ELECTIVE SERVICE CREDITING Sample Clauses
The Elective Service Crediting clause defines how periods of elective or voluntary service are recognized and counted toward an employee’s total service time for purposes such as benefits, seniority, or retirement eligibility. Typically, this clause outlines the types of elective service that qualify, such as unpaid leaves of absence, military service, or other approved periods away from regular duties, and specifies any conditions or limitations for crediting these periods. Its core practical function is to ensure that employees are not disadvantaged in terms of benefits or status due to time spent in approved elective service, thereby promoting fairness and encouraging participation in such activities.
ELECTIVE SERVICE CREDITING. (1. 66). The Plan must credit Related Employer Service under Section 1.29(B) and also must credit certain Predecessor Employer/Predecessor Employer Service under Section 1.66(A)/(B). If the Plan is a Multiple Employer Plan, the Plan also must credit Service as provided in Section 10.07. The Plan also elects under Section 1.66(C) to credit as Service the following Predecessor Employer Service (Choose (a) or (b).):
ELECTIVE SERVICE CREDITING. (1.56(C)). The Plan must credit Related Employer Service under Section 1.23(C) and also must credit certain Predecessor Employer/Predecessor Plan Service under Section 1.56(B). The Plan also elects under Section 1.56(C) to credit as Service the following Predecessor Employer service (Choose one of (a) or (b)):
(a) [ ] Not applicable. No elective Predecessor Employer Service crediting applies.
(b) [ ] Applies. The Plan credits the specified service with the following designated Predecessor Employers as Service for the Employer for the purposes indicated (Choose (1) and (2) as applicable. Complete (3). Choose (4) if applicable): [Note: Any elective Service crediting under this Election 13 must be nondiscriminatory.]
(1) [ ] All purposes. Credit Service for all purposes with Predecessor Employer(s):
(1) Eligibility (2) Vesting (3) Contribution Allocation
(2) [ ] Designated purposes. Credit Service with the following Predecessor Employer(s) for the designated purpose(s): a. Employer: [ ] [ ] [ ] b. Employer: [ ] [ ] [ ] c. Employer: [ ] [ ] [ ]
(3) Time period. Under Elections 13(b)(1) or (2), the Plan credits (Choose one or more of a., b., and c. as applicable):
a. [ ] All. All Service under Election(s) 13(b) , regardless of when rendered.
b. [ ] Service after. All Service under Election(s) 13(b) , which is or was rendered after: (specify date).
c. [ ] Service before. All Service under Election(s) 13(b) , which is or was rendered before: (specify date).
(4) [ ] Describe elective Predecessor Employer Service crediting:
ARTICLE II ELIGIBILITY REQUIREMENTS
ELECTIVE SERVICE CREDITING. (1.59(C)). The Plan must credit Related Employer Service under Section 1.24(C) and also must credit certain Predecessor Employer/Predecessor Plan Service under Section 1.59(B). If the Plan is a Multiple Employer Plan, the Plan also must credit Service as provided in Section 12.08. The Plan also elects under Section 1.59(C) to credit as Service the following Predecessor Employer service (Choose one of (a) or (b).):
(a) [X] Not applicable. No elective Predecessor Employer Service crediting applies.
(b) [ ] Applies. The Plan credits the specified service with the following designated Predecessor Employers as Service for the Employer for the purposes indicated (Choose one or both of (1) and (2) as applicable. Complete (3). Choose (4) if applicable.): [Note: Any elective Service crediting under this Election 13 must be nondiscriminatory.]
