One-Year Break in Service definition

One-Year Break in Service means a twelve (12) consecutive month period during which the Participant does not complete more than 500 Hours of Service.
One-Year Break in Service means each twelve-consecutive-month period within the period commencing with an Employee's Break-in-Service Date and ending on the date the Employee is again credited with an Hour of Service.
One-Year Break in Service means any vesting computation period during which an Employee does not complete more than 500 Hours of Service.

Examples of One-Year Break in Service in a sentence

  • Such credit shall be given during the Computation Period during which such absence began, if necessary to prevent a One-Year Break in Service from occurring during such Computation Period, and in all other cases, such credit shall be given during the immediately following Computation Period.

  • The Nonvested Participant Break in Service rule and One-Year Break in Service rules do NOT apply.

  • The One-Year Break in Service rule (as defined in Section 2.07(d) of the Plan) applies to temporarily disregard an Employee’s service earned prior to a one-year Break in Service.

  • If the crediting of such Hours of Service is not necessary to prevent the occurrence of a One-Year Break in Service in that computation period, such Hours of Service shall be credited in the immediately following computation period (even though no part of such absence may have occurred in such subsequent computation period).

  • The Employer must elect to apply the One-Year Break in Service rule under AA §4-3(f).


More Definitions of One-Year Break in Service

One-Year Break in Service means a Computation Period during which the employee in question has not completed more than 500 Hours of Service.
One-Year Break in Service means any Plan Year, or for purposes of Article III, Eligibility Computation Period, during which the Employee has not completed more than 500 Hours of Service.
One-Year Break in Service means a 12-consecutive-month Period of Severance during which an Employee fails to complete a single Hour of Service.
One-Year Break in Service means a vesting computation period during which you are credited with 500 or fewer hours of service.
One-Year Break in Service means a twelve (12) consecutive month period during which an Employee has not completed more than five hundred (500) Hours of Service, regardless of whether the Employee has incurred a Termination of Employment. For purposes of vesting, such twelve (12) consecutive month periods shall be measured on the same basis as Years of Vesting Service. For purposes of eligibility to participate, the Plan shall not apply any break in service rule. The following types of absence shall not constitute a One-Year Break in Service:
One-Year Break in Service means a 12-consecutive-month period in which an Employee does not complete more than 500 Hours of Service unless the number of Hours of Service specified in the Adoption Agreement for purposes of determining a Year of Service is less than 501, in which case a 12-consecutive-month period in which an Employee has fewer than that number of Hours of Service shall be a One-Year Break in Service. The computation period over which One-Year Breaks in Service shall be measured shall be the same computation period over which Years of Service are measured.
One-Year Break in Service means an Eligibility or Vesting Computation Period during which an Employee fails to complete more than 500 Hours of Service.