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Short Plan Year BIS
BenefitsLink Message BoardsLink to more items from this source
July 12, 2021

"I have an plan that switch from a 9/30 PYE in 2016 to a 12/31 PYE. This created a short plan year of 10/1/2016 to 12/31/2016. My system is counting Breaks In Service (BIS) wrong in my opinion. It is counting the short plan year as one year. So I have people who worked <500 in the 4th quarter who terminated in 2017 as showing as having 5 BIS. It is counting the short plan year as 1 than 2017, 2018, 2019 and 2020 as the next 4. I think the 2017 terms are forfeiting a year early. I am pretty sure that is wrong. What I don't know is what is the right answer. Do I have to figure out if the person worked 500 hours in the calendar year? Do I ignore the short year? Any help or guidance is appreciated. Thanks"

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