Each participant, by filing notice in writing with administrator, shall have the right
to designate such beneficiary or beneficiaries who, if alive, shall receive any unpaid
benefits hereunder in the event of a participant's death. Any such designation or
designations may be revoked or changed from time to time by notice in writing filed
by participant with administrator. In the absence of any such designation, or the
revocation of all prior designations without a new designation, or if any designated
beneficiary or beneficiaries shall predecease participant, any such unpaid benefits
at the death of participant shall be paid to his spouse if she survives him, or if
none, to his estate. Such notice of beneficiary designation shall be in such form
and contain such terms as administrator shall from time to time prescribe.
(Ord. No. 43-665 § 29)
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