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Beneath the original rule, an employee was expected to realize at least 500 hours of service in every of 3 consecutive 12-month periods. In basic, the LTPTE rules provide that a strategy will have to credit an LTPTE with a single year of vesting service for every 12-month period through which the employee is credited with at least 500 hours of service. The proposed regulations clarify that any 12-month period not otherwise prohibited below pre-Secure 1. vesting guidelines may perhaps be applied for this purpose. The proposed regulations give that the LTPTE rules do not apply to plans that use the elapsed time service-counting rules (i.e., plans that count service on the basis of an employee’s period of service rather than hours work