Common use of BREAK IN SERVICE - PARTICIPATION Clause in Contracts

BREAK IN SERVICE - PARTICIPATION. (2.03). The one year hold-out rule described in Section 2.03(C) (select (a) or (b)): (a) [ ] Does not apply.‌ (b) [ ] Limited application. Applies to the Plan, but only to a Participant who has incurred a Severance from Employment. [Note: The Plan does not apply the rule of parity under Code §410(a)(5)(D) unless the Employer in Appendix B specifies otherwise. See Section 2.03(D).]

BREAK IN SERVICE - PARTICIPATION. (2.03). The one year hold-out rule described in Section 2.03(C) (select Choose one ofselect (a), (b),) or (bc).):b)): (a) [ ] Does not apply.‌apply. (b) [ ] Applies. Applies to the Plan and to all Participants.‌ (c(b)[ ] Limited application. Applies to the Plan, but only to a Participant who has incurred a Severance from Employment. [Note: The Plan does not apply the rule of parity under Code §410(a)(5)(D) unless the Employer in Appendix B specifies otherwise. See Section 2.03(D).]

BREAK IN SERVICE - PARTICIPATION. (2.03). The one year hold-out rule described in Section 2.03(C) (select (a) or (b)): (a) [ [X] Does not apply.‌apply. (b) [ ] Limited application. Applies to the Plan, but only to a Participant who has incurred a Severance from Employment. [Note: The Plan does not apply the rule of parity under Code §410(a)(5)(D) unless the Employer in Appendix B specifies otherwise. See Section 2.03(D).]