YEAR OF ELIGIBILITY definition

YEAR OF ELIGIBILITY. SERVICE Means a 12 consecutive month period which coincides with an Eligibility Computation Period during which an Employee completes at least 1,000 Hours of Service (or such lesser number of Hours of Service specified in the Adoption Agreement for this purpose). An Employee does not complete a Year of Eligibility Service before the end of the 12 consecutive month period regardless of when during such period the Employee completes the required number of Hours of Service.
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YEAR OF ELIGIBILITY means the financial year in which the nominated child turns 18 or commences an approved tertiary course, whichever is the later year;
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YEAR OF ELIGIBILITY. Service shall mean an Eligibility Computation Period during which the Employee completes at least one thousand (1,000) Hours of Service.
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Examples of YEAR OF ELIGIBILITY in a sentence

  • YEAR OF ELIGIBILITY SERVICE Means a 12 consecutive month period which coincides with an Eligibility Computation period during which an Employee completes at least 1,000 Hours of Service (or such lesser number of Hours of Service specified in the Adoption Agreement for this purpose).

  • YEAR OF ELIGIBILITY SERVICE means, with respect to any person, an Eligibility Computation Period during which such person receives credit for at least 1,000 Hours of Service.

  • YEAR OF ELIGIBILITY SERVICE means an Eligibility Computation Period in which an Employee completes at least 1,000 Hours of Service.

  • SECTION 1.63 YEAR OF ELIGIBILITY SERVICE means (a) in the case of an Employee classified as a full-time employee, a Period of Service of one year, and (b) in all other cases, an Eligibility Computation Period during which the Employee completed at least 1,000 Hours of Service.

  • A YEAR OF ELIGIBILITY SERVICE SHALL BE DEEMED COMPLETED ONLY AS OF THE LAST DAY OF THE COMPUTATION PERIOD (IRRESPECTIVE OF THE DATE IN SUCH PERIOD THAT THE EMPLOYEE COMPLETED ONE THOUSAND HOURS OF SERVICE).

  • YEAR OF ELIGIBILITY SERVICE means (a) in the case of an Employee classified as a full-time employee, a Period of Service of one year, and (b) in all other cases, an Eligibility Computation Period during which the Employee completed at least 1,000 Hours of Service.

  • YEAR OF ELIGIBILITY SERVICE Means a 12 consecutive month period which coincides with an Eligibility Computation Period during which an Employee completes at least 1,000 Hours of Service (or such lesser number of Hours of Service specified in the Adoption Agreement for this purpose).

  • YEAR OF ELIGIBILITY SERVICE means an Eligibility Computation Period in which a person has 1,000 or more Hours of Service.


More Definitions of YEAR OF ELIGIBILITY

YEAR OF ELIGIBILITY means the year in which the first EAP is payable under Group Savings Plan 2001.
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YEAR OF ELIGIBILITY is defined as the year in which the affected employee's effective date of retirement takes place in relationship to the eligibility requirements under the appropriate retirement system for eligibility to receive a retirement benefit according to one of the following levels: (i) Tiers I through IV: minimum age of eligibility with reduction of benefits; (ii) Tiers II through IV: thirty (30) years of service; (iii) Tiers II through IV: minimum age without reduction of benefits.
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YEAR OF ELIGIBILITY is defined as the year in which the affected employee's effective date of retirement takes place in relationship to the eligibility requirements under the New York State Teacher Retirement System for eligibility to receive a retirement benefit.
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YEAR OF ELIGIBILITY means the year in which a Beneficiary is expected to begin the second year of Eligible Studies (usually the year in which the Beneficiary becomes age 19) or such earlier or later year to which it is changed pursuant to sections 3 or 10, and is the year in which the first EAP(s) is/are paid to eligible Beneficiaries.
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YEAR OF ELIGIBILITY means the year in which a qualifying school
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YEAR OF ELIGIBILITY. Service shall mean an Eligibility Computation Period during which the Employee completes at least one thousand (1,000) Hours of Service. Notwithstanding the foregoing, effective with the Restatement Date, if any Employee's Employment Commencement Date occurred prior to the Restatement Date, such Employee's Year of Eligibility Service shall be the one (1) year period of employment commencing with the Employee's Employment Commencement Date, without reference to the number of Hours of Service completed during such Eligibility Computation Period. In addition, commencing July 10, 2000, with regard to any Employee who was a First Federal Former Employee and who was not a participant in the First Federal Plan on July 10, 2000, such Employee's Year of Eligibility Service shall be the one (1) year of employment commencing with the Employee's employment commencement date with First Federal and continuing with the Employer, without reference to the number of Hours of Service completed during such Eligibility Computation Period.
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Related to YEAR OF ELIGIBILITY

