upsers22.3
Well-Known Member
(4) Full-time employees will receive one (1) year of Credited Service for each 1801 paid hours in
Covered Employment in a calendar year beginning on or after January 1, 2008. Employees will
receive partial years of Credited Service in monthly increments (i.e., one month if employee
worked 150 or more hours in Covered Employment in that month). For purposes of earning
service credit for the service pensions only, full-time employees will receive one week of service
credit if he has one hour of service in Covered Employment. For service pensions only, if an
employee has 0-19 weeks of service credit, he shall not receive any service credit for that calendar
year. If he has 20-39 weeks of service credit, the amount of credit for that year will be equal to a
fraction the numerator of which is the number of weeks of credit and the denominator is 40. If theCovered Employment in a calendar year beginning on or after January 1, 2008. Employees will
receive partial years of Credited Service in monthly increments (i.e., one month if employee
worked 150 or more hours in Covered Employment in that month). For purposes of earning
service credit for the service pensions only, full-time employees will receive one week of service
credit if he has one hour of service in Covered Employment. For service pensions only, if an
employee has 0-19 weeks of service credit, he shall not receive any service credit for that calendar
year. If he has 20-39 weeks of service credit, the amount of credit for that year will be equal to a