SAR to Former Participants Recieving Benefits

[DTH]

ERISA requires the administrator to provide an annual SAR to each participant and to beneficiaries receiving benefits under the plan. ERISA section 3(7) defines participant as any employee or former employee of an employer ... who is or may become eligible to receive a benefit of any type from an employer benefit plan ...

So active participants and term deferred participants will receive the SAR. If a former participant is terminated and receiving a benefit paid from the plan's trust, does that individual get a SAR?

Thanks.

[david rigby]

Retirees also.