  • Year of Eligibility Service means where an Employer designates a one or two 12-consecutive-month eligibility waiting period, an Employee must complete at least 1,000 Hours of Employment during each 12-consecutive-month period (measured from his date of Employment and then as of the first day of each Plan Year commencing after such date of Employment); provided, however, if an Employee is credited with 1,000 Hours of Employment in both the initial eligibility computation period and the first Plan Year which commences prior to the first anniversary of the Employee's employment commencement date, the Employee will be credited, for eligibility purposes, with two Years of Eligibility Service. Where an Employer designates an eligibility waiting period of less than 12 months, an Employee must, for purposes of eligibility, complete a required number of hours (measured from his date of Employment and each anniversary thereafter) which is arrived at by multiplying the number of months in the eligibility waiting period requirement by 83 1/3; provided, however, if an Employee completes at least 1,000 Hours of Employment within the 12 month period commencing on his Employment commencement date or during any Plan Year commencing after such Employment commencement date, such Employee will be treated as satisfying the eligibility service requirements.

  • Year of Service means the computation period of twelve (12) consecutive months, herein set forth, during which an Employee has at least 1000 Hours of Service.

  • completed year of service means continuous service for one year;

  • Year of Vesting Service means a vesting computation period during which you complete 1,000 hours of service during the Plan Year.

  • Eligibility Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his eligibility to participate in the Plan as may be required under Article III or Article VI.

  • Eligibility Waiting Period means the continuous length of time you must be in Active Employment in an eligible class to reach your Eligibility Date.

  • Eligibility Computation Period means a 12-consecutive month period beginning with your first day of employment. Any succeeding Eligibility Computation Period will then switch to the Plan Year, beginning with the Plan Year that includes your first anniversary of employment. You will generally earn an hour of service for each hour you are paid for the performance of duties for the Company (however, numerous exceptions and special rules apply).

  • Year of Employment means a period of service of 12 months.

  • Retirement Eligibility means attainment of age 60 and completion of at least five (5) years of continuous service with the Company.

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

  • Eligibility means the decision as to whether an individual qualifies, under financial and nonfinancial requirements, to receive program benefits.

  • Plan Year means the calendar year.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Certificate of eligibility means a document issued by the bureau stating that the criminal record and all records of arrest, investigation, and detention associated with a case that is the subject of a petition for expungement is eligible for expungement.

  • Year of Participation means a Plan Year in which the Participant was eligible for an allocation of Employer contributions, irrespective of whether the Employer actually contributed to the Plan for that Plan Year.

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • Plan Year(s means the approximate twelve-month periods between annual meetings of the shareholders of the Company, which, for purposes of the Plan, are the periods for which annual retainers are earned.

  • Years of Service means the total number of full years in which a Participant has been employed by one or more Employers. For purposes of this definition, a year of employment shall be a 365 day period (or 366 day period in the case of a leap year) that, for the first year of employment, commences on the Employee's date of hiring and that, for any subsequent year, commences on an anniversary of that hiring date. Any partial year of employment shall not be counted.

  • Eligibility Date means the date you become eligible for insurance under this plan. The Eligibility Requirements are shown in the Schedule of Benefits.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Year of the Term as used herein shall mean each twelve-month period commencing on (START DATE).

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Eligibility period means the period in which a business may

  • Matching Period has the meaning specified in Section 5.4(1)(e).