Common use of Eligibility Computation Periods Clause in Contracts

Eligibility Computation Periods. In determining whether an Employee has earned a Year of Service for eligibility purposes, an Employee’s initial Eligibility Computation Period is the 12-month period beginning on the Employee’s Employment Commencement Date. Subsequent Eligibility Computation Periods will either be based on Plan Years or Anniversary Years (as set forth in AA §4-3).

Appears in 2 contracts

Sources: Governmental 457(b) Plan Basic Plan Document, Governmental 457(b) Plan Basic Plan Document

Eligibility Computation Periods. In Unless provided otherwise under AA §4-3, in determining whether an Employee has earned a Year of Service for eligibility purposes, an Employee’s initial Eligibility Computation Period is the 12-month period beginning on the Employee’s Employment Commencement Date. Subsequent Eligibility Computation Periods will either be based on Plan Years or Anniversary Years (as set forth in AA §4-4- 3).

Appears in 1 contract

Sources: Governmental Nonstandardized Defined Contribution Plan