Credited Future Service definition

Credited Future Service means the aggregate of a Former Nabisco Salaried Member’s credited service accrued under the Kraft Nabisco Salaried Plan on and after January 1, 2003 and prior to September 29, 2012, Continuous Service accrued under the Nabisco Salaried Plan on and after September 29, 2012 and prior to December 31, 2013 and Credited Service under the Plan on and after December 31, 2013.

Credited Future Service means the portion of a Member’s Credited Service accrued on and after January 1, 2003.

Credited Future Service means the Credited Service of a Member on or after the Purchase Date and prior to 1991.

Examples of Credited Future Service in a sentence

• Notwithstanding the above, an employee who retires or dies on or after January 1, 2002 will be eligible for the accrued benefit of $43.00 per month for each year of Credited Future Service between January 1, 1991 and the date of retirement and death.

• Employees who are eligible participants for less than a full calendar year shall earn a fraction of a year of Credited Future Service equal to the ratio (not to exceed one) of the number of compensated hours while an eligible participant of the Plan during the year to 1,710.

• One full year of Credited Future Service shall be earned for each calendar year of Company service as a member of the bargaining unit after January 1, 1991 and after one year of service during which an eligible employee has 1,710 compensated hours of service.

• F1.02 Credited Service means the sum of Credited Past Service and Credited Future Service as described in Section II of this Appendix F.

• The Accrued Benefit for each employee in the service of the Company on or after January 1, 1991 will be equal to $20.00 per month for each year of Credited Past Service and $25.00 per month for each year of Credited Future Service.

More Definitions of Credited Future Service

Credited Future Service means the number of years (including months as fractions thereof) of Continuous Service subsequent to the Effective Date during which the Member makes Required Contributions under the Plan.

Credited Future Service means the years of service credited to any Employee after January 1, 1960. From January 1, 1960 through December 31, 1964, an Employee will be credited with one-half of a year of

Credited Future Service means one (1) year for each 1680 Hours Worked in a Plan Year, proportionately adjusted for more or less than 1680 Hours Worked in a Plan Year, and shall include such deemed Hours Worked as prescribed under the provisions of the Workplace Safety and Insurance Act, such deemed Hours Worked to be in respect of deemed compensation as prescribed under Section 8507 of the Regulations to the Income Tax Act.

Credited Future Service or "Future Service" shall mean

Credited Future Service means the sum of (i) the period of Continuous Service earned on or after January 1, 1983 through December 31, 1983, plus (ii) the period of Continuous Service earned on or after January 1, 1984. For this purpose, a Participant shall receive a full month’s Credited Future Service for any month he made the Required Employee Contributions.

Credited Future Service means the period of Continuous Service earned on or after January 1, 1980 during which a Participant made the Required Employee Contributions to the Plan. For this purpose, a Participant shall receive a full month’s Credited Future Service for any month he made the Required Employee Contributions.

Credited Future Service means the number of years (including months as fractions thereof) of: