| July 24th 2006 | ||||||||||||||||||
| Credited Service Compensated | ||||||||||||||||||
| (slight tweak from IUE-798's table) | ||||||||||||||||||
| Compensated Hours: | Month it might | Years of Credited Service - | ||||||||||||||||
| be obtained: | in Tenths: | |||||||||||||||||
| Based on a 40 hr week schedule | ||||||||||||||||||
| 0 but less than 85 hrs | .0 | |||||||||||||||||
| 85 but less than | 255 | (Jan 22 - 120 hrs) | .1 | |||||||||||||||
| 255 but less than | 425 | (Feb 19 - 280 hrs) | .2 | |||||||||||||||
| 425 but less than | 595 | (Mar 19 - 440 hrs) | .3 | |||||||||||||||
| 595 but less than | 765 | (April 16 - 600 hrs) | .4 | |||||||||||||||
| 765 but less than | 935 | (May 21 - 800 hrs) | .5 | |||||||||||||||
| 935 but less than | 1105 | (June 18 - 960 hrs) | .6 | |||||||||||||||
| 1105 but less than | 1275 | (July 16 - 1120 hrs) | .7 | |||||||||||||||
| 1275 but less than | 1445 | (Aug 13 - 1280 hrs) | .8 | |||||||||||||||
| 1445 but less than | 1615 | (Sept 17 - 1480 hrs) | .9 | |||||||||||||||
| 1615 and Over | (Oct 15th - 1640 hrs) | 1.0 | ||||||||||||||||
| Conversion Table: | ||||||||||||||||||
| Number of Months -- | 1 | 2 | 4 | 5 | 6 | 7 | 8 | 10 | 11 | 12 | ||||||||
| Equivalent Tenths -- | .1 | .2 | .3 | .4 | .5 | .6 | .7 | .8 | .9 | 1.0 | ||||||||
| Based on Compensated hours, 1700 hours equals a full year. | ||||||||||||||||||
| (slight problem as that 1700 hrs conflicts with only needing 1615 from above table, not sure how to resolve it) | ||||||||||||||||||
| You can only acquire 1 year of Credited Service per year! | ||||||||||||||||||
| Example -- At the end of 2005, I had 17.7 years of Credited Service. | ||||||||||||||||||
| After July 16th 2006, this gave me .7 so far for this year. | ||||||||||||||||||
| Adding the 17.7 + .7 gives me 18.4 years as of July 16th '06. | ||||||||||||||||||
| If I work until after Oct 15th 2006, this will give me 1.0 for the year.. | ||||||||||||||||||
| That's the most I can get, which would be 18.7 years Credited Service. | ||||||||||||||||||
| (or Oct 29th which would give me over 1720 hrs then) | ||||||||||||||||||