COBRA Premium Payment

Example Definitions of "COBRA Premium Payment"
COBRA Premium Payment. An amount equal to 24 months of the Participant's COBRA Premiums, plus an amount equal to the aggregate federal, state and local taxes imposed on such COBRA Premiums, plus any taxes imposed on that amount, so that the Participant on an after-tax basis is in the same position as it there had been no taxes imposed on the Participant with respect to the COBRA Premiums
All Definitions