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Use Of Unit Seniority
Effective August 1,
1987, if applying the length of unit seniority would result in a
greater amount of Past and/or Future Service than otherwise determined, then
this unit seniority will be used to determine your Past and/or Future Service
as follows:
- the unit seniority is determined in accordance with the
collective bargaining agreement.
- for purposes of determining the amount of your pension
benefit, if any, in accordance with the formula as described here,
your total unit seniority will be subtracted from your retirement date to
determine an "adjusted unit seniority starting date," from which Past and/or
Future Service will be credited. If applicable, Base Pay received from the
adjusted unit seniority starting date to the date of your retirement will
be used to determine the amount of your pension benefit, if any, in accordance
with the formula described here.
- effective January
1, 1992, the maximum amount of service otherwise determined in
this alternative cannot be more than 40 years.
- unit seniority is used only if it results in an amount
of service credit which is more than the amount of service credit otherwise
determined under the Plan.
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