Years of Service; Breaks in Service; Year of Employment

Forfeiture of Years of Service

Once you are vested in University contributions, your Years of Service cannot be forfeited. However, if you are not vested in University contributions when you terminate employment with the University, you will forfeit previously earned Years of Service if you incur five (5) consecutive “1-Year Breaks in Service” as defined above. For example, if you are hired after July 1, 2005 and terminate employment after completing two (2) Years of Service, your two (2) Years of Service will not count towards vesting or, if applicable, towards eligibility if you incur five (5) consecutive 1-Year Breaks in Service. If you are rehired by the University before you incur five (5) consecutive 1-Year Breaks in Service, your pre-break Years of Service will be restored upon your rehire date.

While this Summary Plan Description summarizes the major provisions of this plan, it does not provide you with every plan detail. The plan documents, which govern this plan, provide full details. If there are any discrepancies between this Summary Plan Description and the legal plan documents, the legal plan documents control.