Alternate Recipient definition
Examples of Alternate Recipient in a sentence
The Alternate Recipient shall be considered a Participant of the Plan for purposes of the reporting and disclosure requirements of Part 1 of ERISA.
A payment of benefits to an official of a State or political subdivision thereof whose address has been substituted for the address of the Alternate Recipient, shall be treated as payment of benefits to the Alternate Recipient for purposes hereof.
Within a reasonable period after receipt of such order, the Plan Administrator shall determine whether such order is a Qualified Medical Child Support Order and notify the Participant and each Alternate Recipient of such determination.
Mailing benefit checks to the Alternate Recipient or designated custodial parent or court appointed guardian when required under the terms of the Plan and the MCSO.
Notwithstanding any other Plan restrictions or criteria set forth above, even if a Account Beneficiary continues to be an Employee of the Employer or that the Alternate Recipient does not meet the eligibility criteria under Section 7.2(b)(2) set forth above, a binding domestic relations order may require distribution of all or a portion of the Account Beneficiary’s Health Savings Account or maintenance of a portion of the Health Savings Account on the Alternate Recipient’s behalf.