Participant Eligibility Rules - After Tax

Location

The field is automatically populated with a -Default- location. Alternatively, a Plan-specific location code can be added to define rules for certain groups of employees or regions. A location can only be added if there are locations defined in the Plan. Note: You can set different eligibility rules for each location in the same Plan.

Optional

Eligibility Type

After-Tax is the default selection.

Required, if the Plan allows after-tax contributions

Eligibility Rules Required in the Plan

Select this check box to define the eligibility rules.

Required, if the Plan allows after-tax contributions

Use Open Enrollment Date

Select this check box for TSM SmartClient to calculate enrollment dates using the open enrollment date. The open enrollment feature allows an employer to grant more liberal eligibility requirements to its current employees than to its future hires. Note: An Open Enrollment Date must be entered first on the Setup>Plans>Plan - Setup tab before selecting this check box. If a date is not entered, the eligibility rules cannot be saved.

Optional

Age

Enter the minimum age required to participate in the Plan.

Required, if the Plan defines a minimum age.

Months of Service

Enter the number of months a participant must be employed, from their date of hire, to be considered eligible to participate in the Plan. The default is 0. Note: The hire date is set in the Setup>Participants> Employment Dates option.

Required, if the Plan defines service as a minimum number of months.

And/Or

Enter "And" when hours are required in addition to months of service. Enter "Or" when hours are required as an alternative to months of service.

Required, if the Plan defines service in terms of hours.

Use Rehire Date for Eligibility

Select this check box for TSM SmartClient to calculate eligibility based on the participant's rehire date, if one exists. If selected, the Use Break in Service check box must be selected on the Setup>Plans>Plan - Vesting tab and the Break in Service Rules must be defined.

Optional

Hours of Service

Enter the number of hours that a participant must complete before he is eligible for Plan participation. Hours of service information must be defined in the Setup>Participants> Payroll Detail option.

Required, if the Plan defines service in terms of hours.

Switch to Plan Year
OR
Anniversary Year

Select whichever method the Plan defines as the computation period method.

Required, if the Plan defines service in terms of hours.

Update Permissive Disaggregation Flags

Select this check box only if the Plan Participation eligibility rules have months of service less than 12 or has an age of less than 21. This will flag any participant eligible under the Plan's eligibility rules but is either less than 21 years of age or has not worked at least 12 months as 'Permissive Disaggregated' on the Setup>Participants>Participant Plan Other Information - Eligibility tab when running the Setup>Participants>Update Eligibility option.

Optional

Used only for Compliance Testing

Use Statutory Entry Dates

Select this option to make a participant's Enrollment Date the date coinciding with the Eligibility date or the next available Enrollment Date, whichever is earlier.

Required, if the Plan defines entry dates.

Use Plan Entry Dates

Select this option to make a participant's 'Enrollment Date' the preceding Enrollment Date.

Required, if the Plan defines entry dates.

Management Account

Select this check box to exclude any participants from the eligibility process that are flagged as Management Accounting on the Setup>Participants>General Information - Dates tab.

Optional

Segregated Accounting

Select this check box to exclude any participants from the eligibility process that are flagged as Segregated Accounting on the Setup>Participants>General Information - Dates tab.

Optional

Plan Enrollment Date Start (MM/DD)

Enter the Month and Day on which eligible participants will be able to enroll. This field is used in conjunction with the Plan Enrollment Cycle field and the Enrollment Start Rules options. For example, if a participant is eligible as of 05/24/2007 and you enter 01/01 (with Monthly as the cycle frequency and Enroll Next as the Enrollment Start Rules option), the participant's Enrollment Date will be 06/01/2007.

Required, if the Plan defines entry dates.

Plan Enrollment Date Cycle

Enter the frequency (monthly, quarterly, etc.) in which an eligible participant will be able to enroll. This field is used in conjunction with the Plan Enrollment Start (MM/DD) field and the Enrollment Start Rules options. For example, if a participant is eligible as of 05/24/2007 and you select Monthly (with 01/01 as the Plan Enrollment Start date and Enroll Preceding as the Enrollment Start Rules option), the participant's Enrollment Date will be 05/01/2007.

Required, if the Plan defines entry dates.

Enroll Next

Select this option to make a participant's Enrollment Date the next available Enrollment Date.

Required, if the Plan defines entry dates.

Enroll Coinciding with or Next

Select this option to make a participant's Enrollment Date the date coinciding with the Eligibility date or the next available Enrollment Date, whichever is earlier.

Required, if the Plan defines entry dates.

Enroll Preceding

Select this option to make a participant's 'Enrollment Date' the preceding Enrollment Date.

Required, if the Plan defines entry dates.

Enroll Nearest

Select this option to make a participant's 'Enrollment Date' earlier than their Eligibility Date.

Required, if the Plan defines entry dates.