Administrative Period definition

Administrative Period means period of time immediately following an initial measurement period or a standard measurement period when the participating employer determines which “variable hour” and/or “ongoing” employees are eligible for coverage and to notify and enroll those eligible employees. The administrative period lasts 30 days.
Administrative Period means ACA period of no longer than 90 days beginning immediately following the end of a Standard Measurement Period and no longer than 90 days beginning immediately following the end of an Initial Measurement Period and ending immediately before the start of the associated Stability Period. During this time period the employer completes administrative tasks, for example but not limited to, calculating measurement period hours, eligibility determination, providing the employee with enrollment materials.
Administrative Period means a Standard Administrative Period or an Initial Administrative Period.

Examples of Administrative Period in a sentence

  • A one-month Initial Administrative Period shall follow the end of the Initial Measurement Period and a twelve-month Initial Stability Period shall follow the end of the Initial Administrative Period, subject to the regulations.

  • Every Administrative Period, the Custodian is required to report the state and financials of the Fund in a format decided upon by the Custodian.

  • If the Custodian is not acting as Custodian for a Phase, the Custodian Fee payable for such period will be prorated to reflect the portion of the period in which the Custodian was active.The Custodian Fee for a Phase will be paid to the Custodian within the Administrative Period.

  • Standard Measurement Period: Standard Stability Period: Administrative Period: For determining full-time employee status for new variable hour, seasonal or part-time employees, the length of all three periods must be defined.

  • The determination of the NAV and NAVPT takes place using data collected on the Valuation Point of a Phase and is ascertained during its respective Valuation Period (which falls in the Administrative Period).


More Definitions of Administrative Period

Administrative Period means the time allowed during which employees can enroll in or disenroll from medical benefits coverage under the Plan. However, any Administrative Period between the Standard Measurement Period and the Stability Period may neither reduce nor lengthen the Measurement Period or the Stability Period.
Administrative Period means the period beginning at the end of the Standard Measurement Period of each year and ending on the final day of each plan year.
Administrative Period means a period of time not exceeding thirty (30) days after the measurement period has ended and prior to the beginning of the stability period during which Cedar City may evaluate the results of the measurement period.
Administrative Period means the period commencing on the date of the initial assignment and delivery by a Holder or a DLJMB Affiliate to the Trustee of Shares to be held pursuant to this Agreement and ending on the earlier of (i) the termination of the voting trust created hereby pursuant to Section 8 or (ii) the removal or resignation of the Trustee pursuant to Section 13.
Administrative Period means the 3-month period following the measurement period during which eligible employees and dependent contractors will be offered health insurance coverage and any elections will be processed.
Administrative Period has the meaning set forth in Section 3.2(e)(ix).
Administrative Period has the meaning set forth in Section 10.3(d)(ii).