§ 9-3-448 — Summary plan description

Wyoming § 9-3-448

• Jurisdiction: Wyoming
• Title 09: Administration of the Government
• Ch. 3: COMPENSATION AND BENEFITS
• Art. 4: RETIREMENT

Text

(a) A summary plan description and a summary description
of modifications or changes under W.S. 9-3-445(a)(ii) shall be
written in a manner calculated to be understood by the average
participant and be accurate and sufficiently comprehensive
reasonably to inform the participants and beneficiaries of their
rights and obligations under the retirement program.
(b) A summary plan description shall contain:
(i) The name of the retirement program and system and
type of administration;
(ii) The name and business address of the
administrator;
(iii) The name and business address of each agent for
service of process;
(iv) Citations to the governing law of the retirement
program and system;
(v) A description of the program's requirements
respecting eligibility for participation and benefits;
(vi) A description of the program's provisions
providing for nonforfeitable benefits;
(vii) A description of circumstances that may result
in disqualification, ineligibility or denial or loss of
benefits;
(viii) A description of the benefits provided by the
program, including the manner of calculating benefits and any
benefits provided for spouses and survivors;
(ix) The source of financing of the program;
(x) The identity of any organization through which
benefits are provided;
(xi) The date the fiscal year ends;
(xii) The procedures to claim benefits under the
program and the administrative procedures available under the
program for the redress of claims that are denied in whole or in
part; and
(xiii) Notice of the availability of additional
information pursuant to W.S. 9-3-445(b) and (c), 9-3-446(b) and
(c) and 9-3-447.