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Table of Contents Section 1. Eligibility and Guidelines .......................................................................................................... 1 18 Active Employees ...............................................................................................................................................
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What is summary plan description?
A summary plan description is a document provided by an employer-sponsored benefit plan that explains the plan's terms and conditions in a way that is easy for participants to understand.
Who is required to file summary plan description?
Employers sponsoring benefit plans subject to ERISA are required to provide a summary plan description to plan participants.
How to fill out summary plan description?
To fill out a summary plan description, employers must provide information about the plan's eligibility requirements, benefits, claims procedures, and other important features.
What is the purpose of summary plan description?
The purpose of a summary plan description is to communicate important information about an employer-sponsored benefit plan to participants in a clear and understandable manner.
What information must be reported on summary plan description?
A summary plan description must include details about the plan's coverage, eligibility criteria, claims procedures, and any other important information that participants need to know.
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