Chapter: Screen Credit Death Benefit Section: Method of Payment
Method of Payment
Generally, the Screen Credit Death Benefit will be paid as a
lump sum. However, if the total benefit payable under the Normal Death Benefit
and the Screen Credit Death Benefit is $15,000 or more, the Screen Credit Death
Benefit may be included in the monthly installment payments.
The Screen Credit Death Benefit will not be payable if a surviving
spouse or Qualified Domestic Partner is eligible for benefits under the Surviving
Spouse Benefit unless the surviving spouse of a deceased Participant waives
the Surviving Spouse Benefit. Additionally, the Screen Credit Death Benefit
will not be payable with respect to a Participant who elects to retire
but dies before retirement.
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