Examples of ERISA Notice in a sentence
Furnished a copy of the ERISA Notice, without charge, upon request to any participant covered under the plan or beneficiary receiving benefits to whom no copy of the Notice had been previously furnished.
Furnished a copy of the ERISA Notice, without charge, upon request to any participant covered under the plan or beneficiary to whom no copy of the Notice had been previously furnished.
As in the case of welfare plans, the ERISA Notice is not required to be filed with the Department, although it must be made available to the Department upon request.Plans subject to Part I, Title I on and after December 2,1976 must file and fur nish a summary plan description within 120 days after becoming subject to Part1.
The ERISA Notice must be furnished within 90 days of the date on which a person becomes a covered participant, or bene ficiary receiving benefits, but need not be furnished to any person who becomes a covered participant or beneficiary receiv ing benefits within 120 days before the date by which the plan must furnish its initial summary plan description.
The plan administrator may de liver copies of the ERISA Notice to em ployers whose employees are participants covered Under the plan, to employee or ganizations whose members are partici pants covered under the plan, or to both, in sufficient quantity and with sufficient frequency to enable such employers or employee organizations to furnish them to participants within 99 days after they become participants covered under the plan.
As in the case of plans subject to Part 1, Title I on or before March-2, 1976, the plan which becomes subiect to Part 1, Title I after March 2, 1976 but before December 2, 1976 must also furnish an ERISA Notice to those who later become covered participants or 'beneficiaries receiving benefits.
The plan administrator may de liver copies of the ERISA Notice to em ployers whose employees are participants covered under the plan, or employee or ganizations whose members are partici pants covered under the plan, or to both, in sufficient quantity and sufficiently in advance of May 30, 1976, to enable such employers or employee organizations to furnish them to employees or members who are participants covered under the plan by that date.
The administrator of a pension plan who elects to defer compliance with the requirements described in paragraph(b) (1 ) or (b) (2 ) is not required to file a copy of the ERISA Notice with the Secretary; however, such Notice mustments that apply on and after May 30,(iii) Furnishes a copy of the ERISAbe furnished to the Secretary upon re1976 is provided for employee pension benefit plans described in and meeting the conditions of paragraph (b).
Such plan must also furnish an ERISA Notice within 90 days to each employee who attains the status of par ticipant-covered under the plan after the plan becomes subject to Part 1.
In instances where the plan ad ministrator relies on employers or em ployee organizations to perform duties relating to the distribution of the ERISA Notice to participants covered under the plan, the plan administrator should take whatever steps are necessary and feas ible under the circumstances to ensure that employers or employee organiza tions actually perform those duties.