However, we didn't see meaningful results until we were able to convert our Voluntary Employees Beneficiary Association
trust relationship to Colorado's Boards of Education Self-Funded Trust pool--and then partner with Penrose-St.
68 million in assets he had taken from the Regional Employers Assurance Leagues Voluntary Employees Beneficiary Association
and the Single Employer Welfare Benefit Plan Trusts.
Texas regulators shut down Britannia International Life & Casualty for selling unauthorized stop-loss coverage to employers through two plans that were shut down in March 2002 for being illegal: American Benefit Plans and United Employers Voluntary Employees Beneficiary Association
It is 501(c)(9) Tax Exempt Trust, commonly referred to as the Voluntary Employees Beneficiary Association
Tax Court held that contributions made by an employer to its voluntary employees beneficiary association
(VEBA) for post-retirement medical and life insurance benefits were not deductible because the amounts contributed were spent the following year on benefits for active employees and did not constitute a "reserve" for retiree benefits.
Although they have been in existence since 1928, Voluntary Employees Beneficiary Associations
(VEBA) are not well known or understood.