A Service Definition combines participant eligibility, effective-dated accrual rules, definition-level limits, and optional planwide service designations.

• Definition inputs:
  • Description: Identifies the definition in formulas and selection lists.
  • Eligibility Formula: Limits the participants for whom the definition is evaluated. A blank formula allows all participants to be evaluated under the eligibility provisions. Open the Service Eligibility screen to configure the effective-dated age, service, points, and override requirements.
  • Earliest Eligibility / Acquisition Date: Formula that establishes the earliest possible service accrual date.
  • Latest Accrual / Freeze Date: Formula that establishes the latest possible service accrual date. Open the Plan Service Provision screen to configure the effective-dated elapsed-time and Reported Amount accrual rules within the definition.
  • Service Maximum / None: Caps the total service result. None removes the definition-level cap. The maximum affects exported service. To export uncapped service, leave None selected and apply a cap in a Formula Derived Item instead. A definition used by a Function of Service that gives preference to future service should not have this maximum: it would cause preference to revert to past service.
  • Bank Service Maximum / None: Caps service earned from an hours or amount bank. See Reported Amount Bank Rules for deposit and withdrawal settings.
  • Only accrue service while / Reported Amount / Value: Limits accrual to periods in which the selected Reported Amount equals the entered value. The selection lists Location Code amounts. Separate multiple allowed values with semicolons.
  • Treat earliest amount as occurring on hire date: Extends the earliest selected Reported Amount to the participant's hire date.
  • Override service accrual start date: Uses the selected Formula Derived Item as the service start date.
  • Allow service dates beyond freeze: Allows Average Earnings and account calculations to reference post-freeze service periods without increasing the frozen service result.
  • View item in QuickCalc: Makes the definition available in QuickCalc (Currently unavailable)
  • Eligibility Provisions (age/service): Use Add (+) and Delete (−) to maintain effective-dated requirements. Double-click a row to open Service Eligibility.

• Service indicators:
  • Participation Service: Supplies the plan's Date of Participation and participation service to formulas, valuation detail, and standard extracts.
  • Credited Service: Supplies the plan's Credited Service Date and credited service to formulas, valuation detail, and standard extracts.
  • Vesting Service: Supplies the plan's Vesting Service Date and vesting service to formulas, valuation detail, and standard extracts.
  • Val Extract: Selects an extract column and its header for an additional service item. Up to 20 calculated items can be assigned, including Formula Derived Items and Account Definitions. This button is unavailable when Participation Service, Credited Service, or Vesting Service is selected, because that service is already included in its standard extract column.

  Only one active Service Definition may hold each planwide indicator. Definitions used solely for UC, PUC, or EAN attribution may leave all three indicators clear.