An Active Service Unit (ASU) is a factor used to calculate the monthly benefit level for an Eligible Retiree. The Trust will credit a participant with one ASU for each monthly$50 contribution that the Trust has received on the participant’s behalf over the duration of his/her career. For example, if the participant’s Association has negotiated a monthly contribution of $100, he/she will receive 2 ASUs for each monthly contribution; or if the negotiated monthly contribution is $200, the participant will receive 4 ASUs for each monthly contribution. In this way, the Association has flexibility to modify the amount of the monthly contribution in a subsequent MOU, and that modification will be reflected, eventually, in a higher (or lower) benefit level after retirement.
Note the difference between “Active Service” and “Active Service Units” (or ASUs):
- Active Service reflects periods of employment when your employer transfers contributions to the Trust on your behalf. Your length of Active Service is one of the factors that determines your eligibility for monthly benefits as an Eligible Retiree.
- “Active Service Units” reflect the number of $50 contributions made on your behalf to the Trust. The number of Active Service Units is a factor used to determine your benefit level.