Credited service (as defined in the Glossary) is used to determine whether you are eligible for a vested pension.

“Company service,” which is used to determine the amount of your pension benefit, is defined in the Glossary.

Credited service begins with your first hour of service and ends when you sever from service.  Severance from service occurs:

• the day you quit, retire, are discharged, or die
• one year after your first day of absence due to layoff, or, if earlier, the first day after recall if you fail to return to work
• one year after your first day of absence with leave, or, if earlier, the first day after the final day of leave if you fail to return to work
• two years after your first day of absence for a parental leave due to pregnancy, birth, or adoption, and for child care immediately following the birth or adoption, or, if earlier, the first day after the final day of leave if you fail to return to work.

If you are reemployed within one year of your date of severance, you will receive Credited Service for your period of severance, and your prior Credited Service will be restored.

If you are reemployed more than one year after your date of severance and you were vested as of that date, your prior Credited Service will be restored automatically upon reemployment, regardless of your period of severance.

If you were not vested as of your date of severance, your prior Credited Service will be restored if you are reemployed more than one year after the period of severance and the length of your severance is less than five years.

In any event, you will not earn Credited Service during a period of severance lasting one year or more.

Reemployment After Retirement
If you had been receiving pension payments and return to work at the Company, your benefit will be suspended during your period of reemployment until you actually retire, or until your work schedule is such that you are not subject to a benefit suspension.  Your benefits will be suspended for any month in which you receive payment from the Company for hours of service performed on each of eight or more days (or separate work shifts).  When payments begin again, they will be adjusted to reflect your additional service and earnings after returning to work.