Qualified Payroll Period definition

Qualified Payroll Period means a two week payroll period in which the employee has not had more than one (1) work day (the lesser of eight (8) hours or the number of hours an employee is regularly scheduled to work within a twenty-four (24) hour period) in a non-pay status. A new employee may be credited with a qualified payroll period following initial appointment in the first half of the payroll period even though having non-pay status in excess of one (1) work day, so long as the employee works all the remaining workdays in the first payroll period.
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Qualified Payroll Period means a payroll period in which the employee has not had more than one (1) day in a non-pay status. A new employee may be credited with a qualified payroll period in the first payroll period, even though having more than one (1) workday in a non-pay status, so long as the new employee works at least half of the work days in the payroll period that includes their initial appointment. Time off used to offset overtime payments earned during the pay period shall not be considered as a non-pay status for the purpose of qualified payroll periods.
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Qualified Payroll Period means a payroll period in which the employee has not 9 had more than one (1) day in a non-pay status. A new employee may be credited 10 with a qualified payroll period in the first payroll period, even though having more
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Examples of Qualified Payroll Period in a sentence

  • Part-time employees electing to take Leave without Pay under the provisions of this Rule will not be denied a Qualified Payroll Period due solely to use of Leave without Pay to cover a holiday.

  • Except where provided otherwise in these Rules, employees shall not be credited with a Qualified Payroll Period for leaves of absence without pay of more than one (1) day in a given Payroll Period.

  • Any Payroll Period in which an employee is designated as suspended without pay for any period of time shall not be a Qualified Payroll Period.

  • With the authorization of their supervisor, the employee may flex their work hours to make up the hours within the same workweek.Employees electing to take Leave without Pay under the provisions of this Rule will not be denied a Qualified Payroll Period due solely to use of Leave without Pay to cover a holiday.2) Part-Time Employees.

  • Full-time employment: An employee’s seniority in a full-time position(s) shall be calculated at one (1) point per Qualified Payroll Period.

  • Employees electing to take Leave without Pay under the provisions of this Rule will not be denied a Qualified Payroll Period due solely to use of Leave without Pay to cover a holiday.

  • Career Appointment of a probationary employee shall begin at the start of the twenty-seventh (27th) Qualified Payroll Period from Appointment unless the employee has been terminated by the Appointing Authority prior to the end of the twenty-sixth (26th) Qualified Payroll Period.

  • This provision defines a23 "Qualified Payroll Period" as a two-week payroll period in which the employee has24 not had more than eleven and two-tenths (11.2) hours in a non-pay status.

Related to Qualified Payroll Period

  • Payroll Period means "payroll period" as defined in Section 3401(b) of the Internal Revenue Code;

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Qualified Reservist Distribution means a distribution (i) from an IRA or elective deferrals under a section 401(k) or 403(b) plan, or a similar arrangement, (ii) to an individual ordered or called to active duty after September 11, 2001 (because he or she is a member of a reserve component) for a period of more than 179 days or for an indefinite period, and (iii) made during the period beginning on the date of the order or call and ending at the close of the active duty period.

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Accumulated contributions means the sum of all

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • Current Distribution Date means a Distribution Date specified as a reference date for calculating the Expected Distributions with respect to the Certificates of any Trust as of such Distribution Date.

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Qualified Plan means a Pension Plan that is intended to be tax-qualified under Section 401(a) of the IRC.

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Car sharing period means the period of time that:

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Excess Cash Flow Period means each fiscal year of the Borrower commencing with and including the fiscal year ending December 31, 2018.

  • Qualifying contribution means, with respect to a