Plan of Benefits as used herein shall mean the Plan or program of benefits established under and pursuant to this Agreement and Declaration of Trust.
Plan of Benefits means the particular benefits that are identified in this Agreement and shall not include any other feature or provision of the insurance policy, self-funded plan, pool or trust. The School District may provide benefits in excess of those identified in the applicable “plan of benefits.” In the event that the School District provides benefits in excess of the required “plan of benefits,” the School District may eliminate any excess benefits at any time, so long as the benefits provided meet the defined “plan of benefits.” Benefits for Part-Time Employees
Plan of Benefits means the benefit programs and eligibility rules and other rules established and maintained by the Trustees for the payment or provision of medical, surgical, hospital, dental, vision, life insurance, accidental death and dismemberment, disability and accident and sickness benefits and other similar benefits by means of insurance consistent with the purposes set forth in Section 501(c)(9) of the Internal Revenue Code and the ERISA. As used in this Trust Agreement, the term "payment or provision of benefits from the Trust Fund" shall mean the provision of such benefits through one or more insurance carriers, properly licensed and authorized to provide such benefits to which the Plan pays premiums or other sums therefor. The Plan and Plan of Benefits shall constitute an "employee welfare benefit plan" as defined in ERISA Section 3(1) which shall be fully insured and shall be administered in accordance with said statute, this Trust Agreement, and any amendments thereto and any applicable Plan Documents. Any and all amendments to Plan Documents shall be adopted by the Trustees consistent with ERISA and the procedures set forth herein.
Examples of Plan of Benefits in a sentence
An Alternate Trustee shall be an individual who has worked as a freelance or staff employee in a Plan covered job category(ies) for a contributing employer(s) to the Plan and has achieved coverage under the Plan of Benefits.
Each participant, beneficiary or other person will look solely to the insurance carriers under contract with the Plan to provide the Plan of Benefits for any benefits due under the Plan, and such benefits will be paid only to the extent that there is insurance therefor.
The Plan shall not compensate the Trustees for services rendered to the Plan or its related Plan of Benefits.
More Definitions of Plan of Benefits
Plan of Benefits means the program of benefits, which may include benefits permitted by a 401(k) plan, established by the Trustees pursuant to this Trust Agreement and as subsequently amended by the Trustees.
Plan of Benefits or “Plan Document” means the benefits and provisions for payment of benefits as set forth herein by the Delray Beach Police, Fire Fighters and Paramedics Retiree Benefit Fund.
Plan of Benefits means the benefit booklet, attached hereto as Exhibit B, which outlines the benefits and processes applicable to the HRA Plan (based on information provided by Group).