Freddie Mac 2014 Annual Report Download - page 310

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(b) Delegate to designated employees or departments of the Corporation the
authority to perform such of the Administrator’s administrative duties hereunder as may
be delegated to such employees or departments.
Pursuant to this authority and subject to the right of the Administrator to revoke such delegations
in writing at any time, the recordkeeping responsibilities (including the determination to change
the measure of Deemed Earnings under Section 4.4) are hereby delegated to the executive in
charge of the Human Resources Division of the Corporation and/or such employees of that
Division as that executive shall designate.
6.2 Cost. The Corporation shall pay the costs of administering the Plan.
6.3 Claims Procedure. The Claims Administrator shall determine Participants’ and
Beneficiaries’ eligibility and rights to benefits under the Plan. In the event that a Participant or
Beneficiary does not receive any Plan benefit that is claimed, such Participant or Beneficiary
shall be entitled to consideration and review as provided in this Section 6.3. Such consideration
and review shall be conducted in a manner designed to comply with ERISA section 503. The
Claims Administrator shall be the Administrator, or a committee or an employee of the
Corporation, designated as Claims Administrator by the Administrator. The Claims
Administrator shall establish claims procedures for processing all claims for benefits under the
Plan, including the review of denials or partial denials of claims.
(a) Claim in Case of Dispute. In the event of a dispute over benefits, a
Participant or Beneficiary may file a written claim with the Claims Administrator
provided that such claim is filed within 60 days after the “Notice Date.” For this purpose,
“Notice Date” means:
(i) in the case where benefits are paid as a lump sum, the date of
payment of such lump sum;
(ii) in any case where the Plan (prior to the filing of a claim for
benefits) determines that an individual is not entitled to benefits and the Plan
provides written notice to such individual of its determination, the date of the
individual’s receipt of such notice; or
(iii) in any case where the Plan provides an individual with a written
statement of his or her Account as of a specific date, the date of the individual’s
receipt of such notice.
(b) Denial of Appeal. In the event of a denial or partial denial of a claim upon
review, the claimant may commence civil action under ERISA section 502(a). A claim
or action:
(i) to recover benefits allegedly due under the provisions of the Plan
or by reason of any law, or
(ii) to enforce rights under the Plan, or