Enrollment Election definition

Enrollment Election means an agreement, on a form or by a method prescribed by the Plan Administrator, between a Participant and the Employer, providing for the reduction of Compensation to be paid to the Participant after the date such agreement is made and the making of Section 401(k) Contributions to the Plan. Such election will remain in effect until modified or terminated by the Participant.Except for occasional bona fide administrative considerations, the deferral of Section 401(k) Contributions cannot precede the performance of services with respect to which the contributions relate, or when the compensation subject to the deferral is paid, if earlier (such as in the case of a signing bonus). In addition, an Enrollment Election can only be made with respect to amounts that are not currently available to the Participant on the date of the election.The Plan Administrator may permit a Participant to make an Enrollment Election on a form provided by the Plan Administrator, through instructions made through the Internet, by telephone or through the use of any electronic means not prohibited by the Internal Revenue Service or the Department of Labor and to receive all information necessary to make such election in a similar manner. The Plan Administrator may limit the method used by the Participant to one or more of the methods described in this paragraph.
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Enrollment Election means an electronic election pursuant to which an Eligible Employee may elect to enroll in the Plan, to authorize a new level of payroll deductions, or to stop payroll deductions and withdraw from an Offering Period.
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Enrollment Election means irrevocable elections made by a Participant (a) to select the term of his or her Installment Form of Payment; and (b) to select the Payment Date of his or her Accounts following Termination of Employment.
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Examples of Enrollment Election in a sentence

  • In any case, if the Eligible Employee misses the deadline to revoke or change his or her election, the Eligible Employee must then wait until the next following Annual Open Enrollment Election Period or Qualifying Status Change Event, whichever occurs earlier, to make an election revocation or change.

  • Once you are satisfied with your choices, click Submit Elections to complete your enrollment and print your Open Enrollment Election Summary.

  • Enrollment Election 2017 2018-2019 2020-2021 Part-Time Employee Only $ 5.00 per week $ 7.50 per week $10.00 per week Full-Time Employee Only $ 5.00 per week $ 8.00 per week $12.00 per week Employee/Child(ren) $12.00 per week $17.00 per week $22.00 per week Full Spouse Coverage* NA $250.00 per month $250.00 per month Spouse Dental/Vision** $ 2.00 per week $ 4.00 per week $ 5.00 per week Ancillary Employee Only*** NA $ 4.00 per week $ 5.00 per week *Effective January 1, 2018.

  • Your 2022 Enrollment Election will be locked in (January 1st toDecember 31st).

  • Appendix 2: Data Elements Required to Complete the Enrollment Election (2 pages) - updated section heading.

  • Any such decrease or suspension shall be effective with the first full payroll period following ten Trading Days after the Company’s receipt of the new Enrollment Election (or such shorter or longer period as may be specified by the Administrator for the applicable Offering).

  • Medicare Advantage Enrollment Election Form Vantage Health Plan, Inc.

  • A Participant’s Enrollment Election will remain in effect for successive Offering Periods unless modified in accordance with this Section 6 or unless terminated as provided in Sections 9 or 10 hereof.

  • The Enrollment Election will specify the amount of Contributions as a (whole) percentage of up to 20% of the Participant’s Compensation, or such other limit or amount determined by the Administrator in advance of an Offering.

  • You must complete the Medicare Advantage Universal Enrollment/ Election form before your Medicare coverage (and reduced monthly cost) will be effective.


More Definitions of Enrollment Election

Enrollment Election means an agreement, on a form or by a method prescribed by the Plan Administrator, between a Participant and the Employer, providing for the reduction of Compensation to be paid to the Participant after the date such agreement is made and the making of Section 401(k) Contributions to the Plan. Such election will remain in effect until modified or terminated by the Participant.
Sample 1
Enrollment Election means an agreement between a Participant and the Employer pursuant to which the Employer reduces the Participant's current Compensation and applies the reduction to an Available Benefit.
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Related to Enrollment Election

  • Payment Election means an election pursuant to Section 5.1.

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Enrollment means the number of students who are enrolled in a school operated by the district on October 1. A student shall be counted as one whether the student is enrolled as a full-time or part-time student. Students enrolled in prekindergarten programs shall not be counted.

  • Enrollment Date means the first day of each Offering Period.

  • Enrollment Agreement means an agreement between the Company and an employee, in such form as may be established by the Company from time to time, pursuant to which the employee elects to participate in this Plan, or elects changes with respect to such participation as permitted under the Plan.

  • Enrollment Period means the period agreed upon by the Policyholder and Us when an Eligible Person may enroll for coverage or an Insured may change benefit elections under the Policy.

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Enrollment Form means an agreement pursuant to which an Eligible Employee may elect to enroll in the Plan, to authorize a new level of payroll deductions, or to stop payroll deductions and withdraw from an Offering Period.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Primary election means any regular primary election held under the election

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • Deferral Agreement means an irrevocable agreement entered into between a Nonemployee Director and the Company to authorize the Company to reduce the amount of the Nonemployee Director’s Annual Retainer and credit the amount of such reduction to the Plan consistent with the requirements of Section 409A of the Code. A Deferral Agreement shall contain such provisions, consistent with the provisions of the Plan, as may be established from time to time by the Company or the Board, including without limitation:

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Deferral means the amount or amounts of a Participant’s Compensation deferred under the provisions of Section 3.

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • LCA Election has the meaning specified in Section 1.09(a).

  • Election cycle means the period beginning on the first day persons are eligible to

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Eligible elector means a person who meets the specific requirements for voting at a specific election or for a specific candidate, ballot question, or ballot issue. If no specific provisions are given, an eligible elector shall be a registered elector, as defined in subsection (35) of this section.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Beneficiary Designation Form means the form established from time to time by the Plan Administrator that the Executive completes, signs, and returns to the Plan Administrator to designate one or more Beneficiaries.