, on a form provided by the <br />Association and file same with the Association's <br />Secretary. I <br />-Said Application may contain the elec- <br />tion to .receive the lump sum benefits in up to <br />three (3) consecutive-annual 'Installments.-, toget' <br />with interest as provided in §45, and said election <br />shall be irrevocable. <br />In the event a separated member shall die after making applica- <br />tion and otherwise qualifying, but before receipt of.his benefits, <br />said benefit or the balance of installments shall be paid when due <br />to his surviving spouse,so long as said spouse had been-living with <br />the separated member for at least one (1) year prior to the date of <br />his death, or if there be no qualifying spouse surviving him, to <br />his surviving child or childr-en, including children born within <br />nine (9) months after the death of the separated-member, in equal <br />shares, provided that they are under the age- of eighteen, (18) years <br />and were living with the deceased separated member and dependent <br />upon him for support at the time of his death. Any amounts not so <br />paid shall be forfeited. <br />Neither the years of service nor membership in the Association <br />2s required by this Section, need be consecutive, however, periods <br />tf time while a member,is on leave of absence or under suspension, <br />*r decrease the amounts payable pursuant to §44A. at anytime as =5 <br />2 <br />
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