Common use of Period of Coverage Clause in Contracts

Period of Coverage. The period of coverage during which a benefit is provided is the Plan Year. A participant may elect to terminate the payroll reduction agreement or change election as to the District contribution or change the benefits elected only if family status has changed. A participant has a change in family status upon marriage, divorce, death of a spouse or child, birth or adoption of a child, or termination of employment of a spouse.

Period of Coverage. The period of coverage during which a benefit is provided is the Plan Yearyear. A participant may elect to terminate the payroll reduction agreement or change election as to the District contribution or change the benefits elected only ONLY if family status has changed. A participant has a change in family status upon marriage, divorce, death of a spouse or child, birth or adoption of a child, or termination of employment of a spouse.