30.If a participant dies at 60 years of age or older, after he or she has acquired the right to a pension but before such pension is payable to him or her, his or her married or civil union spouse or, if he or she has no married or civil union spouse, his or her heirs are entitled, from the first day of the month following the death,
(1) to receive the pension for fifteen years; or
(2) to receive, upon application, a lump sum equal to the commuted value of the pension.
1974, c. 48, s. 30; 1982, c. 2, s. 44; 1990, c. 5, s. 44; 2002, c. 6, s. 202.
30.If a participant dies at 60 years of age or older, after he has acquired the right to a pension but before such pension is payable to him, his spouse or, if he has no spouse, his heirs are entitled, from the first day of the month following the death,
(1) to receive the pension for fifteen years; or
(2) to receive, upon application, a lump sum equal to the commuted value of the pension.
1974, c. 48, s. 30; 1982, c. 2, s. 44; 1990, c. 5, s. 44.
30.If a participant dies at 60 years of age or older, after he has acquired the right to a pension but before such pension is payable to him, his heirs are entitled, from the first day of the month following the death,
(1) to receive the pension for fifteen years; or
(2) to receive, upon application, a lump sum equal to the commuted value of the pension.
30.If a participant dies after he has acquired the right to a pension but before such pension is payable to him, the sums accumulated for his account shall be paid in a lump sum to his heirs, with interest at the rate fixed.