Initial Plan Year definition

Initial Plan Year means the period of time commencing on the Effective Date and ending on December 31 of that same year. Thereafter, this Sub-Adoption Agreement shall automatically renew on the first day of each Plan Year for an additional Plan Year until terminated by either the Plan Sponsor or the
Initial Plan Year means the period from March 5, 1998 through August 31, 1998.

Examples of Initial Plan Year in a sentence

  • For the Initial Plan Year, Incumbent Directors must file an Election Form prior to or within 14 days after the Effective Date.

  • For all Plan Years after the Initial Plan Year or Participant Initial Plan Year, whichever is applicable, any election other than an election due to a change in status event or an election by a newly eligible Employee must be made prior to the commencement of the Plan Year for which the election is being made.

  • A Covered Employee's failure to return a completed election form to the Employer on or before the Effective Date for the Initial Plan Year shallconstitute an election of pre-tax premium coverage under Section 4.2.e.

  • With respect to mergers on or after January 1, 1993, the amount of Unfunded Vested Benefits allocated to the Employer for periods before the end of the Initial Plan Year shall be determined as if the date before the effective date of the merger were the end of the last Plan Year prior to the Withdrawal.

  • Elections madeduring the Initial Plan Year for Dental Plan and Vision Plan remain in effect until the end of the following Plan Year.


More Definitions of Initial Plan Year

Initial Plan Year means the eight-consecutive-month period commencing on the original effective date and ending on December 31, 1998.
Initial Plan Year for an Employer means the period beginning on the Effective Date and ending on December 31 of that same year.
Initial Plan Year means the Plan Year in which the merger of a Prior Plan is effective. For this purpose, a merger is treated as effective on January 1 of the Plan Year in which it occurs.
Initial Plan Year means the Plan’s first complete plan year that begins on or after the merger of the Plan and another multiemployer plan.
Initial Plan Year means from January 1, 1998 through June 30, 1998.
Initial Plan Year means the initial period during which benefits are provided under the Plan, which shall be the period commencing on January 1, 2017, and ending on December 31, 2017.
Initial Plan Year means the twelve-month period commencing January l, 2003.