Examples of Credited Hours in a sentence
For those individuals who had a Break in Service during the period commencing with January 1, 2017 to and including December 31, 2020, the increase shall apply only to Credited Hours accumulated after the date of the most recent Break in Service.
For those individuals who had a Break in Service during the three (3) year period immediately preceding January 1st of the evaluation year, the increase shall apply only to Credited Hours accumulated after the date of the most recent Break in Service.
For purposes of paragraphs (A), (B) and (C), Credited Hours shall be limited as set forth in Section 2(a)(2).
First, such Excluded Person (whether or not he previously participated in the Active or Retiree Fund of the Plan) shall not be an Employee, Controlling Employee or Participant in the Active or Retiree Fund of the Plan for the Controlled Employer on and after September 1, 2002 and shall not earn any Credited Hours for the Controlled Employer on and after September 1, 2002.
In the event that the reserve levels are below eight (8) months in the Active Health Fund or the Retired Employees Fund on January 1st of the evaluation year, or the Pension Plan is not certified to be in the Green Zone in the evaluation year, the benefit accrual rates for Credited Hours accumulated since the most recent increase in the pension benefit accrual rate shall remain at the rates provided in subparagraph (f)(1)(i)(A)-(C) above.
For those individuals who had a Break in Service during the three-year period immediately preceding January 1st of the evaluation year, the increase shall apply only to Credited Hours accumulated after the date of the most recent Break in Service.
In that case, then in accordance with and subject to the Sideletter, the particular Employee shall not be a Participant and shall not earn any benefits or Credited Hours with respect to the Employee’s employment by the specified Employer on the project(s) specified by the Sideletter.
For those individuals who had a Break in Service, the increase shall apply only to Credited Hours accumulated after the date of the most recent Break in Service through December 31, 2016.
Such benefit and all Credited Hours and Qualified Years attributable to such benefit shall thereupon be disregarded for all purposes under this Plan.
For purposes of clauses (A), (B) and (C), Credited Hours shall be limited as set forth in Section 2 (a) (2).