Guest Cbanarer Posted July 1, 2002 Share Posted July 1, 2002 How do you handle determination of eligibility and service for vesting for a participant who works less than 1,000 hours during the plan year in which they are hired? EXAMPLE: Plan year is calendar year; EE hired 8/15/01 and works 950 hours in 2001, then 2080 hours in 2002. First year of service for both eligility and vesting is 8/15/01-8/14/02, during which he worked over 1,000 hours; second year of service is the 2002 plan year. He should end 2002 with 2 years of service but our system does not give him credit for a year of service for his first 12 months. Does any system handle this properly? Link to comment Share on other sites More sharing options...
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