Jump to content

one plan document/multiple spds


Guest IRVING

Recommended Posts

Guest IRVING

Is it permissible to have a single plan document covering different groups or classes of employees and then give each group or class an spd that only includes their benefits?

Example: Plan Document contains 4 benefits schedules for five classes of employees as well as other different benefits.

Can the different classes get an spd that does not include anything but their benefits?

Class 1 has best benefits down to Class 4 which has least benefits.

Link to comment
Share on other sites

Guest matthew222

Yes, it's permissable to have different SPD's for different classes and I would have to say it's highly recommended, especially if there's a large disparity in benefits. Class I doesn't need to know Class IV's benefits and vice versa. It's also possible to have 1 SPD and separate riders for each of the classes. This might seem more logical depending on how you're distributing it.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...