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<br />RETAIN BOOKLET <br /> <br />Internal Revenue Service <br /> <br />Department of the Treasury <br /> <br />Index Number: 115.02-00 <br /> <br />Washington, DC 20224 <br /> <br />Contact Person: <br /> <br />t> <br /> <br />Telephone Number: <br /> <br />In Reference to: <br />CC:DOM:FI&P:2 PLR-116685-99 <br /> <br />Date: <br />December 28, 1999 <br /> <br />City <br /> <br />Trust = <br /> <br />State = <br /> <br />Dear <br /> <br />This is in response to a letter dated October 12, 1999, and <br />prior correspondence, requesting a private letter ruling that <br />Trust is an integral part cf City. <br /> <br />FACTS <br /> <br />City is a political subdivision of S:ate. City currently <br />maintains one or more post-retirement welfare benefit plans <br />(collectively, the "Plan") that provide its eligible employees <br />("Participants") and their beneficiaries ("Beneficiaries") with <br />life, sickness, medica:, disability, severance and other similar <br />benefits through insurance and self-funded reimbursement plans. <br /> <br />City intends to establish Trust to hold assets and income of <br />the Plan for the exclusive benefit of Participants and their <br />Beneficiaries. <br /> <br />Trust's Declaration defines "Beneficiaries" ~c ~~clude a <br />Participant's spouse, any child of the Participan~ or the <br />Pa:?:"ticipant's spouse who is a mino:?:" or a student within the <br />meaning of section 151 (c) (4) of the Internal Revenue Cede, ii;.y <br />ether minor child residing wich che Parcicipant, and any ctier <br />individual who is a person described in section 152(a) of the <br />Code. Death benefits may be provided to any Beneficiary <br />designated by a Participant under the terms of a death benef:: <br />F~JgYam O~ an i~surance co~t~ac~ fo~mi~g pa~: of ~~e P~~~. _~~~: <br /> <br />13 <br />