DB Plan counts hours. Amending to change vesting and benefit accrual computation periods from employment date and anniversaries thereof to calendar year. Hours worked during "overlap" will be credited in both periods.


Any special pitfalls I should be aware of ? I am aware of the regs for elapsed time to hours, or vica versa, amendment but found nothing like them on computation period amendment.

Thanks.

You may want look at dol reg 2530.204-1(e) on change to accrual computation period. It provides for use of a short accrual period, rather than an overlap.

exactly what I was looking for - Thanks.