How Does 1,000-Hour Rule Apply to Non-Retirement Benefits?

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How Does 1,000-Hour Rule Apply to Non-Retirement Benefits?
Workforce

[Guidance Overview]
Nov. 16, 2011

The best-known 1,000-hour rule is contained in Part 2 of Title 1 of the Employee Retirement Income and Security Act of 1974 (ERISA) and generally only applies to employee pension benefit plans. It's also mentioned in the Internal Revenue Code (IRC) Sections 410(a) and 411(a) regarding participation and vesting in retirement plans. MORE >>

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