Credit Service Clause Samples

Credit Service. Amend Article of Pension Plan credited service to provide that credited service shall include all time spent in receipt of sickness and accident benefits up to forty (40) hours per week and up to one thousand and seven hundred (1,700) hours in a year, provided the employee has compensated hours in that year of at least one hundred and seventy 70) hours. Credited service shall include all time spent in re- ceipt of benefits a compensable injury (not ex- ceeding forty (40) hours per week and up to one thousand and seven hundred (1 700) hours in a year, until the employee receives an (non economic loss) benefit. However, the maximum amount of such credited service will not exceed two (2) years. TRANSITIONAL SURVIVOR BENEFITS in the event of the death of an employee who is on the seniority list and who is vested, his surviving spouse shall receive sixty-five percent (65%) of the employee’s accrued pension benefit at the time of death, assuming his retirement at age fifty-five payable when said employee would have reached the age of fifty-five (55). In the event of the death of an active employee with ten (IO) or more years of seniority, the spouse and eligible dependents will be covered by all benefits as set out in Article of the Collective Agree- ment until the spouse remarries or no longer re- quires the coverage, whichever is earlier. Said spouse and dependents will be required to verify their entitlement to receive these benefits at least once per year.

Credit Service. Where the term "past credited service" is used in this document, it shall mean the total elapsed time for which an employee was covered under the Pension Plan for which contributions have been make and were not refunded up to and including December 31, 1974. Except to calculate years of credited service for the purposes of paragraph 8 and 9 of this Pension Plan, when the term "future credited service" is used in this document, it shall mean service during the period from on and after January 1, 1975 up to and including June 30, 1987, by an employee who has become eligible as defined in Section 3 above. In calculating years of credited service for the purposes of paragraph 8 and 9 of this plan, future credited service will be recognized on and after July 1, 1987, provided the cost of the additional benefits related to recognition of future credited service on and after July, 1987 is not prohibitively expensive. If the cost is prohibitively expensive, the Employer will meet with the Union to discuss this aspect of paragraphs 8 and 9 of the plan. Future credited service shall be computed for each calendar year on the basis of on-tenth (1/10) of a year's credited service for each one hundred and eighty (180) hours actually worked on for which wages have been paid. It is understood that wages shall mean actual earnings for work performed and vacation pay, payment for any leave of absence such as, for example, jury duty, bereavement pay, payment for statutory holidays, call-in pay and any period for which an employee is absent from work and in receipt of Workers' Compensation or Weekly Indemnity payments, Earned credits in any calendar year shall in no case exceed on (1) year of credited service and shall be calculated to the nearest one-tenth (1/10) year of credited service. Employees who are or become totally or permanently disabled and qualify for benefits under the insured Long Term Disability Plan shall continue to accrue future credited service and pension credits at the rate of pension accrual in effect at the commencement of Long Term Disability payments with service computed as outlined in the previous paragraph. Such credits shall continue and Long Term Disability payments will only be made until he recovers, dies, or attains his normal retirement date and retires under the Plan. (a) The parties have also agreed that should the Pension Plan be found to have a surplus which is available such surplus fund will be applied first to provide for the credits ...

Credit Service. The Bank shall transfer the funds to the designated Account immediately after the incoming payments are credited to the Payer ID numbers or asynchronously after the incoming payments are credited to the Virtual Accounts. 입금서비스: 은행이 이용자의 Payer ID 번호로 입금된 자금 또는 이용자에게 부여된 협력은행의 가상계좌로 입금된 자금을 이용자가 지정한 모계좌에 당일 중에 이체하는 거래 제 3 조 (서비스 이용절차 및 방법) 1. The Service shall be available to the User after the issuance of the Payer ID Numbers by the Bank and/or the disbursement of the Virtual Accounts by the Bank, following the Set Up of Payers in accordance with the terms of this Agreement. 이용자는 은행의 전자금융채널을 통해 지정된 양식에 따라 서비스의 이용을 설정한 후, Payer ID 번호 혹은 가상계좌를 발급받아 이용한다. 2. The Bank shall notify the result of Payer ID / Virtual Account setup to the Customer via the Bank’s electronic banking channels 은행은 발급된 Payer ID 번호 및 가상계좌와 관련된 설정결과값을 은행의 전자금융채널을 통하여 이용자에게 통지한다. 제 4 조 (Processing of Incoming Payments 입금업무 처리) 1. Each incoming payment received by the Bank that is successfully transferred by electronic means by a Payer using its corresponding Payer ID Number in lieu of the Customer’s Account number shall be recorded by the Bank as a payment by such Payer to the Account. 은행은 전자적인 방식으로 지급인이 모계좌의 계좌번호 대신 Payer ID 번호로 성공적으로 입금한 자금은 통상의 지급인이 이용자의 모계좌로 이체한 것과 동일하게 처리한다. 2. Each incoming payment received by the Bank that is successfully transferred by a Payer using its corresponding Virtual Account in lieu of the Customer’s Account number shall be credit to the Customer’s Account on the same day immediately after the funds become available to the Bank at the partner bank. 은행은 지급인이 모계좌의 번호 대신 가상계좌로 성공적으로 입금한 자금에 대하여 협력은행으로부터 동 자금의 입금확인 후 이용자의 모계좌로 즉시 이체한다. 3. The [statements] of each Account provided by the Bank to the Customer will reflect the Payer for each incoming payment which was accompanied by a corresponding Payer ID Number or Virtual Account. 은행은 거래내역명세서에 각 지급인으로부터 Payer ID 번호 혹은 가상계좌로 입금된 내역을 이용자에게 제공토록 한다. 제 5 조 (Suspension of the Service 입금처리의 예외) Upon the occurrence of any of the following events, the Bank may suspend the Service: 은행이 입금서비스 업무를 처리함에 있어 Payer ID 번호, 가상계좌 또는 모 계좌가 다음 각 호의 1 에 해당할 경우에는 그 처리를 하지 않을 수 있다. 1. Where the Payer ID Numbers and/or Virtual Accounts and/or the Account are cancelled by the Customer by instructions in writing or submitted via Electronic Means, or, are closed or classified as a suspended trading account. Payer ID 번호, 가상계좌, 또는 모계좌가 거래중지 계좌에 편입되거나 서면 혹은 전자적 방식으로 요청된 이용자의 지시에 의해 해지된 경우 2. In the case where legal or other restrictions to t...

