Default Eligibility Sample Clauses

Default Eligibility. Unless an employer specifies otherwise, any employee who is scheduled to work at least twenty hours a week or 1000 hours a year is eligible to participate in the plan. The checklist below should help you in completing the agreement.  Read the Agreement carefully  Include any retirement plan terms that are unique to your church or organization.  Complete an Employer Contribution Class description for each Employer Contribution Class. Make additional copies of page 3 as needed. Every employer will have at least one class.  Any qualified church/employer official can sign.  Notify employees of eligibility to receive retirement benefits including the ability to make salary deferral contributions. A sample notice of “Right to participate in the FCMM 403(b) Retirement Plan” can be Requested by contacting FCMM.  Follow the instructions on the final page for enrolling employees.  Keep a copy of the Agreement on file.  Submit a copy of this Agreement (pages 1-4) to FCMM. 2109 For questions regarding this agreement, contact the FCMM office at (000)000-0000 or xxxx@xxxxxxxxxxxx.xxx.
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Default Eligibility. Unless an employer specifies otherwise, any employee who is scheduled to work at least twenty hours a week or 1000 hours a year is eligible to participate in the plan. ❑ Follow the Instructions on the Final Page for Enrolling Employees. For answers to questions regarding this agreement, contact FCMM at (000) 000-0000 or xxxx@xxxx.xxx. 20 – EMPLOYER ADOPTION AGREEMENT (Page 1 of 3) , Name of Employing Church or Organization hereby elects to participate in the Free Church Ministers’ and Missionaries’ (FCMM) Retirement Plan, and agrees to remit to the Trustees of FCMM employer and/or salary deferral contributions for certain employees of the named church or organization. Employer contributions may be made annually, semi-annually, quarterly, monthly or weekly. The individual terms and conditions of this Adoption Agreement are incorporated by reference into the FCMM Retirement Account Plan and together are intended to satisfy the plan documentation requirements of section 403(b)(9) of the Internal Revenue Code and the Treasury regulations thereunder for this qualified employer. These contributions shall be limited by IRS Code sections 402(g) and 415(c) (see final page). This agreement shall continue in force and effect until terminated by the:
Sample 1

Related to Default Eligibility

  • Continuing Eligibility To continue health benefits, a permanent intermittent employee must be credited with a minimum of 480 paid hours in a control period or 960 paid hours in two consecutive control periods.

  • Funding Eligibility Contractor understands, acknowledges, and agrees that, pursuant to Chapter 2272 (eff. Sept. 1, 2021, Ch. 2273) of the Texas Government Code, except as exempted under that Chapter, HHSC cannot contract with an abortion provider or an affiliate of an abortion provider. Contractor certifies that it is not ineligible to contract with HHSC under the terms of Chapter 2272 (eff. Sept. 1, 2021, Ch. 2273) of the Texas Government Code.

  • Special Eligibility The following employees also receive an Employer Contribution:

  • Benefit Eligibility For purposes of the Benefit Plan entitlement, common-law and same sex relationships will apply as defined.

  • Student Eligibility A. The Texas Success Initiative (TSI) requires mandatory assessment for all students to determine college readiness in reading, writing and math. The xxxx authorizes the Texas Higher Education Coordinating Board to prescribe assessment instruments with a statewide passing standard. The initiative allows an institution to determine when a student is ready to perform college‐level coursework. High School students who seek to register in a dual credit course, which will grant college credit must prove “college readiness” by achieving a college level score as outlined in Appendix A.

  • Determination of Eligibility The Plan Administrator shall determine the eligibility of each Employee for participation in the Plan based upon information provided by the Employer. Such determination shall be conclusive and binding on all individuals except as otherwise provided herein or by operation of law.

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