VESTING

[Guest AP]

Can you use an Elapsed Time vesting Method and also exclude plan years prior to adoption of plan?

I wouldn't think you could but can anyone confirm for me.

Thanks.

[Guest Dook]

We are using a prototype document that allows this. I cannot offer a cite to back it up though, sorry!

[Dave Baker]

Are you thinking the elapsed time method has some wrinkle that would make it different from the usual ability to disregard vesting service prior to the effective date under an Hours of Service plan?

[Guest AP]

Yes. That is what I am unsure about. Can anyone clarify this for me?

Thanks.