Year of Service for Vesting definition

Year of Service for Vesting means a Plan Year during which the Employee completes at least 1,000 Hours of Service. The following special rules shall apply:
Year of Service for Vesting means with respect to any Employee, all periods of employment with the Employer, whether or not consecutive, measured from the Employee's Employment Commencement Date and ending on his Service Termination Date. Years of Service for Vesting shall also include the period following his Service Termination Date, provided he is reemployed by the Employer prior to incurring a Break in Service.
Year of Service for Vesting means a Plan Year, either before or after the effective date of this Plan, during which the Employee had not less than one thousand (1,000) Hours of Service after attaining age eighteen (18).

Examples of Year of Service for Vesting in a sentence

  • A Year of Service for Vesting shall be determined by the following method (check one): [ X ] (A) REGULAR METHOD.

  • The number of Hours of Service which must be completed in order for a Participant to have a Year of Service for Vesting is [ 200 ] (fill in blank but not to exceed 1,000 Hours of Service).

  • In determining a Year of Service for Vesting, all such Leaves of Absence shall be considered to be periods of continuous employment with the Employer.

  • An Employee who completes 1,000 or more Hours of Service during the applicable Computation Year shall be credited with a Year of Service for Vesting.

  • Summary of JSL Issues Surrounding CCOs Liability RiskRisk theoretically affected by CCOs?Potential JSL statute modificationsSole liability risk (direct or vicarious) for CCOs and providersNot likely to be materially different.


More Definitions of Year of Service for Vesting

Year of Service for Vesting means a Plan Year during which the Employee had not less than 1,000 Hours of Service; provided, however, for maritime Employees, a "Year of Service for Vesting" shall mean a Plan Year during which the maritime Employee completes 125 Days of Service.
Year of Service for Vesting means each calendar year during which an Employee is credited with 1000 or more Hours of Service. A "Year of Service for Vesting" will also mean each year of service, if any, credited to an Employee by the Administrator on a nondiscriminatory basis for service rendered by the Employee to a prior employer.
Year of Service for Vesting means a Period of Service of one full year.
Year of Service for Vesting means, with respect to any Employee, a Vesting Period during which the Employee has completed 1,000 or more Hours of Service. Employees who participated in the Prior Plan as of January 1, 1983 shall be granted one (1) Year of Service for Vesting for the Plan Year ended December 31, 1982 regardless of the number of Hours of Service completed in such Plan Year. For purposes of this Section 2.51, service performed for Digital Electronic Automation Company or Brown & Sharpe Aftermarket Services, Inc. (or its predecessor) shall be credited as service for the Employer.
Year of Service for Vesting means a Plan Year during which the Employee had not less than qne thousand (1,000) Hours of Service after attaining age eighteen (18).
Year of Service for Vesting means a Plan Year during which the Employee had not less than 1,000 Hours of Service.
Year of Service for Vesting means a Plan Year during which the Employee had not less than one thousand (1,000) Hours of Service after attaining age eighteen (18). An Employee will not be credited for Years of Service prior to the effective date of this Plan.