Benefit Services definition

Benefit Services means any employee benefit brokerage, consulting, or administration services, in the areas of group insurance, defined benefit and defined contribution pension plans, individual life, disability and capital accumulation products, and all other employee benefit areas.

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Benefit Services means Services relating to the administration of employee plans and benefit arrangements.

Benefit Services. GROUP INSURANCE PLAN ADMINISTRATION - Continuation of administrative support (e.g. eligibility & enrollment) for transferred employees in the AlliedSignal health and welfare benefit programs will be provided until June 30, 1998. Effective July 1, 1998, continued administrative support services will be available to employees in the L-3 health & welfare plans provided L-3 establishes plans that are comparable to the Existing AlliedSignal plan arrangements. * Note: Effective July 1, 1998, L-3 will be responsible for direct payment of premiums to the carriers for the comparable plans created under their sponsorship. Schedule A Seller Provided Services 5 ------------------------------------------------------------------------------ Description of Services (continued):

Examples of Benefit Services in a sentence

• The insurance or investment company may be required to receive approval from the Employer or National Benefit Services, LLC, prior to executing certain transactions including loans, hardships, distributions, or transfers (as permitted by the Plan).

• The insurance or investment company or may be required to receive approval from the Employer or National Benefit Services, LLC prior to executing certain transactions including loans, hardships, distributions, or transfers (as permitted by the Plan).

• The insurance or investment company may be required to receive approval from the Employer or National Benefit Services, LLC prior to executing certain transactions including loans, hardships, distributions, or transfers (as permitted by the Plan).

• I understand that as compensation for general plan administration and compliance services, National Benefit Services, LLC receives $1.50 per month for each employee with an account balance in the plan.

• The Employee agrees to indemnify and hold the Employer and National Benefit Services, LLC (NBS) harmless against any and all actions, claims and demands whatsoever that may arise from the purchase of annuities or custodial accounts in this 457(b) Plan.

• I understand that as compensation for general plan administration and compliance services, National Benefit Services, LLC receives $2.00 per month for each employee making a salary deferral to the plan.

• Group Benefit Services (GBS) substantiates purchases made with the debit card by reviewing all transactions.

• The plan will be as provided by Michigan Employee Benefit Services (MEBS) or comparable coverage.

• The completed medical form may be submitted directly to the Coordinator, Benefit Services and the County will reimburse employees for any cost in obtaining such document, to a maximum of $40.00.

• On and after the Offering Date, subject to regulatory requirements and the provisions of Section 4.01 hereof, Retail Ventures shall continue to provide Benefit Services (as hereafter defined) to and in respect of DSW associates with reference to Retail Ventures Plans as administered by Retail Ventures prior to the Offering Date.

More Definitions of Benefit Services

Benefit Services has the meaning set forth in Section 8(f)(viii).

Benefit Services means employee benefit brokerage, consulting, or administration services in the area of group insurance, defined benefit and defined contribution pension plans and services, individual life, disability and capital accumulation products; investment advisory services, wealth management, retirement plan consulting or group retirement services, variable annuities, fund investment business; human resource consulting services, including without limitation, compensation consulting, compensation program design, compensation and benefits surveys, and human resources management; and all other employee benefit or human resource areas in which the Company is involved; provided, in each case, that nothing in this Section 8(f) shall prohibit ▇▇▇▇▇ Bank, N.A. from continuing to conduct the Permitted Activities; (D) The terms “Protected Seller Account” and “Prospective Account” shall include all users of Insurance Services or Benefits Services, including commercial and individual consumers, risk managers, carriers, agents and other insurance intermediaries, who are customers of the Company as of the Closing, or an insurance carrier offering a custom program for which the Company is a managing general agent, managing general underwriter, program manager or an underwriting agent, regardless of how the relationship is documented or characterized; (E) If an account of the Company or any of its affiliates is publicly known to be part of a group of companies which conducts business through more than one entity, division or operating unit, whether or not separately incorporated (a “Client Group”), the term “account of the Company or any of its affiliates” as used herein (I) shall include products or services within any entity, division or operating unit of the Client Group where the same management group within the Client Group has the primary decision making authority with respect to contracting for services of the type rendered by the Company or any of its affiliates, and (II) shall not include products or services within any entity, division or operating unit of the Client Group where the management group within the Client Group which has the primary decision making authority with respect to contracting for services of the type rendered by the Company or any of its affiliates is not the same as any management group that falls within the preceding clause.