07.01 - Benefit Level Increase and Bylaws

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benefits for service preformed as a volunteer firefighter at the time that the lump sum �-- benefit is paid. The supplemental benefit is calculated as ten percent of the regular lump sum distribution, excluding any deferred interest, but not to exceed $1,000. Upon the payment of a lump sum survivor benefit to the survivor of a deceased active or deceased deferred member, a supplemental survivor benefit will be paid to the surviving spouse of the deceased active or deceased deferred member or, if none, to the surviving child or children. The survivor supplemental benefit is calculated as twenty percent of the survivor benefit distribution, but not to exceed $2,000. ARTICLE X- DEFERRED PENSION STATUS Section 1- DEFERRED PENSION ROLL. A member of the Association who is otherwise qualified for a service pension but who has not reached the age of eligibility under Article IX, Section 2 may separate from active service with the Fire Department without forfeiting the right to such service pension. Upon the application of such member, the member shall be placed on deferred status and be entitled to receive said service pension upon reaching the age of 50 and making application for retirement. The value of the deferred pension shall be based on the pension amount per year of service in effect on the date on which the member separated from active service from the Fire Department and reduced pursuant to the partial vesting schedule as stated in Article IX, Section 3. During the time that any member is on the deferred pension roll, the member will not be eligible to receive a disability beneft. If a member dies while in deferred status, the member's deferred benefit amount will be paid to the surviving spouse, if any, and if there is no surviving spouse, to the surviving child or children, if any, and if no child or children, �.. to the estate of such deceased member. Section 2- DEFERRED INTEREST. The Association shall not pay interest to deferred members. ARTICLE XI - ANCILLARY BENEFITS Section 1- SURVIVOR BENEFIT. Upon the death of any member who has not yet separated from active service, the Association shall pay to the surviving spouse, if any, and if there is no surviving spouse, to the surviving child or children, if any, and if no child or children, to the estate of such deceased member the amount per year of service as shown in Appendix A for each year that the member served as an active firefighter in the Fire Department, without regard to minimum or partial vesting requirements, but in no case less than five times the pension amount per year of service in effect on the date of the death. Section 2- LIMITATIONS. Following the receipt of a lump sum survivor's benefit neither a member's surviving spouse or estate is entitled to any other or further financial relief or benefts from the Association. Section 3— LONG-TERM DISABILITY. If a member of the Association shall become totally � and permanently disabled, to the extent that a physician or surgeon acceptable to the Board of