Qualified life event definition

Qualified life event means a change in a member’s dependents, employment status, or residence that entitles the member to change the member’s or an eligible dependent’s participation in the insurance plans made available by the Department before the next open enrollment period. Qualified life event includes:
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Qualified life event means a change in an employee’s family, employment status, or residence including but not limited to:
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Qualified life event means a change in an employee’s family or employment status, such as marriage, divorce, legal separation, annulment, death of spouse or dependent, birth, adoption, placement for adoption, dependent eligibility due to age, marriage, or student status, changes in employment status or work schedule that affect benefits eligibility for the employee, spouse, or dependent, or changes in residence that affect available plan options for the employee, spouse, or dependent, and other similar life events, that may allow the employee to make benefit changes.
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Examples of Qualified life event in a sentence

  • Qualified life event changes are effective the first of the month following the event.

Related to Qualified life event

  • Qualified equity investment means any equity investment in, or long-term debt security issued by, a qualified community development entity that:

  • Modified Eligible Transferee means any bank, financial institution or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities and other financial assets.

  • Qualified Equity Offering means the sale and issuance for cash by the Corporation to persons other than the Corporation or any of its subsidiaries after the Original Issue Date of shares of perpetual Preferred Stock, Common Stock or any combination of such stock, that, in each case, qualify as and may be included in Tier 1 capital of the Corporation at the time of issuance under the applicable risk-based capital guidelines of the Corporation’s Appropriate Federal Banking Agency (other than any such sales and issuances made pursuant to agreements or arrangements entered into, or pursuant to financing plans which were publicly announced, on or prior to October 13, 2008).

  • Disqualified Equity Interest means, with respect to any Person, any Equity Interest in such Person that by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable, either mandatorily or at the option of the holder thereof), or upon the happening of any event or condition:

  • Not Domestic Issuance means any obligation other than an obligation that was, at the time the relevant obligation was issued (or reissued, as the case may be) or incurred, intended to be offered for sale primarily in the domestic market of the relevant Reference Entity. Any obligation that is registered or qualified for sale outside the domestic market of the relevant Reference Entity (regardless of whether such obligation is also registered or qualified for sale within the domestic market of the relevant Reference Entity) shall be deemed not to be intended for sale primarily in the domestic market of the Reference Entity.