(1) [ ] All purposes. Credit as Service for all purposes, service with Predecessor Employer(s):
(2) [ ] Designated purposes. Credit as Service, service (1) (2) (3) with the following Predecessor Employer(s) for Contribution the designated purpose(s): Eligibility Vesting Allocation
a. Employer: [ ] [ ] [ ]
ELECTIVE SERVICE CREDITING. If the Employer does not maintain the plan of a Predecessor Employer, the Plan does not credit Service with the Predecessor Employer, unless the Employer in its Adoption Agreement (or in a Participation Agreement, if applicable) elects to credit designated Predecessor Employer Service and specifies the purposes for which the Plan will credit service with that Predecessor Employer. Unless the Employer under its Adoption Agreement provides for this purpose specific Entry Dates, an Employee who satisfies the Plan’s eligibility condition(s) by reason of the crediting of predecessor service will enter the Plan in accordance with the provisions of Article II as if the Employee were a re-employed Employee on the first day the Plan credits predecessor service.
ELECTIVE SERVICE CREDITING. (1.66). The Plan must credit Related Employer Service under Section 1.29(B) and also must credit certain Predecessor Employer/Predecessor Employer Service under Section 1.66(A)/(B). If the Plan is a Multiple Employer Plan, the Plan also must credit Service as provided in Section 10.07. The Plan also elects under Section 1.66(C) to credit as Service the following Predecessor Employer Service (Choose (a) OR (b).):
(a) [ ] Not applicable. No elective Predecessor Employer Service crediting applies.
(b) [ ] Predecessor Employer. The Plan credits the specified service with the following designated Predecessor Employers as Service for the Employer for the purposes indicated (Complete (1). Choose (2) and/or (3) if applicable): [Note: Any elective Service crediting under this Election 12 must be nondiscriminatory if this is an ERISA Plan.]
(1) Employer/Purposes. Credit as Service, (1) (2) (3) (4) service with the following Predecessor Employer(s) for the designated purpose(s) (Choose one or more): All Purposes Eligibility Vesting Allocation Conditions
a. [ ] Employer: [ ] [ ] [ ] [ ]
b. [ ] Employer: [ ] [ ] [ ] [ ]
c. [ ] Employer: [ ] [ ] [ ] [ ]
d. [ ] Type of Predecessor. Credit service with any Predecessor [ ] [ ] [ ] [ ] Employer which is (Choose one or more of i. - vi.):
i. [ ] An Educational Organization.
ii. [ ] An Educational Organization providing post-secondary education.
iii. [ ] An Eligible Employer.
iv. [ ] A Church-Related Organization.
v. [ ] A nonprofit research institution.
vi. [ ] Other: (specify organization type)
(2) [ ] Time period. Subject to any exceptions noted under Election 12(b)(3), the Plan credits as Service under Election 12(b)(1), all service regardless of when rendered unless a. and/or b. is elected below (Choose a. and/or b. if applicable):
a. [ ] Service after. All service, which is or was rendered after: (specify date).
b. [ ] Service before. All service, which is or was rendered before: (specify date).
(3) [ ] Describe elective Predecessor Employer Service crediting:
ELECTIVE SERVICE CREDITING. (1.66(A)). The Plan must credit Related Employer Service under Section 1.29(B) and also must credit certain Predecessor Employer/Predecessor Employer Service under Section 1.66(B). If the Plan is a Multiple Employer Plan, the Plan also must credit Service as provided in Section 10.07. The Plan also elects under Section 1.66(C) to credit as Service the following Predecessor Employer Service (Choose (a) or (b).):
(a) [X] Not applicable. No elective Predecessor Employer Service crediting applies.
(b) [ ] Predecessor Employer. The Plan credits the specified service with the following designated Predecessor Employers as Service for the Employer for the purposes indicated (Complete (1). Choose (2) and/or (3) if applicable):
(1) Employer/Purposes. Credit as Service, (1) (2) (3) (4) service with the following Predecessor Employer(s) for the designated purpose(s) (Choose one or more): All Purposes Eligibility Vesting Allocation Conditions
ELECTIVE SERVICE CREDITING. (1.56(C)). The Plan must credit Related Employer Service under Section 1.23(C) and also must credit certain Predecessor Employer/Predecessor Plan Service under Section 1.56(B). The Plan also elects under Section 1.56(C) to credit as Service the following Predecessor Employer service (Choose one of (a) or (b)):
(a) [ ] Not applicable. No elective Predecessor Employer Service crediting applies.
