Common use of Future Hires Clause in Contracts

Future Hires. Employees hired or rehired on or after January 3, 2014, will not be eligible for participation in the BCERP. For purposes of determining eligibility for the Plan, the employee will be considered hired before January 3, 2014, if: 1. On an authorized leave of absence on January 2, 2014, and returns to active employment directly from that authorized leave of absence. 2. An active employee on January 2, 2014, goes on an authorized leave of absence, and returns to active employment directly from that authorized leave of absence. 3. On layoff on January 2, 2014, and returns to active employment within 6 years of the layoff date. 4. An active employee on January 2, 2014, is laid off, and returns to active employment within 6 years of layoff date. The employee is considered rehired if: 1. The employee voluntarily terminates employment and is subsequently reemployed. 2. The employee returns to active employment from layoff and the return date is more than 6 years after the date of layoff. 3. The employee commences their retirement benefit during the layoff period and later returns to active employment within 6 years of the layoff date.