Nebraska Statutes 13-1621. Plan sponsor; contributions; when
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If the fund established pursuant to section 13-1619 is not adequate to fully cover all disbursements under the self-funded portion of the employee benefit plan, the plan sponsor shall contribute funds from other sources so that the employee benefit plan continues to comply with the Political Subdivisions Self-Funding Benefits Act.
Terms Used In Nebraska Statutes 13-1621
- Employee benefit plan: shall mean a plan provided pursuant to section Nebraska Statutes 13-1607
- Plan sponsor: shall mean any political subdivision providing an employee benefit plan. See Nebraska Statutes 13-1611