Common use of Excluded Service Clause in Contracts

Excluded Service. Generally, all service with the Employer counts for purposes of applying the Plan’s vesting schedules. However, the Employer may elect under AA §8-3 to exclude certain service with the Employer in calculating an Employee’s vesting Years of Service.

Appears in 3 contracts

Sources: Governmental 457(b) Plan Basic Plan Document, Governmental Nonstandardized Defined Contribution Plan, Governmental 457(b) Plan Basic Plan Document