Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Break in Service Year (Erisa Pension-Plan Standards)

An anniversary year during which a plan participant does not complete more than 500 hours of service and earns no pension benefits. If a non-vested employee incurs five or more consecutive break years, that employee may lose all the time towards vesting under the plan.
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