AgdaPkt 2003-03-24 - Laserfiche WebLink

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69.1.E -q 2.21 Salary Reduction Contribution The amount of compensation which a Participant elects to forego pursuant to a Salary Reduction Agreement and which the City allocates to fund the Participant's elected benefits under the Plan A pronoun or adjective in the masculine gender includes the feminine gender, and the singular includes the plural, unless the context clearly indicates otherwise. SECTION III - PARTICIPATION 3.1 Eligibility Each Employee whose customary employment, excluding overtime, is projected to be at least 20 hours per week will be eligible to participate in the Premium Contribution portion of the Plan upon becoming an Employee. Each Employee whose customary employment, excluding overtime, is projected to be at least 20 hours per week will be eligible to participate in the Dependent Care Assistance portion of the Plan upon becoming an Employee. Each Employee whose customary employment, excluding overtime, is projected to be at least 20 hours per week will be eligible to participate in the Medical Expense Reimbursement portion of the Plan upon becoming an Employee. An Employee will become a Participant on the first of the month following date of hire upon meeting the above eligibility requirements. For these purposes, an Employee's customary employment shall not be considered to be interrupted in the case of sick leave, military leave or any other leave of absence approved under normal leave policies of the City. 3.2 Cessation of Participation A Participant will cease to be a Participant as of the earlier of (a) the date on which the Plan terminates, or (b) the date on which he ceases to be eligible to participate under Section 3.1 and revokes his election to participate, or (c) the date on which he ceases to make contributions under the Plan or is deemed to cease making contributions by virtue of termination of employment with the City. In the event that a Participant terminates his employment during the Plan Year, the Participant will be entitled to receive the benefits under the Plan for which he is entitled under the terms of the Plan, but must apply for those benefits no later than 90 days following his termination of participation in the Plan. 3.3 Reinstatement of Former Participant A former Participant will become a Participant again if and when the Participant meets the eligibility requirements of Section 3.1.