Current Service. Service after the effective date of this Plan to be calculated in years and tenths of years, as follows: • Any year in which an employee receives 1,700 credited hours or more shall constitute one year of credited service. • Where an employee has fewer than 1,700 credited hours to his credit during a year he shall be credited with 1/10 year of service for each 170 credited hours. Credited hours shall be meant to include: 1. Hours for which wages are received from the Company including vacation hours and statutory holidays. 2. Hours the employee would normally have received while receiving weekly indemnity benefits of the Workers’ Compensation Board, or the Company’s Insurance Welfare Program, while in the employ of the Company. 3. Hours the employee would normally have received while on temporary Union business (not Union Employment).
Appears in 3 contracts
Sources: Collective Agreement, Collective Agreement, Collective Agreement
Current Service. Service after the effective date of this Plan to be calculated in years and tenths of years, as follows: • - Any year in which an employee receives 1,700 credited hours or more shall constitute one year of credited service. • - Where an employee has fewer than 1,700 credited hours to his credit during a year he shall be credited with 1/10 year of service for each 170 credited hours. Credited hours shall be meant to include:
1. Hours for which wages are received from the Company including vacation hours and statutory holidays.
2. Hours the employee would normally have received while receiving weekly indemnity benefits of the Workers’ ' Compensation Board, or the Company’s 's Insurance Welfare Program, while in the employ of the Company.
3. Hours the employee would normally have received while on temporary Union business (not Union Employment).
Appears in 2 contracts
Sources: Collective Agreement, Collective Agreement (Maverick Tube Corporation)
Current Service. Service after the effective date of this Plan to be calculated in years and tenths of years, as follows: • – Any year in which an employee receives 1,700 credited hours or more shall constitute one year of credited service. • – Where an employee has fewer than 1,700 credited hours to his credit during a year he shall be credited with 1/10 year of service for each 170 credited hours. Credited hours shall be meant to include:
1. Hours for which wages are received from the Company including vacation hours and statutory holidays.
2. Hours the employee would normally have received while receiving weekly indemnity benefits of the Workers’ Compensation Board, or the Company’s Insurance Welfare Program, while in the employ of the Company.
3. Hours the employee would normally have received while on temporary Union business (not Union Employment).
Appears in 1 contract
Current Service. Service after the effective date of this Plan to be calculated in years and tenths of years, as follows: • - Any year in which an employee receives 1,700 1,900 credited hours or more shall constitute one year of credited service. • - Where an employee has fewer than 1,700 1,900 credited hours to his credit during a year he shall be credited with 1/10 year of service for each 170 190 credited hours. Credited hours shall be meant to include:
1. Hours for which wages are received from the Company including vacation hours and statutory holidays.
2. Hours the employee would normally have received while receiving weekly indemnity benefits of the Workers’ ' Compensation Board, or the Company’s 's Insurance Welfare Program, while in the employ of the Company.
3. Hours the employee would normally have received while on temporary Union business (not Union Employment).
Appears in 1 contract