Pension Plan
Pension Credits
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In this Section:
- Prior Pension Credit (for periods before June 1, 1960)
- Current Pension Credit (for periods after June 1, 1960)
Pension Credits are units that measure the amount of time a Participant has worked in employment covered by the Plan. Pension Credits are based on your hours of such employment. Pension Credits are used in determining your eligibility for and amount of benefits payable under the Plan.
There are two types of Pension Credits:
- Prior Pension Credit (for periods before June 1, 1960)
- Current Pension Credit (for periods after June 1, 1960)