Severance from service is important because it determines when your Credited Service ends for purposes of Savings Program vesting. 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 automatically be restored 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 your date of severance, provided you have one year of service 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.