Years of Service. Option (b) should only be chosen if you wish to require less than 1000 hours to be worked by an employee for eligibility. Usually Option (a) is chosen. Eligibility Computation Period - Choose whether to measure subsequent eligibility periods on the employee's anniversary or the plan year. Option (d) is chosen for administrative convenience.
Appears in 14 contracts
Sources: Nonstandardized 401(k) Plan Adoption Agreement (Invesco Value Trust), Adoption Agreement (Invesco Industrial Income Fund Inc), Adoption Agreement (Invesco Capital Appreciation Funds Inc)
Years of Service. Option (b) should only be chosen if you wish to require less than 1000 hours to be worked by an employee for eligibility. Usually Option (a) is chosen. Eligibility Computation Period - Choose whether to measure subsequent eligibility periods on the employee's anniversary (Option (c) or the plan yearyear (Option (d)). Option (d) is chosen for administrative convenience.
Appears in 2 contracts
Sources: Adoption Agreement (Invesco Growth Fund Inc /Co/), Adoption Agreement (Invesco International Funds Inc)