Common use of Retirement Credit Clause in Contracts

Retirement Credit. Credit shall be in accordance with the current statutory requirements. Continuous service hours for annual leave, longevity pay, and retirement credit shall be broken and/or bridged when an employee leaves State classified employment in accordance with current practice and statutory requirements. Military service hours shall be counted up to five (5) years for Benefit Seniority.

Retirement Credit. 46 Credit shall be in accordance with the current statutory requirements. 1 Continuous service hours for annual leave, longevity pay, and retirement 2 credit shall be broken and/or bridged when an employee leaves State 3 classified employment in accordance with current practice and statutory 4 requirements. Military service hours shall be counted up to five (5) years 5 for Benefit Seniority.

Retirement Credit. 37 38 Credit shall be in accordance with the current statutory requirements. 40 Continuous service hours for annual leave, longevity pay, and retirement credit 41 shall be broken and/or bridged when an employee leaves State classified 42 employment in accordance with current practice and statutory requirements. 43 Military service hours shall be counted up to five (5) years for Benefit Seniority.

Retirement Credit. 3 Credit shall be in accordance with the current statutory 4 requirements. 6 Continuous service hours for annual leave, longevity pay, and 7 retirement credit shall be broken and/or bridged when an employee 8 leaves State classified employment in accordance with current 9 practice and statutory requirements. Military service hours shall be 10 counted up to five (5) years for Benefit Seniority.