BenefitsLink Message Boards > Is the 1000 hours participation rule only an IRC requirement, or is it

Full Version: Is the 1000 hours participation rule only an IRC requirement, or is it

BenefitsLink Message Boards > Retirement Plans > 401(k) Plans

maria jose

Oct 24 1999, 02:23 AM

I need to determine whether the 1000hrs. requirement for not excluding part-time workers is a requirement of the IRC only or if it is an ERISA requirement also? The plan is not qualified under the IRC but subject to ERISA.

P A Weick

Oct 24 1999, 11:01 AM

It is an ERISA requirement, too. See Section 203(B).

------------------

This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.