Benefits Accounting. 1. Health care provider billing and payments.
2. General Ledger billing and reports of employers and employee charges.
Benefits Accounting. The Bank shall account for the benefit provided herein using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
Benefits Accounting. Contractor will not be responsible for employee Benefits Accounting except to process manual journal entries related to such expense. The information below will be needed to properly account for and recognize employee benefits expense:
(i) FASB 87 valuation - providing retirement plan expense to be recorded;
(ii) FASB 106 valuation - providing postretirement benefits expense to be recorded;
(iii) FASB 112 valuation -providing expense associated with current long-term disability participants (post employment benefits);
(iv) Workers compensation reserve amounts for injured employees;
(v) General Liability (Injuries and Damages) amounts;
(vi) Incurred But Not Reported liability amounts for Workers Compensation and for General Liability;
(vii) Funding valuation to determine future funding requirements of the pension plan; and
(viii) Funding valuation related to the funded status of the deferred compensation plan for Mountaineer Gas ex-presidents.
Benefits Accounting. Service Provider: Ashland Inc. Service Recipient: Nexeo Solutions, LLC Benefits Accounting Benefits Accounting • Provide sufficient access to individuals in Ashland’s Benefits Accounting Group, including but not limited to, Xxxxxx Xxxxxx for: • Executive and stock award compensation • Defined contribution plans • Medical, dental, life insurance and long-term disability • Deferred compensation • Training and transition of work processes • Clearing/balancing benefit payments journal entries from HR2U • Reclassifying benefits and payments (uploading journal entries) • Post-retirement (benefits) and post-employment (disability)
Benefits Accounting. The Benefits Accounting Department (or the Employer’s office performing equivalent functions) may use PHI for purposes of performing the Plan functions of the payment or funding of claims (such as through salary reduction), and reconciliation of enrollment and contributions.
