Consolidated Omnibus Budget Reconciliation Act of 1985 definition

Consolidated Omnibus Budget Reconciliation Act of 1985 or “COBRA” means coverage provided under a right of continuation pursuant to federal law.
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Consolidated Omnibus Budget Reconciliation Act of 1985 or "COBRA" means coverage provided under a right of continuation accord- ing to federal law.
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Consolidated Omnibus Budget Reconciliation Act of 1985 or “COBRA” means the federal law by which an employee and dependents may continue to receive medical benefits available under the terms of the Plan after they no longer satisfy the Plan’s eligibility requirements, provided that they would lose coverage.
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Examples of Consolidated Omnibus Budget Reconciliation Act of 1985 in a sentence

  • No Employee Benefit Plan provides or promises, or at any time provided or promised, retiree health, life insurance, or other retiree welfare benefits except as may be required by the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or similar state law.


More Definitions of Consolidated Omnibus Budget Reconciliation Act of 1985

Consolidated Omnibus Budget Reconciliation Act of 1985 as amended ("COBRA"), with respect to any "qualifying event" (as defined in Section 4980B(f)(3) of the Code) under any Classifieds2000 Employee Plan occurring prior to and including the Closing Date, except where the failure to do so would not result in a material liability to Classifieds2000 and no material Tax payable on account of Section 4980B of the Code has been incurred with respect to any current or former employees (or their beneficiaries) of Classifieds2000.
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Consolidated Omnibus Budget Reconciliation Act of 1985 or “COBRA” means coverage pro- vided under a right of continuation pursuant to federal law.
Sample 1
Consolidated Omnibus Budget Reconciliation Act of 1985 or “COBRA” means, for the purposes of this regulation, coverage provided under a right of continuation pursuant to federal law.
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Related to Consolidated Omnibus Budget Reconciliation Act of 1985

  • Budget Act means an act containing appropriations which form a portion of the state's annual budget.

  • HITECH Act means the Health Information Technology for Economic and Clinical Health Act, TitleXIII, Subtitle D, Part 1 & 2 of the American Recovery and Reinvestment Act of 2009.

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Financial Instruments Accounts Act means the Swedish Financial Instruments Accounts Act (lag (1998:1479) om kontoföring av finansiella instrument).

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;