MoneyGram 2005 Annual Report Download - page 116

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SECTION 10
DETERMINATIONS — RULES AND REGULATIONS
10.1. Determinations. MGI shall make such determinations as may be required from time to time in the administration of this Plan. MGI shall have the
discretionary authority and responsibility to interpret and construe the Plan Statement and to determine all factual and legal questions under this Plan,
including but not limited to the entitlement of Participants and Beneficiaries, and the amounts of their respective interests. Each interested party may act and
rely upon all information reported to them hereunder and need not inquire into the accuracy thereof, nor be charged with any notice to the contrary.
10.2. Method of Executing Instruments. Information to be supplied or written notices to be made or consents to be given by MGI or any other person
pursuant to any provision of the Plan Statement may be signed in the name of MGI by any officer or other person who has been authorized to make such
certification or to give such notices or consents.
10.3. Claims Procedure. The claim and review procedures set forth in this Section shall be the mandatory claim and review procedures for the resolution of
disputes and disposition of claims filed under the Plan. An application for a distribution shall be considered as a claim for the purposes of this Section.
10.3.1. Initial Claim. An individual may, subject to any applicable deadline, file with MGI a written claim for benefits under the Plan in a form and
manner prescribed by MGI.
(a) If the claim is denied in whole or in part, MGI shall notify the claimant of the adverse benefit determination within ninety (90) days after receipt of
the claim.
(b) The ninety (90) day period for making the claim determination may be extended for ninety (90) days if MGI determines that special circumstances
require an extension of time for determination of the claim, provided that MGI notifies the claimant, prior to the expiration of the initial ninety
(90) day period, of the special circumstances requiring an extension and the date by which a claim determination is expected to be made.
10.3.2. Notice of Initial Adverse Determination. A notice of an adverse determination shall set forth in a manner calculated to be understood by the
claimant:
(a) the specific reasons for the adverse determination;
(b) references to the specific provisions of the Plan Statement (or other applicable Plan document) on which the adverse determination is based;
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