Summary plan description. A written statement required by ERISA that describes a plan in easy-to-read language. It includes a statement of eligibility, coverage, employee rights and claims appeal procedures. This guide is the summary plan description for your Northrop Grumman Health Plan.
A comprehensive description of plan benefits, eligibility provisions and all limiting factors, which is written in a manner that will be easily understood by the average employee.
See Software Product Description (SPD).
Summary Plan Description. A written statement of a plan of benefits in an easy-to-read format, including a statement of eligibility, coverage, member rights and appeal procedure. The SPD is often synonymous with a Benefit Fund's benefit book.
Summary Plan Description. A document containing specific information, such as covered benefits, about the health plan for self-funded groups. back to the top
Summary Plan Description. The SPD overview of the rules and benefits of a 401(k) plan. The DOL requires the plan administrator provide a copy of the SAR to each employee participating in the plan.
Summary Plan Description. A requirement of ERISA for a written statement of a plan in an easy-to-read form, including a statement of eligibility, coverage, employee rights and appeal procedures.
Summary Plan Description. See Evidence of Coverage
Single Programming Document (SPD) is the plan agreed between the European Commission on how Structural Funds will be spent in South Yorkshire. It incorporates a business plan or strategy outlining the Objectives of the Programme and a series of Priorities and Measures that outline the scope for projects which the Programme will fund.
Summary plan description. A summary of the benefit plan to be used as a reference tool. Summary plan descriptions are the first place to look for information when you have questions about benefits.
Summary Plan Description. A simplified and condensed summary of the terms of the plan which describes the benefits to which participants may be entitled.
Summary Plan Description. A description of the provisions in an employee benefit plan that is provided to plan participants (regardless of employer size) and the Labor Department.
Summary plan description. The legal document given to health plan members of self-funded plans describing the entire benefits package.
Summary Plan Document. The description of benefits under which the employer's self-funded health and welfare plan is administered.
Summary Plan Description - A summary plan description is an ERISA-required summary of the terms of an employer sponsored “welfare benefit plan” that must be furnished to all participants and COBRA beneficiaries.
SUMMARY PLAN DESCRIPTION. means this booklet.
Summary Plan Description. A written description of a benefit plan that defines eligibility, coverage, benefits, employee rights, and appeal procedures.
Summary Plan Description. a simplified but comprehensive description of the plan provisions and ERISA-related material that must be provided to participants and beneficiaries. The SPD must be revised every five years if there are material modifications—and every 10 years even if no changes were made.
Summary Plan Description. A document describing the features of an employer-sponsored plan. The primary purpose of the SPD is to disclose the features of the plan to current and potential plan participants. ERISA requires that certain information be contained in the SPD, including participant rights under ERISA, claims procedures and funding arrangements.
Summary plan description. A summary plan description is a document describing the features of an employer sponsored plan. The Employee Retirement Income Security Act (ERISA) requires that SPDs address several different aspects of the plan, such as participant rights.
Summary Plan Description for ERISA employee benefit plans.
Summary Plan Description. a document that ERISA requires be made available to participants and beneficiaries (and the DOL upon request). It must summarize the benefit plan in an easy-to-read format and cover key plan provisions.
Summary Plan Description. An overview of the rules and benefits of the retirement plan established by the company. The plan administrator is required by the Department of Labor to provide a copy of the summary plan description to each employee covered under the plan.
Supplementary Planning Document. SPDs are now issued to supplement and interpret policy in the UDP. A list of SPD' s, currently in draft form is at appendix 4.
Software Product Description. See SPD.
Software Product Description. The legal document that describes the software product. This document contains the precise product release level that comprises the product version and official product release date.
Summary Plan Description. In self-funded plans, a written explanation of the eligibility for and benefits available to employees required by ERISA.
See Summary Plan Description.
Summary Plan Description. The document required to be filed under the Employee Retirement Income Security Act (ERISA) for certain benefits programs.
summary plan description. a description of the entire benefits package available to an employee as required (under ERISA) to be given to people covered by self-funded plans
Summary Plan Description. (1) In the United States, a document required by ERISA to provide information about a pension plan to plan participants in simple language. The SPD must, among other requirements, identify the plan's administrator and those who are responsible for managing the plan's assets, must explain the plan's eligibility requirements and the circumstances under which a plan participant could forfeit his or her benefits under the plan, and must explain the procedures for making claims under the plan. (2) In the United States, a description of various aspects of a group insurance plan which must be provided to all plan participants and to the Department of Labor.