Change in Coverage Under Another Employer Plan Sample Clauses

Change in Coverage Under Another Employer Plan. The Plan shall permit a Participant to make a prospective election change that is on account of and corresponds with a change made under another employer plan (including a plan of the same Employer or of another employer) if (i) the other plan permits participants to make an election change that would be permitted under this Section 4.3, or (ii) the Plan permits participants to make an election for a period of coverage that is different from the Period of Coverage under the other plan.
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Change in Coverage Under Another Employer Plan. A Participant may make a prospective election change that is on account of and corresponds with a change made under an employer plan (including a plan of the Employer or a plan of the Spouse's or Dependent's employer), so long as (a) the other cafeteria plan or qualified benefits plan permits its participants to make an election change that would be permitted under applicable IRS regulations; or (b) the Plan permits Participants to make an election for a Period of Coverage that is different from the plan year under the other cafeteria plan or qualified benefits plan. For example, if an election is made by the Participant's Spouse during his or her employer's open enrollment to drop coverage, the Participant may add coverage to replace the dropped coverage if such a change is permitted under the benefit plan of the Plan Administrator. The Plan Administrator, in its sole discretion and on a uniform and consistent basis will decide whether a requested change made under the other employer plan, in accordance with prevailing IRS guidance.
Change in Coverage Under Another Employer Plan. In the event a Participant or the Participant’s Dependent (including a Spouse) makes an election change under an employer plan (including a plan of the Employer or a plan maintained by the Dependent’s employer), the Plan Administrator may permit the Participant to revoke an election under this Plan and make a new election for the balance of the Period of Coverage that is on account of and corresponds with the election change made by the Participant or the Participant’s Dependent, if: (A) the election change made under the other plan is permitted under Section 125 of the Code (e.g., under 26 C.F.R. §§ 1.125-4(b) through (g), disregarding (f)(4)); or (B) the period of coverage under the other plan does not correspond with the Period of Coverage of this Plan.

Related to Change in Coverage Under Another Employer Plan

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Casual Employment (a) A casual employee is an employee engaged as such on an hourly basis.

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Separation from Employment Employees who leave the District with a vacation balance shall have their vacation balance cashed out. If vacation is loaded on July 1st, the vacation balance shall be pro-rated prior to cash out.

  • Beneficiary Rollovers from Employer-Sponsored Retirement Plans If you are a spouse Beneficiary, nonspouse Beneficiary, or the trustee of an eligible type of trust named as Beneficiary of a deceased employer plan participant, you may directly roll over inherited assets from a qualified retirement plan, 403(a) annuity, 403(b) tax-sheltered annuity, or 457(b) governmental deferred compensation plan to an inherited IRA. The IRA must be maintained as an inherited IRA, subject to the beneficiary distribution requirements.

  • Nondiscrimination in Employment Consultant shall not discriminate against any employee or applicant for employment on any basis prohibited by law. Contractor shall provide equal opportunity in all employment practices. Consultants shall ensure that their subcontractors comply with this program. Nothing in this Section shall be interpreted to hold a Consultant liable for any discriminatory practice of its subcontractors.

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