Credited Service definition

Credited Service means the member's total period of service
Credited Service means the sum of the prior service and membership service credited to a member's service account.
Credited Service means the period of service used to

Examples of Credited Service in a sentence

  • Credited service on this basis will be years of service with the employer prior to their retirement and before and after enrolment of the member in OMERS, but not to exceed thirty-five (35) years.

  • Credited service shall mean the total of an employee's years of service credited for salary purposes at the time of initial employment and their years of actual Tonawanda service.


More Definitions of Credited Service

Credited Service means a calendar year in which the Participant is paid for at least 1,000 hours of service (as defined in the frozen Hasbro Pension Plan) as an employee of the Company or of a Subsidiary of the Company. A Participant does not need to be, or have been, a participant in the Hasbro Pension Plan.
Credited Service means the period of service used to determine the eligibility for and the amount of benefits payable to a member. Credited service shall consist of the period during which the member participated in the System or the predecessor municipal systems as an active employee in an eligible membership classification, plus any service prior to the establishment of the predecessor municipal systems which was credited under the predecessor municipal systems; provided however, "credited service" for members from a fire protection district shall not begin accruing before July 1, 1982;
Credited Service means the sum of participating service,
Credited Service means credited service transferred to the
Credited Service means the Grantee’s period of employment with the Company and all affiliates since the most recent date of hire (including any predecessor company or business acquired by the Company or any affiliate, provided the Grantee was immediately employed by the Company or any affiliate). Age and credited service shall be determined in fully completed years and months, with each month being measured as a continuous period of thirty (30) days.
Credited Service means the sum of a member’s years of service, active military duty, disability service and accrued annual and sick leave service.
Credited Service means, subject to section 38-739, the number of