Guest David M Posted October 15, 2003 Share Posted October 15, 2003 Does anyone have any experience with or thoughts about coordinating a VEBA and a 401(h) account in a pension plan with respect to funding retiree welfare benefits? Link to comment Share on other sites More sharing options...
vebaguru Posted October 17, 2003 Share Posted October 17, 2003 Does the VEBA provide a reimbursement benefit (HRA), or a guaranteed medical (indemnity) benefit? Generally, it the VEBA provides an HRA, the COB rules in both documents need to spell out the order of payments. If the VEBA is simply a self-funded health plan (of the employer, union, etc.) the COB rules in the 401(a) plan should stipulate that those reimbursement amounts are payable only after proceeds from all health plans or health insurance policies. Link to comment Share on other sites More sharing options...
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