Mr Bagwell Posted August 22, 2016 Posted August 22, 2016 700 Hours of Service within the 4 months time period following the Employee's Employment Commencement Date seems like an odd combination to me. Anyone agree?
rcline46 Posted August 22, 2016 Posted August 22, 2016 That is time in excess of 40 hours a week. However it just may be permitted BECAUSE the plan must also the th 1,000 hours in 12 months rule and so people will get in. It is a bit strange though.
Mr Bagwell Posted August 22, 2016 Author Posted August 22, 2016 Thanks rcline, Those were my thoughts as well. Strange.....
BG5150 Posted August 22, 2016 Posted August 22, 2016 That is time in excess of 40 hours a week. However it just may be permitted BECAUSE the plan must also the th 1,000 hours in 12 months rule and so people will get in. It is a bit strange though. Just barely. 52 weeks/yr. 1/3 x 52 = 17.3333 700/17.3333 = 40.38 I'm thinking someone too the "standard" 2080 hours a year and divided by 3 (693.33) and rounded up. K2retire and hr for me 2 QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
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