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

  • Benefits: Greater of 1/60 times FAS times Credited Service or 1/3 times FAS.

  • Seniority, as used in this Agreement, is defined as Net Credited Service as determined by the Administrative Committee.

  • Credited Service in any calendar year shall not exceed one year and shall be calculated to the nearest one-tenth of a year.

  • Credited Service associated therewith can be reinstated after reemployment and pursuant to the rules of the plan.

  • Seniority, as used in and applied to the Articles and LOAs of this Agreement, is defined as Net Credited Service as determined by the Administrative Committee.


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 sum of participating service,
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 credited service transferred to the
Credited Service means the performance of Service on a substantially full time basis for a continuous twelve-month period. For this purpose, substantially full time basis shall mean that the employee or consultant provides regular and recurring services to the Company of at least 32 hours each week. The taking of approved paid time off or legally mandated leave, such as FMLA, does not interrupt this period of Credited Service. Notwithstanding the foregoing, the Committee may treat periods of less than full time employment, in whole or in part, as Credited Service in its sole discretion.
Credited Service means, subject to section 38-739, the number of
Credited Service means the sum of participating service, prior service and elected service;