280.10 ELIGIBILITY REQUIREMENTS
Each employee who is employed as a regular, full-time employee of the employer shall participate herein as of the first day of employment with the employer provided that all prerequisites to participation under this plan shall have been fulfilled, including but not limited to, completion of all forms required by the Plan Administrator. Each employee who was a participant in the plan on the day prior to the restatement date shall continue to be a participant on and after the restatement date subject to the terms and conditions of the plan as set forth herein.
280.11 PARTICIPATION REQUIREMENTS
The Board shall furnish the Plan Administrator with written notification of the appointment of any new regular, full-time employee who is eligible for participation hereunder. Each participant hereunder shall be required to make contributions to the plan, as provided in Section 280.20, and shall execute and complete any enrollment or application forms as required by the Plan Administrator.
280.12 DESIGNATION OF BENEFICIARY
Any new, full-time employee who becomes a participant hereunder shall provide a written notice which designates the beneficiary or beneficiaries to the Plan Administrator at the time participation commences. The participant’s election of any such beneficiary or beneficiaries may be rescinded or changed, without the consent of the beneficiary or beneficiaries, at any time, provided the participant provides the Plan Administrator with written notice of the changed designation and such election is not contrary to applicable law.
Each person who shall have previously been an employee in employment, and who is a participant hereunder and has not received a distribution of accumulated contributions, shall be eligible to resume accumulation of credit for years of service immediately upon the date of re-employment with the employer if all other conditions precedent to participation, such as payment of employee contributions, are satisfied. Each person who shall have previously been an employee in employment and who shall have ceased to participate hereunder due to receipt of a distribution of accumulated contributions shall only be eligible to participate hereunder as a new employee in accord with Section 280.10, and shall not receive any credit for such prior aggregate service unless such person shall repay to the plan the amount of such distribution with interest computed at the same rate and in the same manner as described in Section 280.01(b) from the date of distribution to the date of repayment.
280.14 CHANGE IN STATUS
A participant who shall remain in the service of the employer but ceases to be eligible to participate hereunder shall not accrue any additional benefits until such participant again becomes eligible to participate in the plan. Such a participant shall immediately commence the accrual of additional benefits hereunder upon again becoming eligible to participate unless such person received a distribution of accumulated contributions, in which case the person shall be treated as a new employee in accord with Section 280.10 and shall not receive any credit for prior aggregate service unless such person shall repay to the plan the amount of such distribution with interest computed at the same rate and in the same manner as described in Section 280.01(b) from the date of distribution to the date of repayment.
280.15 RECORD KEEPING
The employer shall furnish the Plan Administrator with such information as will aid the Plan Administrator in the administration of the plan. Such information shall include all pertinent data on employees for purposes of determining their eligibility to participate in this plan.