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.
| Identifier | MLC-T-ECS-000034 |
|---|---|
| Field | Economic statistics |
| References | BLS 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.