Pursuant to their authority as set out in the Plan Document, the Trustees hereby adopt the following Regulation regarding the handling of continuation benefits under USERRA.
WHEREAS pursuant to USERRA the Plan of Benefits provides that a participant entering the Armed Services for a period expected to be in excess of thirty (30) days is entitled to continuation coverage for up to 24 months or such shorter time as required by USERRA at a maximum cost of 102% of the cost to the Fund; and
WHEREAS the Fund is required to establish procedures for notice of coverage including the time for the individual to elect continuation coverage and the time by which premiums must be paid; and
WHEREAS the Fund may adopt procedures that are the same as the Fund’s procedures for continuation coverage under COBRA.
The Trustees hereby adopt the following regulation:
All the procedures for the handling of continuation coverage under USERRA, including premium costs and notice and payment periods, shall be the same as for continuation coverage under COBRA except that the maximum length of USERRA continuation coverage shall be as set out in USERRA.