[§87D-3]  Summary plan description. 
(a)  Each summary plan description provided under this chapter shall be written
in a manner calculated to be understood by the average plan participant, and
shall be sufficiently accurate and comprehensive to reasonably apprise
participants and beneficiaries of their rights and obligations under the plan. 
A summary of any material modification in the terms of the plan shall be
written in a manner calculated to be understood by the average participant.



(b)  The summary plan description shall contain
the following information:



(1)  The name and type of administration of the plan;



(2)  In the case of a group health plan, whether a
health insurance issuer is responsible for the financing or administration
(including payment of claims) of the plan and if so, the name and address of
such issuer;



(3)  The name and address of the person designated as
agent for the service of legal process, if such person is not the
administrator;



(4)  The name and address of the administrator;



(5)  The names, titles, and addresses of any trustee
or trustees;



(6)  A description of the relevant provisions of any
applicable collective bargaining agreement;



(7)  The plan's requirements respecting eligibility
for participation and benefits;



(8)  Circumstances that may result in
disqualification, ineligibility, or denial or loss of benefits;



(9)  The source of financing of the plan and the
identity of any organization through which benefits are provided;



(10)  The date of the end of the plan year and whether
records of the plan are kept on a calendar, policy, or fiscal year basis; and



(11)  The procedures to be followed in presenting
claims for benefits under the plan and the remedies available under the plan
procedures.



The summary plan description shall contain any
other information required under Title 29 United States Code sections
1001-1191, as amended, and related regulations. [L 2005, c 245, pt of §2]