A GUIDE TO YOUR DEFINED BENEFIT PENSION PLAN
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Prior to Vesting – Lump Sum Death Benefit [1]

If you die as an active employee, but have less than five Years of Vesting Service, your beneficiary will receive a Lump Sum Death Benefit. This benefit will be equal to $500 times the number of Benefit Units you earned, up to a maximum of $5,000.

 

© 2015 Electrical Workers Local No. 26 Pension Trust Fund—A Guide to Your Defined Benefit Pension Plan

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Source URL: https://pensionspd.ewtf.org/survivor-benefits/prior-vesting-%E2%80%93-lump-sum-death-benefit

Links
[1] https://pensionspd.ewtf.org/survivor-benefits/prior-vesting-%E2%80%93-lump-sum-death-benefit