Method of benefit payment a) The Administrator shall make, or otherwise direct any Trustee to make (if applicable) any and all payments or other reimbursements in the manner specified herein and as otherwise elected by the Employer (e.g., direct reimbursement by check, automatic deposit via automated clearing house (ACH)).
Method of benefit payment. It is understood that this benefit allows for a health benefit to be applied toward the employee’s health insurance premium costs for health insurance provided under this Agreement, or a non-elective employer contribution into an Internal Revenue Code Section 403(b) account (“Section 403(b) Account”), to the extent of the monies as stated in the aforementioned schedule (§ 25.2). If the retiring or terminating unit member is covered by another (i.e., a non-District provided) health insurance plan, the member will receive the benefit described in 17 above as a non-elective employer contribution into the Section 403(b)
Method of benefit payment. It is understood that this benefit allows for a health benefit to be applied toward the employee’s health insurance premium costs for
Method of benefit payment. I hereby elect to receive benefits from this election in the following form (select A or B):
