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685 <br />686 <br />687 <br />688 <br />689 <br />690 <br />691 <br />692 <br />693 <br />694 <br />695 <br />696 <br />697 <br />698 <br />699 <br />700 <br />701 <br />702 <br />703 <br />704 <br />705 <br />706 <br />707 <br />708 <br />709 <br />710 <br />711 <br />712 <br />713 <br />714 <br />715 <br />716 <br />717 <br />718 <br />719 <br />720 <br />721 <br />722 <br />723 <br />724 <br />725 <br />726 <br />727 <br />728 <br />Attachment A <br />(50) years by a separated member, the separated member shall <br />make application for the lump sum benefit provided herein, on a form <br />provided by the Association and file same with the Association's <br />Secretary. Said Application may contain the election to receive the <br />lump sum benefits in up to three (3) consecutive annual installments, <br />together with interest as provided in Section 45, and said election <br />shall be irrevocable. <br />In the event a separated member shall die before making Application but after attainment <br />of age fifty (50), or die after making Application and otherwise qualify, but before receipt <br />of the benefits, said benefit or the balance of installments shall be paid when due to the <br />Surviving Spouse, so long as said spouse had been living with the separated member for <br />at least one (1) year prior to the date of death and shall not remarry„ or if there be no <br />qualifying Surviving Spouse, to the surviving minor child or minor children, including <br />children born within 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 and were living with <br />the deceased separated member and dependent upon the separated member for support <br />at the time of said death. Any amounts not paid shall be forfeited. <br />Neither the years of service nor membership in the Association as required by this <br />Section, need be consecutive, however, periods of time while a member is on leave of <br />absence or under suspension, shall not be included in determining membership or <br />service as required for qualification of the benefit provided herein. The benefit for which a <br />separated member may qualify upon completion of all requirements of this Section shall <br />be determined as of the date of separation from service and shall be endorsed on the <br />Severance Statement. <br />Section 44B Exclusivity of Benefit <br />Receipt of benefits pursuant to Section 44A, shall be in lieu of any other benefit to which <br />the separated member, Surviving Spouse or minor children would have been entitled to <br />pursuant to the provisions of these Bylaws. However, the Association reserves the right <br />to increase or decrease the amounts payable pursuant to Section 44A, at anytime <br />authorized by Minnesota Statutes and the provisions of these Bylaws. <br />Section 45 Election of Installment Payments <br />The election of installment payments shall be irrevocable and shall be made by the <br />retiring member in writing and filed with the Association's Secretary not later than thirty <br />(30) days prior to the commencement of payment of the service pension. <br />Section 46 Deferred Service Pension <br />Anyone who has been a member of this Association for at least ten (10) years and who <br />has served twenty (20) years in the Roseville Fire Department, but who has not yet <br />reached the age of fifty (50) years, and who separates from active service and <br />membership, shall be entitled with Board of Trustees approval to a Deferred Service <br />19 <br />