12 



regardless of his or her age, of an amount equal to 

 that specified in section 16, subdivision (a), if he or 

 she shall have served more than fifteen and less than 

 twenty years ; of an amount equal to that specified in 

 section 16, subdivision (c), if he or she shall have served 

 more than twenty and less than twenty-five years; of 

 an amount equal to that specified in section 16, sub- 

 division (e), if he or she shall have served more than 

 twenty-five years, for the same term, in either of said 

 cases, as is provided in said subdivisions of said section. 

 This section shall not apply to the case of a subscribing 

 employee who shall resign or voluntarily sever his or 

 her relation as an employee of the Corporation. 



Gratuity 

 paid to 

 relatiyes 

 or bene- 

 ficiary 



§ 18. In the event of the death of a former subscrib- 

 ing employee who is in receipt of a pension, if such 

 death occurs within ten years after the payment of his 

 or her pension commenced, then, and not otherwise, 

 there shall be paid to the beneficiary or beneficiaries 

 of such employee, designated as herein elsewhere pre- 

 scribed, or in default of such beneficiary or benefici- 

 aries, to the nearest relative of such deceased, in the 

 order of precedence specified in Section 19 of these 

 rules, a gratuity in one payment of a percentage of 

 his or her average annual salary for the entire period 

 when he or she was a subscribing employee, computed 

 upon the basis of his or her contributions to the Pen- 

 sion Fund, as shown by the following table : 



If death occurs during the first pension year 100% 



i I 



1 1 



second ' ' 



1 90% 



( i 



I ( 



third 



1 80% 



i ( 



i i 



fourth ' ' 



1 70% 



< ( 



I ( 



fifth 



1 60% 



i i 



( I 



sixth 



' 50% 



< < 



If 



seventh ' ' 



' 40% 



i I 



i i 



eighth ' ' 



< 30% 



i < 



it 



ninth ' ' 



■ 20% 



< I 



(( 



tenth ' ' 



1 10% 



