Pension service definition

Pension service means the time, in
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Pension service means the time, in years, and prorated for fractional years, that a member has contributed to the fund under the terms of the combined pension plan or any plan within the pension system, reduced to reflect refunds that have been received and not fully repaid.
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Pension service means the service used to calculate the Participant’s monthly retirement benefit under Plan I.
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Examples of Pension service in a sentence

  • Customer interaction and digitizability a structural approach to mass customization.

  • However, effective June 1, 1996, an employee on layoff will continue to accrue service credit for pension purposes and will not get less than: 5 to 10 years of seniority = 6 months 10 to 15 years of seniority = 12 months 15 + years of seniority = 18 months Broken Service: Pension service will not be lost if a worker is rehired within 36 months of termination, or in the case of layoffs, is rehired within 36 months or half of accumulated seniority, whichever is the greater.

  • For purposes of calculating said Minimum Monthly Pension, service after December 31, 1997 will be disregarded.

  • Elected members will be aware that Harrow Pension service has already developed and applied such timescales in relation to Admission Agreements.

  • Pension service providers must be approved by the relevant regulatory body that oversees their respective financial sector and the MOLSS19.

  • Pension service credit time towards eligibility will accrue on a calendar basis, provided the part-time employee has worked a minimum of one thousand hours per year.

  • Do notsend it to HSC Pension service unless there is a note in the space below telling you to do so.

  • HSC Pension service are unable to pay benefits without confirmation that you have verified all relevant dates as set out below.

  • Please send it back to the HSC employer (or to HSC Pension service if told to do so) with any children’s birth and medical certificates asked for.

  • For purposes of calculating said Accrued Monthly Pension, service after December 31, 1997 will be disregarded.


More Definitions of Pension service

Pension service means the service used to calculate the Participant’s monthly retirement benefit under the Other Plan or Plans.
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Pension service means the service used to calculate the Participant’s monthly retirement benefit under Excess Plan B, or if such Plan is inapplicable, the service used to calculate such benefit under the IC Rules.
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Pension service means the service used to calculate
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Pension service means the time, in years, and prorated for fractional years, for which a Member has made all required contributions under the terms of the Combined Pension Plan or any other plan within the Pension System, reduced to reflect any refunds that have been received under the terms of either the Combined Pension Plan or this Plan and not fully repaid under the terms of the applicable plan.
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Pension service means the service used to calculate the Participant’s monthly retirement benefit under Plan A. No Pension Service was earned or accrued after March 31, 2018 under the Predecessor Plan except as provided in the limited circumstances described under Section 2.10 of the Predecessor Plan. No Pension Service shall be earned or accrued under the Excess Plan except as provided in the limited circumstances described under Section 2.10 herein.
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Related to Pension service

  • Basic generation service or "BGS" means electric generation

  • Service Credit means a credit calculated as described in Section 2 and Section 5(a) of this Service Level Agreement.

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

  • Education service provider means an education management organization, school

  • Basic Service means any service tier that includes the retransmission of local television broadcast Signals and any equipment or installation used in connection with Basic Service.

  • related service means any service or benefit provided or made available by an insurer or any associate of that insurer, together with or in connection with any policy or policy benefit, and includes a loyalty benefit and a no-claim bonus;

  • Active Service means a Covered Person is either 1) actively at work performing all regular duties at his or her employer’s place of business or someplace the employer requires him or her to be; 2) employed, but on a scheduled holiday, vacation day, or period of approved paid leave of absence; or 3) if not employed, able to engage in substantially all of the usual activities of a person in good health of like age and sex and not confined in a Hospital or rehabilitation or rest facility.