Examples of Ineligible Participant in a sentence
An Ineligible Participant or former Participant shall automatically become an active Participant on the date he or she again becomes an Eligible Employee.
For purposes of determining if a Person is an Ineligible Participant, an institutional investor which is a passive investor in the financing of equipment or facilities used in automotive vehicle manufacturing, automotive vehicle distribution, automotive vehicle parts manufacturing or automotive vehicle parts distribution shall not, solely by reason of such investment, be deemed to be engaged in such businesses.
In such event, the amount contributed with respect to the Ineligible Participant shall constitute a forfeiture for the Plan Year in which the discovery is made.
A Participant may not make or share in Plan Contributions during the period he or she is Ineligible, nor generally be eligible for a new Plan loan, except if such Ineligible Participant is an Employee, but he or she shall continue to participate for all other purposes.
Effective Discount Percentages by Performance Year (PY) and Quality Category Below Acceptable CQS <5Acceptable CQS >=5 and <6.9CQS = Composite Quality ScoreRecon = Effective discount percentage for reconciliation payment Repay = Effective discount percentage for repayment amountIN = Ineligible Participant hospitals must have a composite quality score greater than or equal to 5.0 in order to be eligible to receive a reconciliation payment.