grandfather

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grandfather

[′gran‚fath·ər]
(computer science)
A data set that is two generations earlier than the data set under consideration.
References in periodicals archive ?
The agencies--the Internal Revenue Service (IRS), the Employee Benefits Security Administration (EBSA) and the Office of Consumer Information and Insurance Oversight OCIIO)--released grandfathered status interim final regulations in June.
Under PPACA, a grandfathered plan generally is any group health plan or health insurance coverage in which an individual was enrolled on March 23, 2010.
Healthcare reform awards grandfathered status to plans that undergo little alteration, and that status limits the new requirements plans must comply with immediately.
Given that most carriers don't allow you to raise your copayments by $5 at a time or increase your deductible in $100 increments, it looks like grandfathered plans are pretty much stuck with what they've got.
Under the new rules, health plans and employers would lose their grandfathered status if they:
NSBA and other stakeholders have largely been interested in the degree of flexibility that the grandfathered health plan rules would permit for employers to make some changes to the plans in the years to come without losing their grandfathered health plan status.
Finally, the preamble states that the proposed regulations are meant to clarify that the transfer of property pursuant to the exercise, release or lapse of a GPA created in a grandfathered GSTT-exempt trust is not a "transfer under the trust" but a transfer by the person holding the power at the time the exercise, release or lapse becomes effective.
If debt incurred on or before October 13, 1987, is refinanced for less than the principal balance, the debt still is considered grandfathered and interest is deductible.
Also, cash balance accounts are grandfathered for all Nabisco participants by converting them into lump-sum credits for prior service under the Pension Equity Plan.
More than three-quarters of companies (77 percent) said that recently released guidance on preventive care did not impact their decision to maintain grandfathered status.
The Labor department seems to be sending one type of written PPACA audit notice to plans that claim "grandfathered" status, a second type to non-grandfathered plans, and a third type to both grandfathered and non-grandfathered plans.
Grandfathered into his FAA Van Nuys Airport control tower chair because he was hired before the mandatory retirement age of 56, Aune (pronounced awe-nee) is known as one of the few remaining controllers who can track more than a dozen aircraft at once - and take no notes.