Total Credited Service definition

Total Credited Service means (a) the combination of a City-to-County Transfer Employee's City Transfer Service and Credited Service earned while a Participant in this Plan (and in Plan A and/or Plan B, if such Participant was a participant in either or both such plans who ultimately transferred to this Plan) and (b) the combination of an County-to-City Transfer Employee's County Transfer Service and years of service earned while a Participant in the City Plan.
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Total Credited Service means (a) the combination of a City-to-County Transfer Employee's City Transfer Service and Credited Service earned while a Participant in this Plan and(b) the combination of a County-to-City Transfer Employee's County Transfer Service and years of service earned while a Participant in the City Plan.
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Total Credited Service means the sum of the Participant’s Past Service Credits and Future Service Credits which have not been forfeited.
Sample 1

Examples of Total Credited Service in a sentence

  • The Participant must have years (insert number) of Total Credited Service.

  • To qualify for a disability benefit, a Participant must have the following minimum number of years of Total Credited Service (check one): Not applicable (the Adopting Employer does not offer disability retirement benefits under the Plan).

  • For purposes of computing the actuarial reserve death benefit, the Participant's Total Credited Service shall include (check one): Total Credited Service accrued prior to the date of the Participant's death.

  • The number of years of Total Credited Service which may be used to calculate a benefit is not limited.

  • Total Credited Service accrued prior to the date of the Participant's death, plus (check one): one-half (½) (insert other fraction) of the Service between such date of death and what would otherwise have been the Participant's Normal Retirement Date.

  • Any action required or permitted to be taken under the Plan by an Employer that is a corporation shall be by resolution of its Board of Directors, or by a duly authorized officer of the Employer, or by such other person or entity as may be designated by the Board of Directors of the Employer.

  • Benefits shall be 100% vested after the Participant has a minimum of 5 years (insert number not to exceed 10) of Total Credited Service.

  • A Participant is eligible for an alternative normal retirement benefit if he has at least years (insert number) of Total Credited Service, regardless of the Participant's age.

  • The Participant must have at least years (insert number) of Total Credited Service (not including leave otherwise creditable under this Section).

  • The Participant's combined Total Credited Service and age must equal or exceed this number.


More Definitions of Total Credited Service

Total Credited Service means the sum of (a), (b), and (c) below, where (a) is the Executive's actual years and months of service with Yellow and SCST, from June 1, 1994 through the date of termination; (b) is 16 years; and (c) is 1/3 of [the sum of (a) and (b), minus 1/2 of the sum of the Executive's projected credited service to age 65 and (b)].
Sample 1
Total Credited Service means (a) the combination of a City-to-County Transfer Employee's City Transfer Service and Credited Service earned while a Participant in Plan A (and in Plan B, if such Participant transferred to Plan A from Plan B with a Prior Service Certificate, and in Plan C, if such Participant re-transferred from Plan C to Plan A without incurring an Interruption of Service) and (b) the combination of a County-to-City Transfer Employee's County Transfer Service and years of service earned while a Participant in the City Plan.17
Sample 1
Total Credited Service means (a) the combination of an Involuntary Transfer City-to-County Employee's CityTransfer Service and Credited Service earned while a Participant in Plan A (and Plan B, if such Participant was a Member of Plan B who transferred to Plan A) and (b) the combination of an Involuntary Transfer County-to-City Employee's County Transfer Service and years of service earned while a Participant in the City Plan.
Sample 1

Related to Total Credited Service

  • Credited Service means the member's total period of service

  • Year of Service means the computation period of twelve (12) consecutive months, herein set forth, during which an Employee has at least 1000 Hours of Service.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.