Membership

Eligibility

Every Priest, as defined previously, shall become a Member of the Plan.

Persons not eligible for membership are:

1. Priests “on faculties” only, serving without a written official assignment in the Diocese of Palm Beach.

2. Persons rendering voluntary service only.

In addition, the following provisions apply:

1. Participation for eligible Priests is mandatory.

2. No member shall be permitted to withdraw from the Plan, except by retirement, disability, death or termination of employment.

3. There is no minimum or maximum age limitation, nor is there any waiting period.

4. No employee contributions are required or permitted.

Designation of Beneficiary

Beneficiary means the person(s) entitled to receive any benefits hereunder at the death of a Member and who has been designated by the Member in writing and filed with the Plan Administrator.  If no such designation is in effect at the time of a Member’s death, or if no person so designated is living at the time, the Board shall have the authority to designate as beneficiary(s) the heirs at law.

A Member should promptly designate and maintain on an up-to-date basis a beneficiary designation for any death or survivor’s benefits under the Plan.  A signed copy of all completed forms must be filed with the Plan Administrator.

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