HRA Account definition

HRA Account means the HRA Account described in Section 7.4.
HRA Account means the record-keeping account established on your behalf once you are eligible to participate.
HRA Account means the account described in this Article.

Examples of HRA Account in a sentence

  • The HRA Account of any employee who retires from District service will be converted to a retiree HRA account.

  • The HRA Account so established will merely be a recordkeeping account with the purpose of keeping track of contributions and available reimbursement amounts.

  • District retirees will continue to retain the ability to draw on their HRA Account and claim reimbursement for qualifying medical expenses for themselves and their eligible dependents.

  • Your HRA Account is merely a recordkeeping account; it is not funded (all reimbursements are paid from the general assets of the Employer), and it does not bear interest or accrue earnings of any kind.

  • No contribution to a retiree account shall be due when the balance in the retiree’s account reaches the “cap.” An employee whose Active HRA Account balance exceeds the Retiree cap on the effective date of their retirement, will still be permitted to draw down on those amounts in excess of the cap.


More Definitions of HRA Account

HRA Account means the bookkeeping arrangement established for a Participant to hold his or her Benefit Credits.
HRA Account means the bookkeeping account established pursuant to Section 6.1 to determine the amount of Eligible Expenses for which a Participant is eligible to be reimbursed pursuant to the Plan.
HRA Account means the hypothetical account established for a Participant to hold his or her Benefit Credits.
HRA Account means the health reimbursement arrangement account described later in this section under “Establishment of Account.”
HRA Account means the notional account established for a Participant to hold their Allocations. No earnings shall be credited at any time with respect to any HRA Account.
HRA Account means the notional account maintained by the Administrator for a Participant in the Plan to which shall be credited contributions made pursuant to Section 4.1.‌
HRA Account means the notional, recordkeeping account established for a Covered Person in order to reimburse his Covered Premiums.