Words And What They Mean!!!!!!!
"The Board will pay $10,000.00 to the beneficiary or the estate of any employee who dies while in service."
This has been explained by some as to mean that the school board will make up the difference between what the insurance company pays in order to make a total payment of $10,000.00.
What is actually written is that "the Board will pay $10,000.00 to the beneficiary or the estate of any employee", there is nothing written about insurance policy or the difference between the policy and the age reduction decrease.
"Who dies in service", is this simply service to the school board or perhaps in service to their country through their military service?
Were I the beneficiary of someone who died while working for the school system I would be asking the Board to give me my $10,000.00 as stated in this policy. This has nothing, as written, to do with whether I had received a payment from an insurance company or not. It doesn't even depend on whether I had a life insurance policy the board by this written policy has obligated themselves to pay $10,000.00 to the beneficiary or estate of any employee that has died.
It's this kind of words meaning one thing and thoughts about those words meaning something different that has helped get this system in the mess it's in. Allen Barrett