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     Home → Welfare→ SPD → 1.5 TERMINATION OF ELIGIBILITY FOR EMPLOYEES


1.5 TERMINATION OF ELIGIBILITY FOR EMPLOYEES

Eligibility of Employees and their Dependents will terminate on the earliest of any of the following dates:

  1. For Employees and their Dependents, the later of:
    1. the last day of the month in which the Employee no longer qualifies as an Eligible Employee; or
    2. the last day of the calendar month following the calendar month for which the Employee’s hour bank account totals less than 80 hours (for example, if Covered Hours plus any hours available from the hour bank account add up to less than 80 hours on the last day of September, coverage will end on October 31);
  2. the date the Employee or Dependent enters full-time service (more than 31 days) in the Uniformed Services of the United States, except as provided under the section of this Booklet entitled Continued Coverage While in Uniformed Service;
  3. the date the Employee or Dependent enters the military service of any country other than the United States;
  4. For all Participants, the date the Plan terminates.


 

 
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