Why is 220 days service recorded in the scheme when I worked the entire year?
No worker is penalised by this and in fact some workers may have a slight benefit as a result of this. What is means is that once a worker has worked for 220 days they are recognised to have worked a full year. A normal working year has 240 working days less 8 public holidays. The approach advantages workers who have been laid off and spend time looking for their next job. Long service payments are calculated on the basis of the 8.66 weeks of pay after 2,200 day’s of recorded service in the scheme. This number of days is taken to be equivalent to 10 years. This benefit is equivalent to that which a worker would be entitled to under the Long Service Leave Act 1955 after the same period of full-time service with an employer.
Related Questions
- In calculating the final year of service, if percentage worked is over 75 percent, does the employee need to be employed on the anniversary date to count?
- If I know the days and hours a member worked, can I calculate service credit on the method which provides the highest credit?
- If a member works 120 days do they automatically receive a full year of service credit?