service credit

Service credit refers to the recognition of time you’ve worked for an employer or in a particular job, which counts toward benefits like retirement or layoffs. Essentially, it’s a record of your length of service that helps determine your eligibility for certain benefits, pension calculations, or seniority status. For example, if you work for a company for five years, those years are "credited" to your service record, impacting benefits you might receive later. Service credit can sometimes be accrued through direct employment or transfer from other qualifying employment, depending on the specific benefits program.