Optional Benefits definition

Optional Benefits means those District-approved insurance programs optionally available to employees outside the Basic Benefits programs, including short-term disability, additional individual life, long-term care, pre-paid legal, and cancer insurance programs, which are not Basic Benefits as described in Section 7.2.5, above.

Optional Benefits. We may discontinue or restrict the availability of an optional benefit; • Benefits available to you may vary based on employer and state approval. Participants should refer to their plan documents for available benefits; and • If a participant elects to pay advisory fees from the Variable Investment Options, such deductions will reduce the death benefit amount and also may be subject to federal and state income taxes and a 10% federal tax penalty. See the “Benefits Available Under the Contract - Other Optional Benefits” and “MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT” sections of this summary prospectus. Tax Implications • You should consult with a tax and/or legal adviser to determine the tax implications of an investment in, and distributions received under, the Contract; • There is no additional tax benefit to the Investor if the Contract is purchased through a tax-qualified plan or individual retirement account (“IRA”); and • Withdrawals will be subject to ordinary income tax and may be subject to tax penalties. See “FEDERAL TAX CONSIDERATIONS” in the full prospectus for the Contract. ISP.01107-22 (Texas K-12 Contracts) 7

Optional Benefits mean the additional benefits and services that the Contractor offered to the City in the Contractor’s proposal, as described in Section 77 and Exhibit 17 of this Agreement.

Examples of Optional Benefits in a sentence

• This includes Basic Life, Health and Dental, and Optional Benefits.

• The Benefits under Optional Benefits will only be payable if shown in the Policy Schedule or Official Confirmation of Coverage and the corresponding premiums are paid.

• Optional Benefits on Additional Compensation The Regents have authorized disability and life insurance benefit programs related to health sciences additional compensation beyond the base salary.

• The City shall contract with CalPERS for Variable Rate Cost Sharing of up to the Permanent Cost Share of 1.868% under Government Code Section 20516(a), based on the optional benefits established in the Miscellaneous Plan of the City’s contract with CalPERS for the 2%@55 and One-Year Final Compensation Optional Benefits.

• Benefits: Medical insurance Dental insurance Life Insurance Long and short-term disability insurance Ten holidays per year Sick leave Optional Benefits: 401(k) Plan Flexible Spending Account Program Supplemental Life Insurance All Standard and Optional Benefits will be as provided by Company to employees generally, and are subject to modification from time to time by Company.

More Definitions of Optional Benefits

Optional Benefits. We may discontinue or restrict the availability of an optional benefit. and • If a participant elects to pay advisory fees from the Variable Investment Options, such deductions will reduce the death benefit amount and also may be subject to federal and state income taxes and a 10% federal tax penalty. See the “

Optional Benefits. We may discontinue or restrict the availability of an optional benefit. • Benefits available to you may vary based on employer and state approval. Participants should refer to their plan documents for available benefits; and • If a participant elects to pay advisory fees from the Variable Investment Options, such deductions will reduce the death benefit amount and also may be subject to federal and state income taxes and a 10% federal tax penalty. See the “Benefits Available Under the Contract - Other Optional Benefits” and “MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT” sections of this summary prospectus.

Optional Benefits means those benefits made available by the Employer to its Eligible Employees. These benefits include the following: Optional Benefits as of January 1, 2014FundingGroup Medical PlanPre-Tax Contributions under Tax Savings on Insurance Premiums Plan – Appendix AHealth Flexible Spending Account Plan – Appendix BPre-Tax ContributionsDependent Care Flexible Spending Account– Appendix CPre-Tax ContributionsHealth Savings Account – Appendix DPre-Tax Contributions

Optional Benefits means the Qualified Benefits described ----------------- in Exhibit I, which shall be provided to a Participant upon his/her election to receive such benefits.

Optional Benefits. Optional Benefit Elected: Optional Election Charges: [Maximum Anniversary Value 0.20% Optional Death Benefit] For Inquiries Call 0-000-000-0000

Optional Benefits means the benefits available to a Participant under the plans of the Board set forth in Schedule A. “Optional Benefits” does not include any benefits excluded from gross income pursuant to Sections 106(b), 119, and 124 of the Code, nor any other benefit determined to be impermissible under a plan meeting the requirements of Section 125 of the Code.

Optional Benefits means the benefits made available through this Plan, as provided in Articles IX through XI.