Summary Plan Description

Definitions

Unless otherwise defined below, the terms in the Glossary apply to this section.

  1. Dependent means:
    1. A participant's or retiree's legal spouse; or
    2. A participant's or retiree's unmarried dependent child as defined in Dependent Eligibility and Enrollment and who also qualifies as a dependent under Internal Revenue Code §152, as modified by §105(b).
  2. Eligible expense means a portion of the monthly contribution required from an individual to maintain Retiree Coverage, COBRA Coverage following Retiree Coverage or COBRA Coverage following dollar bank eligibility.
  3. Employee means a "carpenter, employee or participant" as defined in Glossary, provided that for purposes of this section, an employee does not include a self-employed person, whether a sole proprietor or partner, or spouse of a self-employed person, whether a sole proprietor or partner or more than a 2% Sub-Chapter S corporation shareholder. Members of an LLC, and spouses of members of an LLC, are eligible to participate, provided the LLC elected to be treated as a corporation on Treasury Form 8832.
  4. Retiree means a "retired carpenter or retiree" as defined in Retiree Eligibility and Enrollment, provided that for purposes of this section, a retiree does not include a self-employed person, whether a sole proprietor or partner, or spouse of a self-employed person, whether a sole proprietor or partner or more than a 2% Sub-Chapter S corporation shareholder. Members of an LLC, and spouses of members of an LLC, are eligible to participate, provided the LLC elected to be treated as a corporation on Treasury Form 8832.