Common use of ELECTIVE SERVICE CREDITING Clause in Contracts

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: [ ] [ ] [ ]

Appears in 1 contract

Sources: Adoption Agreement

ELECTIVE SERVICE CREDITING. (1.59(C)1.66). The Plan must credit Related Employer Service under Section 1.24(C1.29(B) and also must credit certain Predecessor Employer/Predecessor Plan Employer Service under Section 1.59(B1.66(A)/(B). If the Plan is a Multiple Employer Plan, the Plan also must credit Service as provided in Section 12.0810.07. The Plan also elects under Section 1.59(C1.66(C) to credit as Service the following Predecessor Employer service Service (Choose one of (a) or OR (b).): (a) [X] Not applicable. No elective Predecessor Employer Service crediting applies.applies.‌ (b) [ ] AppliesPredecessor Employer. 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 Complete (1) and (2) as applicable. Complete (3). Choose (42) and/or (3) if applicable.): [Note: Any elective Service crediting under this Election 13 12 must be nondiscriminatorynondiscriminatory if this is an ERISA Plan.] (1) [ ] All purposes. Credit as Service for all purposes, service with Predecessor Employer(s): (2) [ ] Designated purposesEmployer/Purposes. Credit as Service, service (1) (2) (3) (4) service with the following Predecessor Employer(s) for Contribution All Allocation the designated purpose(s) (Choose one or more): Purposes Eligibility Vesting Allocation a. Employer: [ ] [ ] [ ]Conditions

Appears in 1 contract

Sources: Adoption Agreement

ELECTIVE SERVICE CREDITING. (1.59(C)1.66). The Plan must credit Related Employer Service under Section 1.24(C1.29(B) and also must credit certain Predecessor Employer/Predecessor Plan Employer Service under Section 1.59(B1.66(A)/(B). If the Plan is a Multiple Employer Plan, the Plan also must credit Service as provided in Section 12.0810.07. The Plan also elects under Section 1.59(C1.66(C) to credit as Service the following Predecessor Employer service Service (Choose one of (a) or OR (b).): (a) [X] Not applicable. No elective Predecessor Employer Service crediting applies. (b) [ ] AppliesPredecessor Employer. 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 Complete (1) and (2) as applicable. Complete (3). Choose (42) and/or (3) if applicable.): [Note: Any elective Service crediting under this Election 13 12 must be nondiscriminatorynondiscriminatory if this is an ERISA Plan.] (1) [ ] All purposes. Credit as Service for all purposes, service with Predecessor Employer(s): (2) [ ] Designated purposesEmployer/Purposes. Credit as Service, service (1) (2) (3) (4) service with the following Predecessor Employer(s) for Contribution All Allocation the designated purpose(s) (Choose one or more): Purposes Eligibility Vesting Allocation a. Employer: [ ] [ ] [ ]Conditions

Appears in 1 contract

Sources: Adoption Agreement

ELECTIVE SERVICE CREDITING. (1.59(C1.66(A)). The Plan must credit Related Employer Service under Section 1.24(C1.29(B) and also must credit certain Predecessor Employer/Predecessor Plan Employer Service under Section 1.59(B1.66(A)/(B). If the Plan is a Multiple Employer Plan, the Plan also must credit Service as provided in Section 12.0810.07. The Plan also elects under Section 1.59(C1.66(C) to credit as Service the following Predecessor Employer service Service (Choose one of (a) or (b).): (a) [X] Not applicable. No elective Predecessor Employer Service crediting applies.applies.‌ (b) [ ] AppliesPredecessor Employer. 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 Complete (1) and (2) as applicable. Complete (3). Choose (42) and/or (3) if applicable.): [Note: Any elective Service crediting under this Election 13 12 must be nondiscriminatorynondiscriminatory and be within the meaning of Treas. Reg. §1. 401(a)(4)-11(d)(3), as applicable, e.g., with an employer in a related industry.] (1) [ ] All purposes. Credit as Service for all purposes, service with Predecessor Employer(s): (2) [ ] Designated purposesEmployer/Purposes. Credit as Service, service (1) (2) (3) (4) service with the following Predecessor Employer(s) for Contribution the designated purpose(s) (Choose one or more): All Purposes Eligibility Vesting Allocation a. Employer: [ ] [ ] [ ]Allocation Conditions

Appears in 1 contract

Sources: Adoption Agreement

ELECTIVE SERVICE CREDITING. (1.59(C1.66(A)). The Plan must credit Related Employer Service under Section 1.24(C1.29(B) and also must credit certain Predecessor Employer/Predecessor Plan Employer Service under Section 1.59(B1.66(A)/(B). If the Plan is a Multiple Employer Plan, the Plan also must credit Service as provided in Section 12.0810.07. The Plan also elects under Section 1.59(C1.66(C) to credit as Service the following Predecessor Employer service Service (Choose one of (a) or (b).): (a) [X] Not applicable. No elective Predecessor Employer Service crediting applies. (b) [ ] AppliesPredecessor Employer. 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 Complete (1) and (2) as applicable. Complete (3). Choose (42) and/or (3) if applicable.): [Note: Any elective Service crediting under this Election 13 12 must be nondiscriminatorynondiscriminatory and be within the meaning of Treas. Reg. §1. 401(a)(4)-11(d)(3), as applicable, e.g., with an employer in a related industry.] (1) [ ] All purposes. Credit as Service for all purposes, service with Predecessor Employer(s): (2) [ ] Designated purposesEmployer/Purposes. Credit as Service, service (1) (2) (3) (4) service with the following Predecessor Employer(s) for Contribution the designated purpose(s) (Choose one or more): All Purposes Eligibility Vesting Allocation a. Employer: [ ] [ ] [ ]Allocation Conditions

Appears in 1 contract

Sources: Adoption Agreement