The Trust maintains Individual Accounts, generally for the transfer of sick or vacation leave to the Trust. The expenses covered from an Individual Account are the same as for the monthly lifetime benefits, i.e., reimbursement of “Covered Expenses” (see Part B). However, there are two important differences:
- The claim can be in any amount up to the amount in the Individual Account; and
- Claims are paid only until the Individual Account balance is exhausted (not for lifetime).
