(a) Pre-retirement. If a participant of the Borough of Swarthmore dies prior to normal retirement, a lump sum shall be payable from the Employees' Pension Fund. If death occurs before completion of 12 months of employment, the death benefit is one thousand dollars ($1,000) after 12 months but before 24 months, two thousand dollars ($2,000); after 24 months, three thousand dollars ($3,000).
(b) Post-retirement. If a participant of the Borough of Swarthmore dies after normal retirement his or her estate or a designated beneficiary shall receive a lump sum of six thousand dollars ($6,000) payable from the Fund.
(Ord. 826. Passed 10-9-89.)