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<blockquote data-quote="Ms.PacMan" data-source="post: 1420414" data-attributes="member: 4656"><p>I have always viewed the difference between Service Credit and Service Credit Pension like this - the Service Credit is how many years you have credit for (the 1 hour for 40 weeks = 1 year of service) and determines if you are eligible to retire. The Service Pension Credit is the number of hours you worked and is how they figure out what your pension is worth.</p><p></p><p>You may get a year credit for minimal time worked but you won't get the money for a whole year unless you meet the 1801 hr minimum. So even if someone is eligible to retire at 30 yrs they may not get the full amount.</p><p></p><p>Anyone else think differently about this?</p></blockquote><p></p>
[QUOTE="Ms.PacMan, post: 1420414, member: 4656"] I have always viewed the difference between Service Credit and Service Credit Pension like this - the Service Credit is how many years you have credit for (the 1 hour for 40 weeks = 1 year of service) and determines if you are eligible to retire. The Service Pension Credit is the number of hours you worked and is how they figure out what your pension is worth. You may get a year credit for minimal time worked but you won't get the money for a whole year unless you meet the 1801 hr minimum. So even if someone is eligible to retire at 30 yrs they may not get the full amount. Anyone else think differently about this? [/QUOTE]
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