Examples of Initial Plan Year in a sentence
For the Initial Plan Year, Incumbent Directors must file an Election Form prior to or within 14 days after the Effective Date.
For all Plan Years after the Initial Plan Year or Participant Initial Plan Year, whichever is applicable, any election other than an election due to a change in status event or an election by a newly eligible Employee must be made prior to the commencement of the Plan Year for which the election is being made.
A Covered Employee's failure to return a completed election form to the Employer on or before the Effective Date for the Initial Plan Year shallconstitute an election of pre-tax premium coverage under Section 4.2.e.
With respect to mergers on or after January 1, 1993, the amount of Unfunded Vested Benefits allocated to the Employer for periods before the end of the Initial Plan Year shall be determined as if the date before the effective date of the merger were the end of the last Plan Year prior to the Withdrawal.
Elections madeduring the Initial Plan Year for Dental Plan and Vision Plan remain in effect until the end of the following Plan Year.