| What is the difference
between benefit service and vesting service? |
Your benefit service
is used in the pension formula to determine the amount of your monthly
benefit. You receive one year of benefit service for each calendar year in which
you work 1800 hours. Benefit Service is prorated if you work less than 1800 hours.
Vesting service determines whether or not you are eligible for a pension
benefit. You receive one year of vesting service for each calendar year in which
you work 1,000 hours or more. |
Is military leave
counted towards benefit or vesting service?
|
Military leave counts toward
benefit and vesting service if you return to employment at Trinity Health within
the period of time prescribed by law. |
What are the Break in Service
rules?
|
Your benefit and vesting service as
of January 1, 2002, remains the same. Any benefit or vesting service forfeited
under the old break in service rules will not be reinstated. After January 1,
2002, benefit and vesting service will always be reinstated regardless of future
breaks in service. |
| What are the benefit service
requirements? |
Under the Trinity Health Retirement Program, one year
of service is granted for 1,800 or more hours and prorated for less than 1,800.
|
