Category 1 Employee Definition – Employees Hired Prior to January 1, 2017 Sample Clauses

Category 1 Employee Definition – Employees Hired Prior to January 1, 2017. An active employee is an employee who was hired before January 1, 2017, and is age fifty- five (55) or older with fifteen (15) or more years of service upon termination. A year of service is defined as one thousand (1,000) compensated hours, prorated as applicable, or, if more favorable, as otherwise defined under the rules existing prior to January 1, 2017. On or after January 1, 2017, a year of service is equal to two thousand (2,000) compensated hours, prorated as applicable.
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Related to Category 1 Employee Definition – Employees Hired Prior to January 1, 2017

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