Benefit year definition

Benefit year means the period of twelve consecutive months, July 1 through June 30, as established by an employer in which an employee shall accrue and use earned sick leave as provided pursuant to N.J.S.A. 34:11D-2, provided that once the starting date of the benefit year is established by the employer it shall not be changed unless the employer notifies the Commissioner of Labor and Workforce Development of the change in accordance with regulations promulgated pursuant to the Act. The Commissioner shall impose a benefit year on any employer the Commissioner determines is changing the benefit year at times or in ways that prevent the accrual or use of earned sick leave by an employee.

Benefit year means the benefit year as defined by the applicable State law, and if not so defined the term means the period prescribed in the Agreement with the State or, in the absence of an Agreement, the period prescribed by the Department.

Benefit year means a calendar year for which a health plan provides coverage for health benefits.

Examples of Benefit year in a sentence

• That period to which the limitation of maximum duration of benefits is applicable, a year or approximately a year.24.1(21) Benefit year, individual.

• With an indicator of surgical or non-surgical treatment of Periodontal Disease, a participant is eligible for up to two additional dental visits in a Benefit year for periodontal maintenance or adult prophylaxis.

• With an indicator of a Diabetes diagnosis, a participant is eligible for up to two additional dental visits in a Benefit year for periodontal maintenance or adult prophylaxis.

• The health promotion activity must have been purchased in the same Fringe Benefit year of the claim being made.

• The present value of such an account is called the equity Examples: For problems involving regular payments, we will still be using the TVM Solver in our calculator, but now “PMT” will not be zero, but it will be the amount contributed to the account regularly.

More Definitions of Benefit year

Benefit year means a period of 52 consecutive weeks commencing with the first week with respect to which an individual files an initial valid claim for benefits, and thereafter the 52 con- secutive weeks period beginning with the first week with respect to which the individual next files an initial valid claim after the termination of the individual’s last preceding benefit year except that the benefit year shall be 53 weeks if the filing of an initial valid claim would result in overlapping any quarter of the base year of a previously filed initial valid claim.

Benefit year means any consecutive 12-month period used by an employer to calculate an eligible employee's benefits.

Benefit year means a period of 52 consecutive weeks commencing with the first week with

Benefit year means, with respect to an individual, the benefit year as defined in the applicable state law.

Benefit year means a period of one year beginning with the day with respect to which an individual filed a valid claim for benefits. Any claim for benefits made in accordance with section 96.6, subsection 1, shall be deemed to be a valid claim for the purposes of this subsection if the individual has been paid wages for insured work required under the provisions of this chapter.

Benefit year means the period of 12 consecutive months

Benefit year means: a calendar year for which the Plan provides coverage for dental benefits.