Legal Dictionary of Pakistan

summary plan description

Under ERISA, an outline of an employee benefit plan, containing such information as the identity of the plan administrator, the requirements for eligibility and participation in the plan, circumstances that may result in disqualification or denial of benefits, and the identity of any insurers responsible for financing or administering the plan. ( A summary plan description must generally be furnished to all employee-benefit-plan participants and beneficiaries. 29 USCA § 1022.