Credited Future Service definition

Credited Future Service means the portion of Credited Service on and after the Effective Date, as defined in Section 4.02.

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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 number of years (including completed months as fractions thereof) of Continuous Service with the Company while a Member of the Plan.

Examples of Credited Future Service in a sentence

The accrued benefit will be $43.00 per month for each year of Credited Future Service earned on or after January 1, 1991.
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.
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.
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.
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 $26.00 per month for each year of Credited Future Service.

More Definitions of Credited Future Service

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

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

Credited Future Service means the Credited Service of a Member after May 1, 1995 while a unionized Employee, subject to a maximum of 35 years, less any period of service for which the Member has accrued and remains contingently or absolutely entitled to pension benefits under the terms of another pension plan of the Company.

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 the aggregate of a Member’s Credited Service accrued under the Kraft Plan on and after January 1, 2003 and prior to September 29, 2012 and Continuous Service accrued under the Plan on and after September 29, 2012.

Credited Future Service or "Future Service" shall mean

Credited Future Service means the years of service credited to any Employee after January 1, 1960.