Definitions for "summary plan description"
Keywords:  spd, erisa, recap, dol, appeal
SPD. A document containing a comprehensive description of a retirement plan,...
The document that contains the legal and administrative information pertaining to employee benefits. It will provide coverage effective and termination dates, and specific provisions, contingincies and exclusions. There will also be more complete information on the employer's defined benefit and defined contribution plans. There is also information on individual rights and how to protest, recover or appeal determinations that effect your benefits.
A document that explains the fundamental features of an employer's defined benefit or defined contribution plan, including eligibility requirements, contribution formulas, vesting schedules, benefit calculations, and distribution options. ERISA requires that the SPD be easy to understand and that each participant receive a copy within 90 days of joining the plan.
Keywords:  booklet, means
means this booklet.
See Evidence of Coverage
legal document detailing a member's or group's coverage.