I am so confused!

Employer wishes to establish a VEBA to provide retirees with medical benefits and life insurance. The benefits provided under the VEBA will be fully-funded by an insurance carrier. The trustee provided a trust agreement. However, I am wondering whether the VEBA needs a separate plan document, or do we just need to worry that the benefits provided have a plan document.

Any help would be great!!

Thank you.

The plan provisions could be written up as a separate plan document, included in the trust document or could be provided by incorporating a reference to the policies used to provide the benefits. In my work I favor writing up a separate plan document, but have seen all three approaches.