Phase 1 employer definition

Phase 1 employer means state agencies and insti- tutes of higher education.
Sample 1Sample 2Sample 3
Phase 1 employer means state agencies and institutes of higher education.
Sample 1Sample 2Sample 3

Examples of Phase 1 employer in a sentence

  • Chris returns on October 15, 2002, for a state agency (Phase 1 employer).

  • If Chris remains employed for a Phase 1 employer, the right to transfer to Plan 3 is limited to January of each year.

  • Chris is working at a state agency (Phase 1 employer) as of March 1, 2002.

  • Plan Choice Rights:Example 1: Pat starts working for a state agency in an eligible position (Phase 1 employer) as of:A.

  • If you are employed by a Phase 1 employer, in an eli- gible position, the first January you can transfer is January 2003.

  • When the social forces became politically, economically and socially recognized by the elite of Argentina, the Italian immigrant held power in the society.

  • The transfer amount is the sum of:♦ Al's $10,000 account balance on March 1, 2002;♦ Approximately $50 in contributions between March 1st and June 1st; and♦ Approximately $135 in interest in Plan 2 at 5.5% annually, compounded quarterly.• Al continues working for his Phase 1 employer through June 2003, in- cluding the month of June 2002.• In June 2003, after he receives his transfer payment, Al will have approximately $22,385 in his DC account.

  • You will receive a payment of one hundred and ten percent of your transfer basis if you are employed in an eli- gible position by a Phase 1 employer and you transfer to Plan 3 during the Phase 1 transfer period.

  • Irrevocable Choice Rule:Example 3: Mike starts working for a state agency (Phase 1 employer) as of April 1, 2002.

  • You will receive a payment of one hundred and ten percent of your transfer basis if you are employed in an eligible position by a Phase 1 employer and you transfer to Plan 3 during the Phase 1 trans- fer period.

Related to Phase 1 employer

  • Large employer means, in connection with a group health plan or health insurance coverage with

  • Related Employer means the Employer and (a) any corporation that is a member of a controlled group of corporations as defined in Code Section 414(b) that includes the Employer and (b) any trade or business that is under common control as defined in Code Section 414(c) that includes the Employer.

  • Public employer means any officer, board, commission,

  • New Employer means, after a Change in Control, a Participant’s employer, or any direct or indirect parent or any direct or indirect majority-owned subsidiary of such employer.

  • Eligible employer means any municipality with a municipal

  • School employer means a board of school directors, the

  • Affiliated Employer means any corporation which is a member of a controlled group of corporations (as defined in Code Section 414(b)) which includes the Employer; any trade or business (whether or not incorporated) which is under common control (as defined in Code Section 414(c)) with the Employer; any organization (whether or not incorporated) which is a member of an affiliated service group (as defined in Code Section 414(m)) which includes the Employer; and any other entity required to be aggregated with the Employer pursuant to Regulations under Code Section 414(o).

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Single Employer Plan any Plan which is covered by Title IV of ERISA, but which is not a Multiemployer Plan.

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Participating public employer means a public employer as defined in ORS 238.005 that

  • Multiple Employer Plan means a Plan which has two or more contributing sponsors (including the Borrower or any ERISA Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA.

  • Client employer means an Employer that is involved in a Tri-Party Employment Relationship due to obtaining the services of a third-party entity.

  • Small employer means any employer that had total revenue of less than $500,000 during the preceding taxable year. For purposes of this division, "total revenue" means receipts of any type or kind, including, but not limited to, sales receipts; payments; rents; profits; gains, dividends, and other investment income; compensation; commissions; premiums; money; property; grants; contributions; donations; gifts; program service revenue; patient service revenue; premiums; fees, including premium fees and service fees; tuition payments; unrelated business revenue; reimbursements; any type of payment from a governmental unit, including grants and other allocations; and any other similar receipts reported for federal income tax purposes or under generally accepted accounting principles. "Small employer" does not include the federal government; any state government, including any state agency or instrumentality; any political subdivision; or any entity treated as a government for financial accounting and reporting purposes.

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.

  • Casual Employee means an employee who has no set hours or days of work and who is normally asked to work as and when required.

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Multi-employer Plan means a "multi-employer plan" as defined in Section 4001(a)(3) of ERISA which is or was at any time during the current year or the immediately preceding six (6) years contributed to by the Borrower or any ERISA Affiliate.

  • City Managerial Employee means the City Manager, the Assistant City Manager, the City Clerk, and any City department head or director. In the event CONTRACTOR violates the provisions of this paragraph, CONTRACTOR shall be required to pay damages to OWNER in an amount equal to any and all compensation which is received by the former Elected Officer or City Managerial Employee of OWNER from or on behalf of the contracting person or entity, or an amount equal to the former Elected Officer's or City Managerial Employee's last two (2) years of gross compensation from OWNER, whichever is greater.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • relevant employer means any company incorporated or registered under the Companies Act (Cap. 50) or any person registered under the Business Names Registration Act 2014;

  • Professional employer agreement means a written contract by and between a client and a PEO that provides for the following:

  • Managerial employee means an employee of the State of Oregon or a public university

  • multiple-employer workplace means a workplace where workers of 2 or more employers are working at the same time:

  • Public school employer means a public employer that is the board of a school district, intermediate school district, or public school academy; is the chief executive officer of a school district in which a school reform board is in place under part 5A of the revised school code, 1976 PA 451, MCL 380.371 to 380.376; or is the governing board of a joint endeavor or consortium consisting of any combination of school districts,

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.