Benefit Accruals Clause Samples

Benefit Accruals. An employee on an approved unpaid leave of absence annually exceeding 30 calendar days shall continue to accrue seniority through the 30th day of leave and shall retain his seniority as of that day. Seniority shall not be accumulated following the 30th day of unpaid leave annually except as specifically provided by state or federal law. Sick leave or vacation leave time shall not be accumulated during an authorized unpaid leave of absence of one or more hours or while receiving pay subsidy through the City’s Sick Leave Assistance Program. When an employee is suspended without pay for just cause, or absent without authorization, all accruals of vacation and sick leave will be suspended as well for the entire period of unpaid absence.

Benefit Accruals. The benefit accrual provisions under Section D-2.01(b) of the Plan do not apply. To apply the benefit accrual provisions under Section D-2.01(b) of the Plan, check the box below.

Benefit Accruals. The benefit accrual provisions under Section D-2.01(b) of the Plan do not apply. To apply the benefit accrual provisions under Section D-2.01(b) of the Plan, check the box below. □ Eligibility for Plan benefits. Check this box if the Plan will provide the benefits described in Section D-2.01(b) of the Plan. If this box is checked, an individual who dies or becomes disabled in qualified military service will be treated as reemployed for purposes of determining entitlement to benefits under the Plan.

Benefit Accruals. If elected under AA §10-3, for benefit accrual purposes, the Plan will treat an individual who dies or becomes disabled (as defined under the terms of the Plan) while performing qualified military service (as defined in Code §414(u)) with respect to the Employer, as if the individual has resumed employment in accordance with the individual’s reemployment rights under the Uniformed Services Employment and Reemployment Rights Act (USERRA) on the day preceding death or disability (as the case may be) and terminated employment on the actual date of death or disability. This provision is effective with respect to deaths and disabilities occurring on or after January 1, 2007. (1) This subsection (b) shall apply only if all individuals performing qualified military service with respect to the Employer maintaining the plan who die or became disabled as a result of performing qualified military service prior to reemployment by the employer are credited with service and benefits on reasonably equivalent terms. (2) The amount of employee contributions and the amount of elective deferrals of an individual treated as reemployed under this subsection (b) shall be determined on the basis of the individual’s average actual employee contributions or elective deferrals for the lesser of: (i) the 12-month period of service with the Employer immediately prior to qualified military service, or (ii) if service with the Employer is less than such 12-month period, the actual length of continuous service with the Employer.

Benefit Accruals. An employee on an approved unpaid leave of absence annually exceeding 30 days shall continue to accrue seniority through the 30th day of leave and shall retain his seniority as of that day. Seniority shall not be accumulated following the 30th day of unpaid leave annually except as specifically provided by state or federal law. Sick leave time or vacation shall not be accumulated during an authorized unpaid leave of absence of one or more hours. When an employee is suspended without pay for just cause, or absent without authorization, all accruals of vacation and sick leave will be suspended as well for the entire period of unpaid absence. An employee on an authorized unpaid leave of absence is not guaranteed reemployment at the termination of the leave except as specifically otherwise provided in this Contract or by state or federal law.

Benefit Accruals. Benefit accruals shall be effective on the date of reclassification in accordance with Article IV, Section 3

Benefit Accruals. If elected by the Employer in the Adoption Agreement, for benefit accrual purposes, a Participant who dies or suffers a Disability on or after January 1, 2007, and while performing qualified military service, is treated as if the Participant had resumed employment in accordance with the Participant’s reemployment rights under federal law on the day preceding death or Disability, as the case may be, and terminated employment on the actual date of death or Disability. All such Participants performing qualified military service who die or become disabled as a result of performing qualified military service prior to reemployment by the Employer shall be credited with service and benefits on reasonably equivalent terms.

Benefit Accruals. At the end of each year of the three (3) year term, the day before the anniversary of the Effective Date, hereinafter the "Crediting Date," Lopa no's account shall be credited with an amount equal to one-third (1/3) of his Salary. For purposes of this plan, "Salary" shall mean Lopano's salary for the year in accordance with section 3.A. of the Employment Contract, as amended, but shall not include any payments after termination of his employment in any capacity by HCAA).

Benefit Accruals. The Employer shall not adopt the provision in Plan Section 3.14(b) with respect to benefit accruals for Participants performing qualified military service.”