Elapsed Time. A special method for crediting service for eligibility or vesting. See Section 2.03(a)(5) for more information on the Elapsed Time method of crediting service for eligibility purposes and Section 7.03(b) for more information on the Elapsed Time method of crediting service for vesting purposes. Also see Section 3.06 for information on the Elapsed Time method for allocation conditions.
Appears in 2 contracts
Sources: Governmental 457(b) Plan Basic Plan Document, Governmental 457(b) Plan Basic Plan Document
Elapsed Time. A special method for crediting service for eligibility or vesting. See Section 2.03(a)(52.03(a)(6) for more information on the Elapsed Time method of crediting service for eligibility purposes and Section 7.03(b6.04(b) for more information on the Elapsed Time method of crediting service for vesting purposes. Also see Section 3.06 3.07 for information on the ability to use the Elapsed Time method for applying allocation conditionsconditions under the Plan.
Appears in 1 contract
Sources: Governmental Nonstandardized Defined Contribution Plan