Previously Employed, Returning to Service after Original Effective Date Sample Clauses
The "Previously Employed, Returning to Service after Original Effective Date" clause defines how an employee’s prior service with an organization is treated if they are rehired after the original effective date of a plan or agreement. Typically, this clause outlines whether and how previous periods of employment are counted toward benefits eligibility, vesting, or other employment-related calculations upon the employee’s return. For example, it may specify that prior service is bridged or recognized for purposes such as retirement plan vesting or paid time off accrual. The core function of this clause is to provide clarity and consistency in handling the employment status and benefits of returning employees, ensuring fair treatment and reducing administrative ambiguity.
Previously Employed, Returning to Service after Original Effective Date. If an Eligible Employee is not employed on the original Effective Date of the Employer's GMEBS Plan, but returns to Service with the Adopting Employer sometime after the Effective Date, said Eligible Employee's Service prior to becoming a Participant (including any Service prior the Effective Date) shall be treated as follows (check one): All Service prior to the date the Eligible Employee becomes a Participant shall be credited (as Credited Past Service), subject to any limitations imposed above with respect to Eligible Employees employed on the Effective Date. All Service prior to the date the Eligible Employee becomes a Participant shall be credited (as Credited Past Service), provided that after returning to employment, the Eligible Employee performs Service equal to the period of the break in Service or one (1) year, whichever is less. Any limitations imposed above with respect to Eligible Employees employed on the Effective Date shall also apply. No Service prior to the date the Eligible Employee becomes a Participant shall be credited (as Credited Past Service). Other limitation(s) on Recognition of Credited Past Service (must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401-1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401-1(b)(1)(i)): .
Previously Employed, Returning to Service after Original Effective Date. If an ▇▇▇▇▇▇▇▇ Employee is not employed on the original Effective Date of the Employer's GMEBS Plan, but he returns to Service with the Adopting Employer sometime after the Effective Date, his Service prior to the date he becomes a Participant (including any Service prior the Effective Date) shall be treated as follows: All Service prior to the date the Eligible Employee becomes a Participant shall be credited (as Credited Past Service), provided that after his return to employment, the Eligible Employee performs Service equal to the period of the break in Service or one (1) year, whichever is less. Any limitations imposed above with respect to Eligible Employees employed on the Effective Date shall also apply. Other limitation(s) on Recognition of Credited Past Service: Credited Past Service shall not include service as an elected or appointed member of the Governing Authority unless the Participant was serving as an elected or appointed member of the Governing Authority or Eligible Regular Employee on November 29, 2017.