Break in Service Rules Sample Clauses

Break in Service Rules. The Nonvested Participant Break in Service rule and the One-Year Break in Service rule do NOT apply. (See Section 2.07 of the Plan.) To override the default eligibility rules, complete the applicable sections of this AA §4-3. If this AA §4-3 is not completed for a particular contribution source, the default eligibility rules apply. Deferral Match ER
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Break in Service Rules. [See Section 3.7 and Section 8.2.] Generally, all service completed before a Break in Service will be credited upon reemployment. Certain service may be excluded under the following rules:
Break in Service Rules o a. The Rule of Parity Break in Service rule does not apply for purposes of determining eligibility or vesting under the Plan. [If this selection a. is not checked, the Rule of Parity Break in Service Rule applies for purposes of eligibility and vesting. (See Sections 1.6 and 4.6 of the BPD.)]
Break in Service Rules. The following Break-in-Service rules apply to the Plan.(select 1. or 2.)
Break in Service Rules. The Break in Service rules described in Sections 1.6 and 4.6 also apply under the Elapsed Time Method. For purposes of applying the Break in Service rules under the Elapsed Time Method, a Break in Service is any Period of Severance of at least 12 consecutive months.
Break in Service Rules. The Nonvested Participant Break in Service rule (see Section 2.07(b) of the Plan) and the One-Year Break in Service rule (see Section 2.07(d) of the Plan) do NOT apply. Governmental Plans are not subject to the Break in Service rules under Title I of ERISA and can modify the Break in Service rules of the Plan accordingly. To override the default eligibility rules, complete the applicable sections of this AA §4-3. If this AA §4-3 is not completed for a particular contribution source, the default eligibility rules apply. Match ER 🞎 🞎 (a) Year of Service. Instead of 1,000 Hours of Service, an Employee earns a Year of Service upon the completion of Hours of Service during an Eligibility Computation Period. 🞎 🞎 (b) Eligibility Computation Period. The Plan will use Anniversary Years for all Eligibility Computation Periods. 🞎 �� (c) Elapsed Time method. Eligibility service will be determined under the Elapsed Time method. An Eligible Employee (as defined in AA §3-1) must complete a period of service to participate in the Plan. [Note: Under the Elapsed Time method, service will be measured from the Employee’s employment commencement date (or reemployment commencement date, if applicable) without regard to the Eligibility Computation Period.] Match ER
Break in Service Rules. The Rule of Parity Break in Service rule applies for both eligibility and vesting but the one-year holdout Break in Service rule is NOT used for eligibility or vesting. [To modify, complete #45 below.]
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Break in Service Rules. The Nonvested Participant Break in Service rule and the One-Year Break in Service rule do NOT apply. (See Section 2.07 of the Plan.) To override the default eligibility rules, complete the applicable sections of this AA §4-3. If this AA §4-3 is not completed for a particular contribution source, the default eligibility rules apply. Match ER 🞎 🞎 (a) Year of Service. Instead of 1,000 Hours of Service, an Employee earns a Year of Service upon the completion of [must be less than 1,000] Hours of Service during an Eligibility Computation Period. 🞎 🞎 (b) Eligibility Computation Period (ECP). The Plan will use Anniversary Years, unless more than one Year of Service is required under AA §4-1(a), in which case the Plan will shift to Plan Years. 🞎 �� (c) Elapsed Time method. [Check the same contribution source as checked in AA §4-1(a)(6) above.] Eligibility service will be determined under the Elapsed Time method. An Eligible Employee (as defined in AA §3-1) must complete a [not to exceed 24 month] period of service to participate in the Plan. (See Section 2.03(a)(5) of the Plan.) [Note: If a period greater than 12 months applies to either Matching Contributions or Employer Contributions, 100% vesting must be selected under AA §8 for those contributions.]
Break in Service Rules. If the Company elects to condition eligibility on more than one (1) Year of Service under Adoption Agreement Items III(A)(iii) and/or (iv) then, for purposes of Section 3.1 hereof, and if elected by the Company in Item III(D) of the Adoption Agreement, in the case of any Employee who has a One-Year Break in Service, if such Employee has not satisfied the service requirements thereof before such break, service before such break shall not be taken into account. In addition, one or both of the following Break-in Service rules shall apply for eligibility purposes if elected by the Company in Item III(D) of the Adoption Agreement:
Break in Service Rules. The Rule of Parity Break in Service rule applies for both eligibility and vesting. [To modify, complete #45 below.] ý41. Alternative definition of Year of Service for eligibility. oa. A Year of Service is Hours of Service (may not exceed 1,000) during an Eligibility Computation Period. ýb. Use the Equivalency Method (as defined in Section 6.5(a) of the BPD) to count Hours of Service. If this b. is checked, each Employee will be credited with 190 Hours of Service for each calendar month for which the Employee completes at least one Hour of Service, unless a different Equivalency Method is selected under #46 below. The Equivalency Method applies to: ý(1) All Employees.
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