Guest JD698 Posted May 14, 2003 Posted May 14, 2003 We have two separate plans, one is a health fund providing health, prescription and life insurance benefits. the other plan offers legal services, dental and optical. All are funded solely by employer contributions. What are the ramifications, if any, of merging dental and optical into the health plan? Can assets be transferred? Any help is appreciated.
E as in ERISA Posted May 15, 2003 Posted May 15, 2003 You have not described the current funding mechanism for the plans -- general assets of the employer, taxable trust, VEBA trust, insurance arrangements?
Guest JD698 Posted May 15, 2003 Posted May 15, 2003 The Plan is funded by employer contributions (general assets of the employer). There are no employee contributions.
E as in ERISA Posted May 15, 2003 Posted May 15, 2003 If there are no assets, then transfer of assets is not an issue.
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