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Showing results for tags 'False equivalency'.
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Participant is a salaried employee whose regular work schedule is 35 hours per week. The person is paid for 35 hours per week, with no overtime. Participant terminated on June 14th. Hours at 35 x weeks is under the 1,000 for vesting. If equivalency has to be used, at 45 hours per week, person has 1,000 hours. Since hours are not actually tracked, is it required to use equivalency? Plan uses standard definitions: (1): The term Hour of Service means (1) each hour for which an Employee is paid, or entitled to payment, for the performance of duties for the Employer or an Affiliated Employer (2): Use of Equivalencies. Notwithstanding paragraph (a), the Administrator may elect for all Employees or for one or more different classifications of Employees Thanks for your help with this.
