Page 132 - 2022 Washington Nationals Flipbook
P. 132

MLB LWIP & Nationals Welfare
                                                                  Plans and Summary Plan Description

    CONTINUATION COVERAGE RIGHTS UNDER COBRA

         COBRA Contact:

         The Standard
         One Gateway Center
         Pittsburgh, PA 15222
         1-800-668-7098

LIFE INSURANCE BENEFITS

    ELIGIBILITY TO PARTICIPATE

         Eligible Employees: All active L.L.C. owner-employees or non-seasonal employees of
         the Nationals regularly working a minimum of 35 hours per week other than employees
         covered under the Major League Baseball Players Benefit Plan or the Minor League
         Baseball Health and Welfare Plan who have a life benefit of $80,000 or greater under one
         of those plans (“Full-Time Employees”).

         Child:
          children (including your natural born children, adopted children, or step-children

             living with you) under age 25; and
          disabled dependent children age 25 and older, if covered by this program (or a prior

             program) upon attainment of age 25.

         Insurance Effective Date: January 1, 2015

         New Hire Effective Date: Coverage will become effective on the first of the month
         coinciding with, or next following, 30 consecutive days of regular Full-Time
         employment.

    CESSATION OF PARTICIPATION

         The date on which you terminate employment or, if earlier in the case of additional
         coverage that you elect, the last day of the period for which required contributions are
         made.

    ELECTIONS AND CONTRIBUTIONS

         Basic coverage is provided at no cost to you. You are required to contribute towards the
         cost of the additional coverage you elect at the rates established each year by the
         Nationals.

    BENEFITS
         In general, this program pays your beneficiary two times your annual earnings, up to a
         maximum of $80,000, upon your death. If you are covered under the Major League

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