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Apr 00 Q6 (i)

S

Snowy

Member
Why is backdated service credit given?

Who are the "future employees" in this case - those who join the company or those who join the scheme?

Benefit improvements are to be awarded for the first time in 10 years according to the first point in this solution, then
second point says 10-year service credit is given when employees join the scheme.

What happens to those who join the scheme next year ,say?
 
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