(b) [ ] Applies. The Plan credits the specified service with the following designated Predecessor Employers as Service for the Employer for the purposes indicated (Choose (1) and (2) as applicable. Complete (3). Choose (4) if applicable): [Note: Any elective Service crediting under this Election 13 must be nondiscriminatory.]
(1) [ ] All purposes. Credit Service for all purposes with Predecessor Employer(s): (insert as many names as needed).
(1) (2) (3) Contribution (2) [ ] Designated purposes. Credit Service with the following Eligibility Vesting Allocation Predecessor Employer(s) for the designated purpose(s): a. Employer: [ ] [ ] [ ] b. Employer: [ ] [ ] [ ] c. Employer: [ ] [ ] [ ]
ELECTIVE SERVICE CREDITING. If the Employer does notmaintain the plan of a Predecessor Employer, the Plan doesnot credit Service with the Predecessor Employer, unless theEmployer in its Adoption Agreement (or in a ParticipationAgreement, if applicable) elects to credit designatedPredecessor Employer Service and specifies the purposes for which the Plan will credit service with that Predecessor Employer. Unless the Employer under its AdoptionAgreement provides for this purpose specific Entry Dates, anEmployee who satisfies the Plan's eligibility condition(s) byreason of the crediting of predecessor service will enter thePlan in accordance with the provisions of Article II as if theEmployee were a re-employed Employee on the first day the Plan credits predecessor service.
ELECTIVE SERVICE CREDITING. Except as provided in Section 1.66(B), the Plan does not credit Service with the Predecessor Employer unless the Employer, in its Adoption Agreement (or in a Participation Agreement, if applicable) elects to credit designated Predecessor Employer Service and specifies the purposes for which the Plan will credit service with that Predecessor Employer. Unless the Employer under its Adoption Agreement provides for this purpose specific Entry Dates, an Employee who satisfies the Plan’s eligibility condition(s) by reason of the crediting of Predecessor Employer Service will enter the Plan in accordance with the provisions of Article 2 as if the Employee were a re-employed Employee on the first day the Plan credits Predecessor Employer Service. If the Plan is an ERISA Plan, then Service crediting under this provision will comply with Treas. Reg. §1.401(a)(4)-11(d)(3).
ELECTIVE SERVICE CREDITING. (1.59(C)). The Plan must credit Related Employer Service under Section 1.24(C) and also must credit certain Predecessor Employer/Predecessor Plan Service under Section 1.59(B). If the Plan is a Multiple Employer Plan, the Plan also must credit Service as provided in Section 12.08. The Plan also elects under Section 1.59(C) to credit as Service the following Predecessor Employer service (Choose one of (a) or (b).):
(a) [ ] Not applicable. No elective Predecessor Employer Service crediting applies.
(b) [X] Applies. The Plan credits the specified service with the following designated Predecessor Employers as Service for the Employer for the purposes indicated (Choose one or both of (1) and (2) as applicable. Complete (3). Choose (4) if applicable.): [Note: Any elective Service crediting under this Election 13 must be nondiscriminatory.]
(1) [ ] All purposes. Credit as Service for all purposes, service with Predecessor Employer(s): (insert as many names as needed).
(2) [X] Designated purposes. Credit as Service, service (1) (2) (3) with the following Predecessor Employer(s) for Contribution the designated purpose(s): Eligibility Vesting Allocation
a. Employer: The Gallup Water Service, Inc., The Barnstable Water Company, The Crystal Water Company, Aqua America, Inc. and any affiliated companies or predecessor companies such as Aqua Maine, Inc., Consumers Water Company and Consumers Maine Water Company, Biddeford & Saco Water Company. [X] [X] [ ]
b. Employer: [ ] [ ] [ ]
c. Employer: [ ] [ ] [ ]
(3) Time period. Subject to any exceptions noted under Election 13(b)(4), the Plan credits as Service under Elections 13(b)(1) or