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.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Recognition, Bargaining Procedure and Operating Contract