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Summary Plan Descriptions Are Generally Short and Only Present the "Big

question 57

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Summary plan descriptions are generally short and only present the "big picture" of a benefit plan.(Legal Considerations in Benefits Communication)


Definitions:

Contactors

Electrically controlled switches used for switching an electrical power circuit, similar to a relay but capable of handling higher currents.

Armatures

The component of an electric machine (like a motor or generator) that carries alternating current and interacts with a magnetic field to produce motion.

Yoke

In electrical engineering, a yoke is the frame that holds or supports magnetic core materials in devices like transformers or some types of motors, contributing to the magnetic circuit's path.

Relay

An electrically operated switch that uses a small electrical current to control a larger circuit.

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