Net Credited Service. Term used to express the aggregate of the years, months and days of active employment with CenturyLink or any of its predecessors which will be recognized by the Company with respect to each employee. For employees of GTE Corporation who were active employees working in the exchanges purchased by CenturyTel on July 31, 2000, and became active employees of CenturyTel on that date, it also includes the Net Credited Service recognized by GTE as of July 31, 2000. Active employment will include only that time for which the employee actually receives pay or is on authorized Union or military leave of absence, and will not include time for which the employee receives Workers' Compensation as a result of being totally and permanently disabled in excess of one (1) year. Active employment will be computed in terms of whole workdays.
Net Credited Service. See TERM OF EMPLOYMENT.
Net Credited Service. (See 1.31) NISD. Next Issue Service Directory revenue (formerly ASR) Non-Scheduled Day.
Net Credited Service. Length of service as computed for pension and benefit purposes.
Net Credited Service. SENIORITY
Net Credited Service as defined in Exhibit C, shall apply for all other purposes. In the case of an employee whose service has been broken and the break is bridged, crediting the employee with previous service, the increased Net Credited Service shall be used for determining the employee's Net Credited Seniority.
Net Credited Service. No. of Period But Less Weeks Completed Than Pay - 2 years 2 2 years 3 years 4 3 years 4 years 6 4 years 5 years 8 5 years 6 years 10 6 years 7 years 12 7 years 8 years 14 8 years 9 years 16 9 years 10 years 18 10 years 11 years 21 11 years 12 years 24 12 years 13 years 27 13 years 14 years 30 14 years 15 years 33 15 years 16 years 36 For each subsequent 6 months period: 16 years through 25 years 2 From 25 years 2 1/2
Net Credited Service. Term used to express the aggregate of the years, months, and days of active employment with Valor or any of its predecessors which will be recognized by the Company with respect to each employee. For employees of GTE Corporation who were active employees working in the Oklahoma properties purchased by Valor on July 1, 2000, or the Texas/ New Mexico properties purchased on September 1, 2000, and who became active employees of Valor on those respective dates, the term “Net Credited Service” also includes the Net Credited Service recognized by GTE as of each respective purchase date. Active employment will include only that time for which the employee actually receives pay or is on authorized Union or military leave of absence, and will not include time for which the employee receives Workers’ Compensation as a result of being totally and permanently disabled in excess of one (1) year. Active employment will be computed in terms of whole workdays. Night Tour – A tour which falls wholly or partly within the period from 9:00 p.m. to 6:00 a.m. Premium Pay – Is the amount in addition to basic rates which an employee is paid for working less desirable hours (night or evening) or days (Sundays or holidays). Holiday Premium Pay – Shall be considered to be the pay an employee will receive for the holiday if they do not work, or the amount in excess of their regular rate if they Sensitivity: Internal do work on the holiday. Reclassification – Is a change in the position title of an employee. Regular Rate of Pay – The hourly compensation of the particular employee during the particular work week as determined by the sum of the employee’s basic rate time hours worked plus any night tour premiums plus any Christmas or New Year’s Eve premiums plus any differential pay divided by the total hours worked in the week. Released – Means termination of employment by Company action when the employee’s qualifications for telephone work are not satisfactory, and no disciplinary action is involved. Relocate – Is a change of an employee from one location to another on a voluntary or involuntary basis. Resigned – Means voluntary severance of employment by choice of the employee. Retired – Means termination of employment by attainment of adequate net credited service by employee choice. Scheduled Hours – Hours falling within an employee’s scheduled tour. Any of the hours which are officially posted on the work schedule for a particular employee to work. Seniority – Means the computed e...
Net Credited Service a. Where the term “Net Credited Service” is used under the Company’s Health, Welfare and Retirement (“Pension”) Plans or for the establishment of an employee’s “Seniority” under this collective bargaining agreement, Net Credited Service is the period of continuous service from the date on which an employee’s latest employment as a regular or temporary employee started.
Net Credited Service. Period But Less Completed No. of Weeks years years years years years years years years years years years years years years For each subsequent month period years years years years years years years years years years years years years years years years through years From years If an employee with six months or more net credited service is transferred or reassigned as a result of technological change to a position or occupation different from the one immediately prior to the transfer and the basic rate of pay for the new position or occupation is lower, the employee so transferred will receive a "Transfer Indemnity" paid as a lump sum calculated on the basis of the differential between the rates of pay for a period of twelve months. If an employee is transferred to another locality as the result of technological change and in accordance with the definition of a transfer contained in Article or paragraph subsection (a), the provisions of section shall apply.
