Vermont Statutes Title 24 Sec. 5061b
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Vermont Statutes Title 24 Sec. 5061b
- Dependent: A person dependent for support upon another.
- Group D member: means a person employed by a participating municipality who elects to become a Group D member under section 5068 of this title. See
- Member: means any employee included in the membership of the Retirement System under section 5053 of this title. See
- Retirement: means withdrawal from active service with a retirement allowance granted under the provisions of this chapter. See
§ 5061b. Death benefit after retirement—Group D
If a Group D member in receipt of a retirement allowance dies, the member‘s dependent spouse shall receive, until his or her death, a retirement allowance which shall be equal to 70 percent of the retirement allowance to which the member was then entitled, without optional modification, irrespective of whether the member had elected such an option. (Added 1999, No. 61, § 9.)