[Code of Federal Regulations]

[Title 20, Volume 1]

[Revised as of April 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 20CFR323.4]



[Page 558-559]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 323_NONGOVERNMENTAL PLANS FOR UNEMPLOYMENT OR SICKNESS INSURANCE

--Table of Contents

 

Sec.  323.4  Guidelines for content of a nongovernmental plan.



    At a minimum, a nongovernmental plan for unemployment or sickness 

insurance should contain the following features:

    (a) The title of the plan (e.g., Supplemental Unemployment Benefit 

Plan or Supplemental Sickness Benefit Plan);

    (b) A statement of purpose, such as the following:



    There is hereby established a nongovernmental plan for (unemployment 

insurance) (sickness insurance) [specify which one] within the meaning 

of section 1(j) of the Railroad Unemployment Insurance Act. The purpose 

of this plan is to supplement the benefits that an eligible employee may 

receive under that Act and not to replace or duplicate such benefits. 

Payments under this plan are designed as one of the benefits of 

employment with [name of employer] and are not intended as pay for time 

lost or any other form of remuneration for services rendered as an 

employee;



    (c) A statement as to which class or craft of employees, or other 

specified group of employees, is covered by the plan;

    (d) The criteria governing a particular covered employee's 

eligibility for supplemental benefits under the plan;

    (e) The dollar amount of supplemental benefits payable on a periodic 

basis to an eligible employee, the duration of supplemental benefits, 

how such benefits will be computed, and the conditions under which an 

employee will



[[Page 559]]



be disqualified or benefit payments reduced or terminated; and

    (f) The identity of the plan administrator and the procedure by 

which a covered employee may claim supplemental benefits under the plan, 

including forms to be filed (if any), how to file, the time limit for 

filing, and how an employee may appeal from a denial of supplemental 

benefits.