employer sponsored definition
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- Standard employer-sponsor. (2) If an employer so contributes, or would contribute, wholly or partly pursuant to an arrangement between the employer and a trustee of the regulated superannuation fund concerned, the employer is a standard employer-sponsor of the fund (as well as being an employer-sponsor of the fund).
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What is Employer Sponsored Coverage? What is Employer Sponsored Coverage? The term employer-sponsored coverage refers to health insurance obtained through an employer -- the most common way Americans get insurance. Employer-sponsored coverage includes not only insurance for current employees and their families, but can also include retired employees. Further, federal law gives former employees the right to stay on their employer's health insurance, at their own expense, for a time after leaving a job. That, too, is employer-sponsored coverage.
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Sponsor (commercial) Sponsorship is a cash and/or in-kind fee paid to a property (typically in sports, arts, entertainment or causes) in return for access to the exploitable commercial potential associated with that property, according to IEG.
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What Is the Definition of an Employer? An Employer Provides Work for Employees. An employer is an organization, institution, government entity, agency, company, professional services firm, nonprofit association, small business, store, or individual who employs or puts to work, a person who is called an employee.
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TV can be good for you I used to laugh and say, 'I did 25 years of research on children in television, and I can summarize it in one sentence: It's the content that matters,' says Aletha Huston, a professor of child development at the University of Texas. If used correctly, television can be a wonderful medium for kids.hat's the good news about the boob tube. There's certainly bad, including the warning that there's no two-dimensional screen that can equal a three-dimensional caregiver, says Dr. Donald Shifrin, the American Academy of Pediatrics spokesman on the impact of media on children.
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employer Related Terms. A legal entity that controls and directs a servant or worker under an express or implied contract of employment and pays (or is obligated to pay) him or her salary or wages in compensation. Bill had to hire a new employer because his old employer could not follow the rules and released him from his position. 18 people found this helpful People who have issues respecting authority can have difficulty holding onto jobs for long, because that disrespect can cause conflict with their employer
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Chapter 13 - Group Health Insurance Employers are the most common sponsors of group insurance. The employer may contract with an insurance company, HMO, or PPO to provide for payment of direct health care expenses, or may hire a Third Party Administrator to manage claims and other aspects of a self-funded plan.
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What is a 'Multiple Employer Welfare Arrangement (MEWA)' DEFINITION of 'Multiple Employer Welfare Arrangement - MEWA' An arrangement where a group of employers pool their contributions in a self-contributing benefits plan for their employees. The employers make contributions into the plan based on the number of employees they have and the estimated costs associated with each employee.
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employer-sponsored plan employer-sponsored plan, n a program supported totally or in part by an employer or group of employers to provide dental benefits for employees. The plan may be administered directly by the employer or another person or group under a contractual arrangement. Part of the cost may be borne by the employee.
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4 Types of Retirement Plans and Employer-Sponsored Plans 1 Employer-sponsored Plans: The two types of employer-sponsored retirement plans are qualified and non-qualified retirement plans.  Qualified retirement plans meet the Internal Revenue Code requirements and the Employee Retirement Income Security Act of 1974 (ERISA) requirements.
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- Employers that sponsor self-insured plans for their workers carry the risk of health care claims directly and manage claims payments as cash flow. However, they often hire a third party administrator or administrative services organization to handle these payments.
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Sponsor Sponsor or sponsorship may refer to a person or organization with some sort of responsibility for another person or organisation: 1  Sponsor (commercial), supporter of an event, activity, or person.  Sponsor (legislative), a person who introduces a bill.
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Key Facts: Employer-Sponsored Coverage and Premium Tax Credit Eligibility Employer-sponsored coverage is considered to be affordable to the employee if the contribution the employee is required to pay is less than 9.66 percent of the employee’s household income in 2016, regardless of the cost to cover family members. If coverage is affordable and meets minimum value, the employee is not eligible for premium tax credits.
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- Employer-Sponsored Group Plans. Group Health has new plans for 2016 that offer small group employers value, choice, and quality. Options include level of coverage, provider network, and how costs are shared between plan members and the health plan. See Certificate of Coverage documents.
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- DEFINITION of 'Matching Contribution'. A type of contribution an employer chooses to make to his or her employee's employer-sponsored retirement plan. The contribution is based on elective deferral contributions made by the employee. Next Up.
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Self-funded health care Self-funded health care also known as Administrative Services Only (ASO) is a self insurance arrangement whereby an employer provides health or disability benefits to employees with its own funds.
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What Is the Definition of an Employer? An employer is an organization, institution, government entity, agency, company, professional services firm, nonprofit association, small business, store, or individual who employs or puts to work, a person who is called an employee.
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Online Employer Online Employer is a comprehensive resource center for Employers, Employees, Providers and others wanting to improve their administrative operations. From payroll to HR and time tracking, our services are delivered faster, accurately, confidentially and most importantly, personally.
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What is Self Funding? What is Self Funding? Self Funded Plans. A self funded healthcare plan, sometimes referred to as a self insured, or partially self funded healthcare plan, is a healthcare plan in which the employer assumes the financial responsibility for providing health care benefits to its employees.
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Services News Government LocalLocation A policy issued to an employer, or to the trustees of a fund established by an. employer, which employer or trustees shall be deemed the policyholder, to insure. employees of the employer for the benefit of persons other than the employer, subject. to the following requirements:
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- Can your bum knee really predict the weather? Business - October 10, 2017, 4:49:15 PM EDT Your grandfather might have sworn otherwise, but the changing weather forecast may not be to blame for stiff, achy joints. 7 ways the weather can affect your skin Business - October 10, 2017, 4:51:14 PM EDT
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- DEFINITION of 'Matching Contribution'. A type of contribution an employer chooses to make to his or her employee's employer-sponsored retirement plan. The contribution is based on elective deferral contributions made by the employee.
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- Employer-sponsored child care can benefit employees, and thereby benefit employers, by making employees: 1  Feel they are more productive at work. 2  Feel their company is supportive of them and their work/life balance. 3  Be less likely to leave their job to pursue other opportunities.
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- A related party of your SMSF broadly includes any other member of the SMSF, an employer that contributes to the fund by agreement (“standard employer-sponsor”), your relatives, partners, and companies where the member or standard employer-sponsor controls or significantly influences the company. related party of your SMSF broadly includes any other member of the SMSF, an employer that contributes to the fund by agreement (“standard employer-sponsor”), your relatives, partners, and companies where the member or standard employer-sponsor controls or significantly influences the company.
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New Employer Industry Rate New Employer Industry Rate. A “new employer” is an employer who: 1  has not been a covered employer throughout the entire three fiscal years ending September 30, 2014 (October 1, 2011 through September 30, 2014) and. 2  has paid more in contributions than the amount of benefits charged to the employer’s account.
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EMPLOYER Dictionary entry overview: What does employer mean? • EMPLOYER (noun) The noun EMPLOYER has 1 sense: 1. a person or firm that employs workers Familiarity information: EMPLOYER used as a noun is very rare.