Page 58 - 2023 Hickory Crawdads - Benefits Guide_Neat
P. 58

The Board and/or your Employer may in its sole discretion require proof of dependent status,
                   including but not limited to affidavits attesting to dependent child status.

                   Domestic  Partner  Coverage.    You  may  also  cover  your  domestic  partner  and  their
                   dependents.    Generally,  domestic  partners  are  defined  as  couples  who  are  unmarried  and
                   unrelated, share a residence, and are emotionally and financially interdependent.  In order to
                   obtain domestic partner coverage, you and your partner are required to complete an affidavit.
                   If you elect domestic partner coverage, under current federal tax laws, you may have taxable
                   income equal to the value of the coverage.  Although this income is not actually received by
                   you in your paycheck, it is taxable to you and must be reported as income on your Form W-2.
                   Contact your employer for information regarding domestic partner benefits.


               CESSATION OF PARTICIPATION

                   In general, coverage under the Plan ends upon the last day of the month in which the first to
                   occur of the following:

                      the date you terminate employment with your Employer;
                      the date your Employer ceases to participate in the Plan, including by virtue of ceasing to
                       be a member of Minor League Baseball;
                      the date  all coverage or coverage  for  certain  benefits  is  terminated  for  your  particular
                       employment classification, due to a modification of the Plan;
                      the  last  day  of  the  last  period  for  which  any  required  contribution  toward  the  cost  of
                       coverage was made;
                      the date you cease to be eligible for all coverage or coverage for certain benefits provided
                       that:
                          o for dependent children who attain age 26, coverage terminates on the first day of
                              the month following the month in which they turn 26; and
                          o for  an  employee  who  is  otherwise  ineligible  under  the  Plan  but  was  offered
                              medical  coverage  solely  on  the  basis  of  his  or  her  “full-time  employee”  status
                              under  the  ACA  and  not  the  Plan’s  general  eligibility  rules,  coverage  will
                              terminate on the last day of the stability period for which the covered employee
                              was determined to be a “full-time employee” under the ACA during a preceding
                              measurement period (as determined by the Board in accordance with 26 C.F.R §
                              54.4980H-3);
                      the date you cease to be an active employee for any reason, except for absences covered
                       by vacation or sick leave; or
                      the date the Plan terminates.


                   Under  certain  circumstances,  your  coverage  under  the  Plan  may  continue  after  the  date
                   coverage  would  otherwise  end.    Please  see  the  section  of  this  booklet  entitled
                   CONTINUATION OF COVERAGE UNDER COBRA for details.  In addition, your Employer may
                   continue coverage during certain periods of absence, such as a leave of absence under the
                   Family and Medical Leave Act of 1993, military leave, or disability in accordance with its
                   written personnel policies and practices.  Your Employer may require contributions during
                   periods of absence in accordance with its personnel policies and practices.






              DB1/ 115054502.5                                                                              3
   53   54   55   56   57   58   59   60   61   62   63