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Preretirement Surviving Spouse Benefit

7.06 - The Preretirement Surviving Spouse Benefit shall be paid at the time specified in Section 6.05, subject to the applicable rules, including the appropriate reduction for early payment, as specified in Sections 7.01, 7.02 and 7.03.

The benefit described in Section 6.05 shall be paid under either of the following circumstances:

  • If the Participant has retired under the Normal or Early Retirement provisions and dies prior to the date of the first benefit payment hereunder; or
  • If the Participant has a Vested Percentage of 100% and dies, whether or not employed by a Participating Employer at the time of death, prior to the commencement of benefit payments hereunder.