Retired Public Safety Officer Insurance Premium Distributions Sample Clauses

Retired Public Safety Officer Insurance Premium Distributions. The BOARD authorizes EMPOWER to receive, process and take appropriate action to accomplish properly completed PARTICIPANT requests to direct payments from the PLAN to insurance carriers of premiums under health, dental, vision or long-term care plans of eligible retired public safety officers as follows: 1. Retired public safety officer insurance premium distributions requests must be submitted on an appropriate form, approved by the DEPARTMENT. 2. EMPOWER shall only process requests for which EMPOWER receives a properly signed and completed distribution request form from an eligible PARTICIPANT or a written authorization from the DEPARTMENT. Authorization signatures from the DEPARTMENT, the PLAN or BOARD are not required to process a PARTICIPANT request. If instructed by the DEPARTMENT not to process a request, EMPOWER will follow the DEPARTMENT’s instructions. 3. EMPOWER shall process each request and distribute amounts based on the information provided on the distribution request form by a PARTICIPANT. EMPOWER may generally rely upon and accept as accurate all information that is provided to EMPOWER by PARTICIPANTS, except when EMPOWER knows, or ought to know, that there is good reason to believe that the information submitted in respect to a particular application is mistaken, erroneous or false. EMPOWER shall have no duty or obligation, and shall take no action, to confirm or investigate any information provided by a PARTICIPANT or other party in connection with a request for services, including but not limited to employer at time of retirement, public safety officer position at time of retirement, and eligibility for such distribution. 4. EMPOWER shall refer any PARTICIPANT appeals arising from PARTICIPANTS’ requests to the DEPARTMENT and shall both cooperate fully in any DEPARTMENT investigation of the matter and abide by the final decision on the matter.
Sample 1
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Related to Retired Public Safety Officer Insurance Premium Distributions

  • Supplemental Executive Retirement Plan The Executive shall participate in the Company's Unfunded Pension Plan for Selected Executives (the "SERP").

  • Medical/Dental Expense Account The Employer agrees to allow insurance eligible employees to participate in a medical and dental expense reimbursement program to cover co- payments, deductibles and other medical and dental expenses or expenses for services not covered by health or dental insurance on a pre-tax basis as permitted by law or regulation, up to the maximum amount of salary reduction contributions allowed per calendar year under Section 125 of the Internal Revenue Code or other applicable federal law.

  • Group Term Life Insurance The Welfare Plan will include Group Term Life Insurance in accordance with the following Table of Hourly Job Rate Brackets and corresponding coverages. Benefits will be payable as a result of death from any cause on a twenty-four (24) hour coverage basis.

  • Coverage Selection Prior to Retirement An employee who retires and is eligible to continue insurance coverage as a retiree may change his/her health or dental plan during the sixty (60) calendar day period immediately preceding the date of retirement. The employee may not add dependent coverage during this period. The change takes effect on the first day of the month following the date of retirement.

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • Background and Narrative of Budget Reductions 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short and Long Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance) If yes please explain:

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • When Must Distributions from a Xxxx XXX Begin Unlike Traditional IRAs, there is no requirement that you begin distribution of your account during your lifetime at any particular age.

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