Benefit service credit definition

Benefit service credit means employment service used to determine benefits payable under the fund.

Examples of Benefit service credit in a sentence

  • The history of contribution rates, Benefit service credit rates and pension increases under the Plan is outlined in an Addendum at the end of this Booklet.

  • If a participant terminates or retires in the middle of the school year, he/she may lose CalSTRS Defined Benefit service credit and final compensation benefits.

  • This option reinstates a portion of the reduction applied to the village tier under option 2.

Related to Benefit service credit

  • Credited Service means the member's total period of service

  • Eligibility Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his eligibility to participate in the Plan as may be required under Article III or Article VI.