This is the legal and reporting period for a benefit plan. For:
- Medical (including prescription drugs), dental, vision, Flexible Spending Accounts (FSAs), Life Insurance, Accidental Death and Dismemberment (AD&D) Insurance, Spouse Life Insurance, Child Life Insurance, Long-Term Disability (LTD) and the Employee Assistance Program (EAP), the plan year is July 1 through the following June 30.
- “TRU” Partnership Employees’ Savings and Profit Sharing Plan (“TRU”Plan), the plan year is the 12-month period beginning on January 1 and ending on December 31.
The dental plan uses the calendar year to determine your deductible and out-of-pocket maximums.
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