Welfare Summary Plan Description

14.2 COBRA CONTINUATION COVERAGE

Under the Consolidated Omnibus Budget Reconciliation Act (known as COBRA), a Participant may continue the Plan's health benefits past the date coverage would normally end under certain circumstances called "Qualifying Events." In order to receive COBRA, a Participant must file a timely application following the Qualifying Event and make monthly self-payments directly to the Administrative Office. This summarizes Participants' COBRA rights and obligations.