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Age-and-service requirement

Term · Economic statistics · MLC-T-ECS-000034

Required years of age and service as specified in a plan without incurring a reduction in benefits.

Note: For example, an employee may receive full benefits as specified in his or her plan after 30 years of service and after reaching at least 55 years of age.

Table 1. Record
IdentifierMLC-T-ECS-000034
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON
{
  "id": "MLC-T-ECS-000034",
  "term": "Age-and-service requirement",
  "field": "Economic statistics",
  "definition": "Required years of age and service as specified in a plan without incurring a reduction in benefits.\n\nNote: For example, an employee may receive full benefits as specified in his or her plan after 30 years of service and after reaching at least 55 years of age.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/age-and-service-requirement/"
}

Record 34 of 2,141 in Economic statistics terminology (MLC-0116). Request the full dataset.