Originally Posted by
Otterbox
Unfortunately unspent money doesn’t get passed on when the employee and eligible spouse die. It goes back to the company.
Sorry but that is completely wrong.
“upon the death of the pilot, the funds in the RHA/VEBA can only be used by the surviving spouse and dependent children. If there is not a surviving spouse or there are no eligible dependents, remaining money in the pilot’s RHA/VEBA account is lost and reallocated to current RHA/VEBA plan participants. “