Common use of Powers of Plan Administrator Clause in Contracts

Powers of Plan Administrator. The Plan Administrator shall have the discretionary powers necessary to administer and meets its obligations under the Plan, including, without limitation, the following: (a) Interpret the terms and provisions of the Plan. (b) Decide all questions of eligibility for participation in the Plan. (c) Decide all questions of eligibility for benefit payments and determine the amount and manner of the payment of benefits. (d) Make and enforce rules and regulations it deems necessary for the efficient administration of the Plan. (e) Pay premiums for all Participants entitled to payment under the Plan and pay expenses incident to the administration of the Plan. (f) Administer the appeal procedure provided in this Article. (g) Delegate specific responsibilities for the operation and administration of the Plan to any Employees or agent. (h) Maintain records and accounts pertaining to the Plan.

Powers of Plan Administrator. The Plan Administrator shall have the discretionary powers necessary to administer and meets meet its obligations under the Plan, including, without limitation, the following: (a) Interpret the terms and provisions of the Plan. (b) Decide all questions of eligibility for participation in the Plan. (c) Decide all questions of eligibility for benefit payments and determine the amount and manner of the payment of benefits. (d) Make and enforce rules and regulations it deems necessary for the efficient administration of the Plan. (e) Pay premiums for all Participants entitled to payment under the Plan and pay expenses incident to the administration of the Plan. (f) Administer the appeal procedure provided in this Article. (g) Delegate specific responsibilities for the operation operations and administration of the Plan to any Employees or agentagents. (h) Maintain records and accounts pertaining to the Plan.