Vesting
Being vested means you’re entitled to the full value of your PROFIT Plan account, regardless of when you separate from employment with Publix.
You're fully vested when you
- complete 3 years of credited service
- reach age 60
- become disabled or
- pass away.
A year of credited service is earned when you reach 1,000 work credit hours in your anniversary year. Your anniversary year is based on your hire date.
The following are work credit hours that accumulate toward your completion of a year of credited service.
- Hours paid to you for regular, overtime, holiday, vacation, sick, jury duty and bereavement pay
- Hours allotted to you for company-approved leaves of absence for the Family and Medical Leave Act (FMLA), workers' compensation, domestic/sexual violence leave and military leave.
If you're on disability leave, you do not receive work credit hours unless you're receiving sick pay during the leave.
Se obtiene un año de servicio acreditado cuando alcanza 1,000 de crédito laboral en su aniversario. Su aniversario se basa en su fecha de contratación.
Las siguientes son horas de crédito laboral que se acumulan para completar un año de servicio acreditado.
- Horas pagadas a usted por tiempo regular, tiempo extra, día feriado, vacaciones, enfermedad, servicio de jurado y pago por duelo.
- Horas asignadas a usted para los permisos de ausencia aprobados por la compañía para la Ley de Ausencia Familiar y Médica (FMLA), compensación para trabajadores, licencia por violencia doméstica / sexual y licencia militar.
Si tiene permiso de ausencia por discapacidad, no recibirá horas de crédito laboral a menos que reciba un pago por enfermedad durante el permiso.
The information provided on this website is intended to assist associates in understanding Publix's benefits. The information is in summary form and does not cover all details of the benefits. For specific benefit details, please see Your Associate Handbook or the Benefits Plan Documents. If there is a conflict between the information on this website and the contents of the handbook or plan documents, the terms of the handbook or plan documents control.
