Net Credited Service Sample Clauses
The Net Credited Service clause defines how an employee's total length of service with an employer is calculated, typically for purposes such as determining eligibility for benefits, promotions, or retirement. This calculation may account for periods of leave, breaks in service, or transfers between departments, and often excludes certain types of absences or non-qualifying time. By clearly outlining what counts toward credited service, the clause ensures fairness and consistency in applying employment policies and benefits.
Net Credited Service an employee’s Net Credited Service date is established when the employee entered or re-entered the service of MTS, MTS Allstream Inc. as a Regular Full-time employee. The NCS date will be used for purposes of annual vacations and sick leave benefit accumulation.
Net Credited Service. Term used to express the aggregate of the years, months and days of active employment with CenturyLink or any of its predecessors which will be recognized by the Company with respect to each employee. For employees of GTE Corporation who were active employees working in the exchanges purchased by CenturyTel on July 31, 2000, and became active employees of CenturyTel on that date, it also includes the Net Credited Service recognized by GTE as of July 31, 2000. Active employment will include only that time for which the employee actually receives pay or is on authorized Union or military leave of absence, and will not include time for which the employee receives Workers' Compensation as a result of being totally and permanently disabled in excess of one (1) year. Active employment will be computed in terms of whole workdays.
Net Credited Service. See TERM OF EMPLOYMENT.
Net Credited Service. Length of service as computed for pension and benefit purposes.
Net Credited Service. Term used to express the aggregate of the years, months and days of active employment with this Company or any of its predecessors or an affiliate of Verizon Corporation which will be recognized by the Company with respect to each employee. Active employment will include only that time for which the employee actually receives pay or is on authorized union or military leave of absence, and will not include time for which the employee receives Workers' Compensation as a result of being totally and permanently disabled in excess of two (2) years. Active employment will be computed in terms of whole workdays.
Net Credited Service as defined in Exhibit C, shall apply for all other purposes. In the case of an employee whose service has been broken and the break is bridged, crediting the employee with previous service, the increased Net Credited Service shall be used for determining the employee's Net Credited Seniority.
Net Credited Service. SENIORITY
14.01 Net Credited Service shall mean "term of employment" as set forth in the pension plan applicable to employees covered by this Agreement.
14.02 Except as set forth in paragraphs 14.03 and 14.04 seniority shall be determined by the Net Credited Service of the employee affected. Where two (2) or more employees have the same Net Credited Service, the employee with the lowest last four (4) digits of social security number shall be considered the most senior. If two or more employees have the same last four social security number digits, the lowest middle two digits of the social security number will determine seniority. If numbers are identical to this point, the employees will be arranged alphabetically by last name.
14.03 An AT&T Midwest management employee who moves into the bargaining unit shall be granted seniority in the following manner.
(A) An employee previously covered by any Ameritech, SBC or AT&T Collective Bargaining Agreement shall immediately be granted the amount of seniority established as of the date the previous bargaining unit employment ended. After he or she accumulates an additional twenty-four (24) consecutive months of seniority within the bargaining unit, the employee shall be credited with seniority equal to his/her total Net Credited Service (plus any additional seniority credited under paragraph 14.02 above).
(B) An employee not previously covered by any Ameritech, SBC or AT&T Collective Bargaining Agreement shall be credited with seniority equal to his/her total Net Credited Service after he or she accumulates an additional twenty-four (24) consecutive months of seniority within the bargaining unit (plus any additional seniority credited under paragraph 14.02 above).
14.04 A person hired for employment shall be regarded as a probationary employee until they have established seniority with the Company. Such employee may acquire seniority by working six (6) consecutive months on work covered by this Agreement, at which time the employee will be automatically credited with six (6) months seniority.
Net Credited Service. (See 1.31) Next Issue Service Directory revenue (formerly ASR)
Net Credited Service. Net credited service shall mean continuous employment less deductions for leaves of absence and less periods of absent time on account of temporary layoffs, in excess of eighteen (18) months in any period of twenty-four
Net Credited Service. Where an employee resigns the employment of one of the Group of Companies to accept a new position within Manitoba Services Inc., Net Credited Service shall be recognized by Manitoba Services Inc. BANKING OF VACATION CREDITS This will serve to our agreement during negotiations regards to the Banking of Vacation Credits as follows: Effective the date of ratification, General Circular Section Banking of Vacation Credits, will be amended to reflect the following: Employees shall be allowed to bank up to five (5) days of vacation credits in a vacation year. Employees between the age of to inclusive, shall be allowed to bank up to ten (10) days vacation credits in a vacation year. In any event, the maximum combined total of vacation credits an employee can bank is fifty days. This confirm our understanding of the above subject Retroactivity of wages at new wage rates as set out in the Appendices of the Agreement will automatically be paid to employees who are on staff as of the signing date of the new Agreement. Where the Company determines that it Is necessary to permanently reduce the workforce within the TEAM bargaining unit, it shall, prior to invoking Article Layoffs of the Collective Agreement, offer a Voluntary Termination Incentive Program (Appendix 1) for the benefit of employees in targeted areas. The Voluntary Termination Incentive Program will include the following terms and conditions: Voluntary Termination Incentive amounts and categories shall be those as outlined in Appendix and will remain unchanged during the life of this Letter of Understanding. Employees in targeted areas will be provided with a thirty (30) calendar day window of opportunity to make application to the Voluntary Termination Incentive Program Approval of applications shall rest solely with the Company. Participating employees shall be required to complete the necessary registration forms, confidentiality and non competition agreements as provided by the Company. Employees may apply to this Program at any time. Approval of such applications shall rest solely with the Company. Those employees not at work, but who were eligible for the offering and subsequently return within three