Substantive Plan definition

Substantive Plan means the plan through which assets are accumulated and benefits are paid as they come due in accordance with the commitments or understandings between the employer, eligible employees and their beneficiaries.
Substantive Plan means the terms of the OPEB plans as they are understood by the employer and employees. It is generally comprised of the OPEB plan documents as well as other communications between the employer and the employees as well as the historical pattern of practice with regard to the sharing of benefit-related costs with inactive
Substantive Plan means the terms of the OPEB plans as they are understood by the employer and employees. It is generally comprised of the OPEB plan documents as well as other communications between the employer and the employees as well as the historical pattern of practice with regard to the sharing of benefit-related costs with inactive employees.12.11: “The Trust” shall mean the CCCCD’s Investment Trust established for the pre-funding of its OPEB liabilities and maintained in compliance with GASB Statement No. 74 & No 75, the California Constitution and the California Government Code with a governing Board consisting of officials of the CCCCD.

Examples of Substantive Plan in a sentence

  • At the request and at no additional cost of Employer, ▇▇▇▇▇▇ will assist Employer to submit its Substantive Plan for a private letter ruling from the Internal Revenue Service.

  • Approve, execute and retain in effect a Substantive Plan, Adoption Agreement, Trust and Investment Policy Statement, and such other agreements as may be required for the Trust to validly invest its assets, to meet the requirements of Section 115 of the Internal Revenue Code and any applicable California Code, and to comply with the requirements of GASB 43 and 45 with respect to those assets of the Trust that are designated for funding Plan obligations.