Credit Service. The Bank shall transfer the funds to the designated Account immediately after the incoming payments are credited to the Payer ID numbers. 입금서비스: 은행이 이용자의 Payer ID 번호로 입금된 자금을 이용자가 지정한 계좌에 당일 중에 이체하는 거래.

Credit Service. Amend Article of Pension Plan credited service to provide that credited service shall include all time spent in receipt of sickness and accident benefits up to forty (40) hours per week, and up to one thousand and seven hundred (1,700) hours in a year provided the employee has compensated hours in that year of at least one hundred and seventy (170) hours. TRANSITIONAL SURVIVOR BENEFITS In the event of the death of an employee, who is on the seniority list and who is vested, his surviving spouse shall receive percent (65%) of the employees accrued pension benefit at the time of death, assum- ing his retirement at age payable when said employee would have reached the age of (55). In the event of the death of an active employ- ee with ten (10) or more years of seniority, the spouse and eligible dependents will be covered by all benefits as set out in Article of the Collective Agreement until the spouse remarries or no longer requires the coverage, whichever is earlier. Said spouse and dependents will be required to verify their entitlement to receive these benefits at least once per year.

Credit Service. For employees transferring from part‐time to full‐time status, the new employee waiting period should apply: □ Retroactive to the original date of hire or □ Beginning on the date transferred to full‐time status Do you wish to include non‐state registered domestic partners for coverage? □ Yes □ No Detailed monthly billing statements for the next month’s premium are sent out to all companies before the end of each month. The Trust’s “Contractual” PAYMENT DUE DATE is the first day of the billed month. In order to maintain CURRENT ELIGIBILITY for employees, full payment must be received by the Trust on or before the 1st day of the billed month. A company’s eligibility for the month will be DELINQUENT if full payment is not received by the 1st. DELINQUENT ELIGIBILITY STATUS results in claim payment delays, and other difficulties involving employees, their providers and carriers. If full payment for the month is not received within 30 days of the PAYMENT DUE DATE, company will be RETROACTIVELY CANCELLED back to the last day of the month in which full monthly payment was received. Partial payments will be refunded. Payments returned to EPK & Associates (non‐sufficient funds, stop payments etc) must be replaced with guaranteed funds, ie cash, money order or cashier’s check, before the expiration of the 30 day grace period. A $20 fee will be assessed on all returned drafts.

Credit Service. Amend Article of Pension Plan credited service to provide that credited service shall include all time spent in receipt of sickness and accident benefits up to forty (40) per week and up to one thousand and seven hundred (1,700) hours in a year, provided the employee has compensated hours in that year of at least one hundred and seventy (170) hours. Credited service shall include all time spent in receipt of benefits from a compensable injury (not exceeding forty hours per week and up to one thousand and seven hundred (1700) hours in a year, until the employee receives an (non economic loss) benefit. However, the maxi- mum amount of such credited service will not exceed two (2) years. TRANSITIONAL SURVIVOR BENEFITS In the event of the death of an employee who is on the seniority list and who is vested, his surviv- ing spouse shall receive percent of the employee’s accrued pension benefit at the time of death, assuming his retirement at age fifty-five payable when said employee would have reached the age of fifty-five (55). In the event of the death an active employee with ten or more years of seniority, the spouse and eligible dependents will he covered by all benefits as set out in Article of the Collective Agreement until the spouse or no longer requires the coverage, whichever is earlier. Said spouse and dependents will be required to verify their entitlement to receive these benefits at least once per year.

Credit Service. Amend Article of service to provide that include all time spent and accident week and up to one (1,700) hours in a year, provided the has compensated that hundred and seventy Credited service in receipt of benefits from a compensable injury (not economic loss) benefit However. the maximum Io the event of of an who is on the seniority list and who is his surviving spouse shall receive sixty-five percent (65%) of the employe's accrued pension benefit at the time of death, his retirement at age fifty-five payable when said employee would have reached the age of fifty-five In the of the death of an active with (10) or of seniority. the spouse and eligible dependents be by drug benefits as set Out in of the or no longer the whichever is earlier. Spouse and eligible dependents will be covered by dental set out in until spouse or no longer requires to a of years from the date of death. Said spouse and dependents will be to verify their entitlement to receive these benefits at once per year.