Forfeiture of Unused Benefits. Amounts of reduced Xxxxxx credited to Participants’ accounts during a Plan Year that are not used to pay Benefits for eligible expenses incurred during that same Plan Year will be forfeited. This provision does not apply to a Health Savings Account (HSA) Contribution Benefit if such a Benefit is included in this Plan. In the Administrator’s discretion, forfeited amounts may be used to: offset experience losses under a health care flexible spending account plan maintained in connection with this Plan; pay the administrative expenses of the Plan; reduce Employer contributions for the following Plan Year; or reduce Employer contributions funded through all Participants’ Salary reductions for the following Plan Year. Forfeited amounts may not be paid to Participants in cash or otherwise made available to Participants.
Forfeiture of Unused Benefits. Subject to special rules for grace periods or carryovers that may be contained in component Benefits under the Plan, amounts of reduced Salary credited to Participants’ accounts during a Plan Year that are not used to pay Benefits for eligible expenses incurred during that same Plan Year will be forfeited. This provision does not apply to a Health Savings Account (HSA) Contribution Benefit if such a Benefit is included in this Plan. In the Administrator’s discretion, forfeited amounts may be used to: offset experience losses under a health care flexible spending account plan maintained in connection with this Plan; pay the administrative expenses of the Plan; reduce Employer contributions for the following Plan Year; or reduce Employer contributions funded through all Participants’ Salary reductions for the following Plan Year. Forfeited amounts may not be paid to Participants in cash or otherwise made available to Participants.
