Annual Benefit Statement Clause Samples
Annual Benefit Statement. Within 120 days after the end of each Plan Year the Plan Administrator shall provide or cause to be provided to the Executive an annual benefit statement showing benefits payable or potentially payable to the Executive under this Agreement. Each annual benefit statement shall supersede the previous year’s annual benefit statement. If there is a contradiction between this Agreement and the annual benefit statement concerning the amount of a particular benefit payable or potentially payable to the Executive under sections 2.2, 2.3, or 2.4 hereof, the amount of the benefit determined under this Agreement shall control.
Annual Benefit Statement. As promptly as practical after the end of each Plan Year the Plan Administrator will provide or cause to be provided to the Executive an annual benefit statement showing benefits payable or potentially payable to the Executive under this Agreement. Each annual benefit statement supersedes the previous year’s annual benefit statement. If there is a contradiction between this Agreement and the annual benefit statement concerning the amount of a particular benefit payable or potentially payable, the amount of the benefit determined under this Agreement controls.
Annual Benefit Statement. The Employer, SAHO or SHEPP shall, at minimum, provide each member of the above- noted Plans an annual statement. Such statements shall outline:
(a) Premiums paid by the Employee into each benefit plan.
(b) Benefit coverage under the Group Life Insurance, Long Term Disability Core Dental, Enhanced Dental and Extended Health.
(c) Total sick leave credits available to the Employee.
(d) Pension information including; projected pension at age of 65, projected pension at earliest retirement date without penalty and value of pre-retirement death benefit.
Annual Benefit Statement. The employer or shall provide each member of the above noted Plans an annual Employee Benefit Plan Statement. Such statement shall outline:
Annual Benefit Statement. The employer or SAHO shall provide each member of the above noted Plans an annual Employee Benefit Plan Statement. Such statement shall outline:
(a) Premiums paid by the employee into each benefit plan.
(b) Benefit coverage under the Group Life Insurance, Long Term Disability Core Dental, Enhanced Dental and Extended Health.
(c) Total sick leave credits available to the employee.
(d) Pension information including; projected pension at age of 65, projected pension at earliest retirement date without penalty and value of pre-retirement death benefit.
Annual Benefit Statement. The Company will provide an annual benefit summary report to each employee. In addition, the Company will provide up-to-date benefit summary booklets and/or alternative information resources (“Plan Summaries”), in hard copy or electronic form. The Plan Summaries are not incorporated into the Collective Agreement. Rather, the purpose of the Plan Summaries is to explain the basic elements of the plans in simple language as clearly as possible. There are various details, requirements and restrictions which can only be dealt with in the full text of the applicable plans, which will govern their actual administration and application.
Annual Benefit Statement. The Company will provide an annual benefit summary report to each employee.