Premium Expense Reimbursement Account definition

Premium Expense Reimbursement Account means the account established for a Participant pursuant to this Plan to which part of his or her Cafeteria Plan Benefit Dollars may be allocated and from which Premiums of the Participant shall be paid or reimbursed. If more than one type of insured Benefit is elected, sub-accounts shall be established for each type of insured Benefit.

Premium Expense Reimbursement Account means the account established for a Participant pursuant to this Plan to which part of his Cafeteria Plan Benefit Dollars may be allocated and from which Premiums of the Participant shall be paid or reimbursed.

Premium Expense Reimbursement Account means theaccount establishedfora Participant pursuanttothis Plantowhichpartof his or her Cafeteria Plan Benefit Dollars may be allocatedandfromwhich Premiums of the Participant shall be paid or reimbursed. If more than one type of insured Benefit is elected, sub-accounts shall be established for each type of insured Benefit.

Examples of Premium Expense Reimbursement Account in a sentence

• Amounts designated for the Participant's Premium Expense Reimbursement Account shall likewise be credited to such account for the purpose of paying Premium Expenses.

• Amounts designated for the Participant’s Premium Expense Reimbursement Account shall likewise be credited to such account for the purpose of paying Premium Expenses.

• Amounts designated for the Participant's Premium Expense Reimbursement Account shall likewise be credited to such Account for the purpose of paying Premium Expenses.

• Upon request by the individual ESP’s, payroll deductions in the following areas will be honored: Section 125 – pretax cafeteria plan: ● Premium Expense Reimbursement Account (Health and Dental) ● Dependent Care Flexible Spending Account ● Health Flexible Spending Account (“FSA”) The specific terms of the various Reimbursement and spending accounts identified above can be found in the Section 125 Cafeteria Plan documents, which shall govern in the event of any discrepancy or ambiguity.

• Any contribution made or withheld for the Health Flexible Spending Account shall be credited to such fund or account.Amounts designated for the Participant's Premium Expense Reimbursement Account shall likewise be credited to such account for the purpose of paying Premium Expenses.

• Amounts designated forthe Participant's Premium Expense Reimbursement Account shall likewise be credited to such account for the purpose of paying Premium Expenses.