Loading...
HomeMy WebLinkAbout0311 ; . . _ . _ - - - - . ~ . _ ' u ~ 4. tJh~~r~~ th~ ~mul oyer ma inta ins th~ ~~l of a {~rec~eces:.or employer, service for such pre- ~ decessor er~oloyer shall be treated as ser- vi.:e for th~• employer. . (u) "BreaK in Servicc": ~ E3reak in ServicF• shall :nean the Eliyihility Computation Period during which a Participant has not completed more than SU0 Hours of Service, including such hours for which an ~ employee is directly o.r indirectly paid, or,en- i titled to payment by the Employer for vacations, holidays, sickness, disability, paid payoffs, and - , similar paici periods of non-working ti:ne dnrfnq i ~ t:~e El igibil ity Computation Per iod. Such hours sh311 be counted in the Computation Period in ~ wt~i:.h payment is made or amount payable comes due. ~or purposes of determining whether an employee endures a ereak in Service, Hours of Service shall be determined by~ divic~inq the pay- ~ ments received or due Eor reasons other than the ' performance of duties by,_the lesser oE 1) the . employee's most recent hourly rate oE compensation for the performance of duties; or 2) the employee's f average hourly rate of compeRSation for the perfor- i mance of duties for the most recent computation period in which the employee completed more than- 500 Hours of Service. (v) Computation Per iods: 1. "Fligibility Computation Period": Eligibility Computation Period shall mean the 12-consecu- tive-month period beqinning on the employment commencement date on which an employee first ~ performs one Hour of Service for the Employer and succeeding 12-consecutive-month periods . heginning on anniversaries of the employment . c.ommencement date if the employee fails to ; complete 1~000 Hours of Service in the I2- month-consecutive months beginning with the ~ employment commencement date._ - € . ~ -17- ~ ~~~29~ ~ `310 . ~ _ ~ ~ ~o-' ~w A ~,ri.~ • Pv'c"'~ ~Y~ Y~ _ ~e~t~ _ _ ~M` -