term service participation what is
Meaning of participation service. What is it: retirement plan, usually taking interruptions in.

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Definition participation service

PARTICIPATION SERVICE title: participation service (PA-BN) (SAP Library - Glossary)
PARTICIPATION SERVICE category: Benefits (PA-BN)
PARTICIPATION SERVICE explained:

The length of time an employee has participated in a retirement plan, usually taking interruptions in employment into account.

Participation service is the basis for determining benefit accrual service for "defined benefit" retirement plans. A record of participation must be kept for validation.

More terms such as participation service in Dictionary P.

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