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Download as PDF; Printable version; In other projects ... Fraternal Insurance Counselor Fellow ... Certified Employee Benefits Specialist: CEBS
Download as PDF; Printable version; ... Pages in category "Employee benefits" ... Accidental death and dismemberment insurance;
In the United Kingdom, employee benefits are categorised by three terms: flexible benefits (flex) and flexible benefits packages, voluntary benefits and core benefits. "Core benefits" is the term given to benefits which all staff enjoy, such as pension, life insurance, income protection, and holiday.
[1] [2] A VEBA cannot, however, provide commuter benefits, miscellaneous fringe benefits, or retiree income. [2] The plan may pay benefits to employees, their dependents, or their designated beneficiaries, or to disabled, laid-off, or retired former employees. [1] [2] The organization must also meet the following additional requirements:
LOMA administers a series of designation programs. The Fellow, Life Management Institute (FLMI) designation program, awards the FLMI designation to individuals who pass a series of 10 examinations; these insurance-focused examinations cover insurance, accounting, marketing, information systems, finance, law, management, and computers. [6]
Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage (up to US$50,000) (and employer-provided meals and lodging in-kind, [22]) may be excluded from the employee's gross income and, therefore, are not subject to federal income tax in the United States. Some function as tax shelters (for example ...
Section 514(b)(6)(A)(ii) [14] of ERISA provides that in the case of an employee welfare benefit plan that is a MEWA, any law of any state that regulates insurance may apply to the extent not inconsistent with Title I of ERISA. Accordingly, if a MEWA is self-funded rather than fully insured, the only limitation on the applicability of state ...
However, they can be customized to offer benefits by designation and profile of employees. Most professionally run companies today provide group health insurance as a part of their Employee Welfare programs. Each company, however, gets the plan customized based on the employee demographics.