HRA Dollars definition

HRA Dollars means any amount that the VEBA Trust contributes on behalf of each Participant to provide benefits under the Plan. The amount of HRA Dollars shall be uniform and nondiscriminatory. VEBA Trust contributions may not be disbursed to a Participant as additional, taxable compensation.
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HRA Dollars means any amount that the Employer, in its sole discretion, may contribute on behalf of each Participant to provide benefits for such Participant and his or her Covered Dependents, if applicable, under the Plan. The amount of employer contributions may be adjusted upward or downward at any time in the contributing Employer's sole discretion. The amount shall be calculated for each Plan Year in a uniform and nondiscriminatory manner and may be based upon the Participant's dependent status, commencement or termination date of the Participant's employment during the Plan Year, and such other factors as the Employer shall prescribe. In no event will any employer contributions be disbursed to a Participant in the form of additional, taxable Compensation.
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Examples of HRA Dollars in a sentence

  • What is a Health Reimbursement Account?The Reimbursement Account is a notional bookkeeping account that keeps a record of HRA Dollars allocated to your account and reimbursements made to you under this HRA.

  • How are HRA dollars allocated to my Reimbursement Account?The VEBA Trust allocates a specified amount of HRA Dollars to your Reimbursement Account.

  • In addition, HRA Dollars will be allocated to your Reimbursement Account in accordance with the “HRA Dollars” section of the Plan Information Appendix (i.e., all at once at the beginning of the year or periodically throughout the year on a pro-rata basis).

  • Who contributes to my Reimbursement Account?The VEBA Trust allocates HRA Dollars to your Reimbursement Account.

  • The amount of HRA Dollars allocated to your Reimbursement Account is determined in the sole discretion of the VEBA Trust and may vary depending on circumstances such as family status.

  • Nevertheless, the amount of HRA Dollars allocated to each Participant’s Reimbursement Account will be determined in a uniform and non-discriminatory manner.

  • The HRA works as follows: • The Employer establishes a notional account called a Health Reimbursement Account (“Reimbursement Account”) for each Participant to keep a record of HRA Dollars allocated to your account and reimbursements made to you under this HRA.

  • HRA Dollars will be allocated to the Participant’s Reimbursement Account in the following manner: At the start of the Plan Year, any unused amounts allocated into the Participant’s Reimbursement Account on July 1, 2013 will roll over to the new Plan Year.

  • All HRA Dollars that are not applied towards Eligible Medical Expenses incurred before your coverage termination date, in accordance with Q-15 of this SPD are forfeited.

  • The annual amount of HRA Dollars that may be allocated to a Reimbursement Account is: Deductible:$250 Single/$500 Family after participant incurs $250 Single/$500 FamilyCoinsurance:$800 Single/$1600 Family after participant incurs $200 Single/$400 Family The HRA benefit is embedded at the Single reimbursement level for each member.

Related to HRA Dollars

  • Singapore Dollars means the lawful currency of Singapore.

  • Dollars or “$” refers to lawful money of the United States of America.

  • U.S. Dollars or “US$” means the lawful currency of the United States of America.

  • Canadian Dollars means the lawful currency of Canada.

  • United States Dollars means the lawful currency of the United States of America.

  • Hong Kong Dollars means the lawful currency of Hong Kong.

  • Australian Dollars means the lawful currency of Australia.

  • Euros means the currency adopted by those nations participating in the third stage of the economic and monetary union provisions of the Treaty on European Union, signed at Maastricht on February 7, 1992.

  • United States Dollar and "US$" shall mean the lawful currency for the time being of the United States of America.

  • Pounds Sterling means the lawful currency of the United Kingdom.

  • Applicable Currency means as to any particular payment or Loan, Dollars or the Alternative Currency in which such payment or Loan is denominated or is payable.

  • Swiss Francs means the lawful currency of Switzerland.

  • Japanese Yen means the lawful currency of Japan.

  • Yen and “¥” mean the lawful currency of Japan.

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • U.S. Dollar Equivalent means, on any date of determination, (a) with respect to any amount in US Dollars, such amount, and (b) with respect to any amount in any Alternative Currency, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.05 using the Exchange Rate with respect to such Alternative Currency at the time in effect under the provisions of such Section.

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.