Hialeah Gardens |
Code of Ordinances |
Chapter 40. HIALEAH GARDENS POLICE PENSION TRUST FUND |
Article II. PENSION PLAN |
Division 3. PENSION BENEFITS |
SubDivision VII. Pre-Retirement Survivor Benefits |
§ 40-311. Pre-retirement Death Benefits for Vested Participants.
Any Participant whether or not still in active employment, who has a nonforfeitable (vested) right to any portion of the Accrued Benefit, and who dies prior to the commencement of benefits, shall have a survivor benefit payable on his behalf. The survivor benefit shall be payable to the Participant's designated beneficiary.
The amount of the survivor benefit shall be the benefits which were otherwise payable to the police officer had he survived and shall be payable upon the date the Participant would have reached normal or early retirement age, as elected by the designated beneficiary.
(Ord. No. 90-33, Ch. II, § 11-1, 5-21-91)