Elective Transfer. 13.06(A) (13.02) Eligible Employee..................................................................................14.03(c) (14.02) Employee................................................................................................1.07 (1.02) Employee Contributions.............................................................................14.03(n) (14.03) Employer................................................................................................1.01 (1.01) Employer Contribution Account.........................................................................14.06 (14.04)
Elective Transfer. 13.06(A) (13.02) Eligible Employee.........................................14.03(c) (14.02) Employee.......................................................1.07 (1.02) Employee Contributions....................................14.03(n) (14.03) Employer.......................................................1.01 (1.01) Employer Contribution Account................................14.06 (14.04) Employer for Code Section 415 Purposes......................3.19(c) (3.08) Employer for Top Heavy Purposes..........................1.33(B)(6) (1.10) Employment Commencement Date...................................2.02 (2.01) ERISA..........................................................1.24 (1.06)
Elective Transfer. 13.06(A)(13.03) Eligible Employee................................................14.03(c)(14.02) Employee..............................................................1.07(1.02) Employee Contributions...........................................14.03(n)(14.03) Employer..............................................................1.01(1.01) Employer Contribution Account.......................................14.06(14.04) Employer for Code (S)415 Purposes..................................3.19(c)(3.08) Employer for Top Heavy Purposes.................................1.33(B)(6)(1.10) Employment Commencement Date..........................................2.02(2.01) ERISA.................................................................1.24(1.06) Excess Aggregate Contributions...................................14.09(D)(14.09) Excess Amount......................................................3.19(d)(3.08) Excess Contributions................................................14.08(14.07) Exempt Participant....................................................8.01(8.01) Forfeiture Break in Service...........................................5.08(5.03) Group Trust Fund....................................................10.16(10.07) Hardship........................................................6.01(A)(4)(6.01) Hardship for Code (S)401(k) Purposes.............................14.11(A)(14.11) Highly Compensated Employee...........................................1.09(1.02) Highly Compensated Group.........................................14.03(d)(14.02) Hour of Service.......................................................1.27(1.06)
Elective Transfer. An employee who elects to transfer to:
(a) A higher paid classification shall be paid a starting rate of the first wage level on the new range which is at least ten ($0.10) cents per hour (or such lesser amount as is possible) higher than such employee’s former basic rate;
(b) A lower paid classification shall be paid at the same seniority level on the new range as the employee was paid at on the former range.
(c) Where article 12.6(b) is applied and then subsequently article 12.6(a) is applied within 24 months of the application of article 12.6(b), the employee is never placed on a lower wage and seniority level than where the employee was immediately prior to the application of 12.6(b).
Elective Transfer. A plan-to-plan transfer of a Participant’s benefits from another qualified plans is a Qualified Transfer if such transfer satisfies the following requirements.
(i) The Participant must have the right to receive an immediate distribution of his/her benefits under the transferor plan at the time of the Qualified Transfer. For transfers that occur on or after January 1, 2002, the Participant must not be eligible at the time of the Qualified Transfer to take an immediate distribution of his/her entire benefit in a form that would be entirely eligible for a Direct Rollover.
(ii) The Participant on whose behalf benefits are being transferred must make a voluntary, fully informed election to transfer his/her benefits to this Plan.
(iii) The Participant must be provided an opportunity to retain the Protected Benefits under the transferor plan. This requirement is satisfied if the Participant is given the option to receive an annuity that protects all Protected Benefits under the transferor plan or the option of leaving his/her benefits in the transferor plan.
(iv) The Participant’s spouse must consent to the Qualified Transfer if the transferor plan is subject to the Joint and Survivor Annuity requirements under Article 9. The spouse’s consent must satisfy the requirements for a Qualified Election under Section 9.4(d).
(v) The amount transferred (along with any contemporaneous Direct Rollover) must not be less than the value of the Participant’s vested benefit under the transferor plan.
(vi) The Participant must be fully vested in the transferred benefit.
Elective Transfer. 13.06(A) (13.02) Eligible Employee..................................................................................14.03(c) (14.02) Employee................................................................................................1.07 (1.02) Employee Contributions.............................................................................14.03(n) (14.03) Employer................................................................................................1.01 (1.01) Employer Contribution Account.........................................................................14.06 (14.04) Employer for Code section 415 Purposes...............................................................3.19(c) (3.08) Employer for Top Heavy Purposes...................................................................1.33(B)(6) (1.10) Employment Commencement Date............................................................................2.02 (2.01) ERISA...................................................................................................1.24 (1.06) Excess Aggregate Contributions........................................................................14.09 (14.07) Excess Amount........................................................................................3.19(d) (3.08) Excess Contributions..................................................................................14.08 (14.06) Exempt Participant......................................................................................8.01 (8.01) Forfeiture Break in Service.............................................................................5.08 (5.03) Group Trust Fund......................................................................................10.16 (10.07) Hardship..........................................................................................6.01(A)(4) (6.02) Hardship for Code section 401(k) Purposes............................................................ 14.11 (14.10) Highly Compensated Employee.............................................................................1.09 (1.02) Highly Compensated Group...........................................................................14.03(d) (14.02) Hour of Service.........................................................................................1.27 (1.06)
Elective Transfer. 13.06(A) (13.02) Eligible Employee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.03(c) (14.02) Employee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.07 (1.02) Employee Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.03(n) (14.03) Employer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.01 (1.01) Employer Contribution Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.06 (14.04)
Elective Transfer. 13.06(A) (13.03) Eligible Employee . . . . . . . . . . . . . . . . . . . . .14.03(c) (14.02) Employee. . . . . . . . . . . . . . . . . . . . . . . . . . 1.07 (1.02) Employee Contributions. . . . . . . . . . . . . . . . . . .14.03(n) (14.04) Employer. . . . . . . . . . . . . . . . . . . . . . . . . . 1.01 (1.01) Employer Contribution Account . . . . . . . . . . . . . . . 14.06 (14.04) Employer for Code Section 415 Purposes. . . . . . . . . . . 3.19(c) (3.08) Employer for Top Heavy Purposes . . . . . . . . . . . . . 1.33(B)(6) (1.10) Employment Commencement Date. . . . . . . . . . . . . . . . 2.02 (2.01) ERISA . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.24 (1.06) Excess Aggregate Contributions. . . . . . . . . . . . . . .14.09(D) (14.10) Excess Amount . . . . . . . . . . . . . . . . . . . . . . . 3.19(d) (3.08) Excess Contributions. . . . . . . . . . . . . . . . . . . . 14.08 (14.07) Exempt Participant. . . . . . . . . . . . . . . . . . . . . 8.01 (8.01) SECTION REFERENCE PLAN DEFINITION (PAGE NUMBER)
Elective Transfer. 13.05 Employee....................................................................1.06 Employer....................................................................
Elective Transfer. 13.06(A) (13.02) Eligible Employee . . . . . . . . . . . . . . . . . . . . . . . 14.03(c) (14.02) Employee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.07 (1.02) Employee Contributions . . . . . . . . . . . . . . . . . . . . 14.03(n) (14.03) Employer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.01 (1.01) Employer Contribution Account . . . . . . . . . . . . . . . . . . 14.06 (14.04)
