Centerspace will recognize prior years of service for rehired team members in the following situation: If a former team member with more than one year of continuous service leaves employment and is rehired within 90 days of their termination date, their original hire date will be honored for seniority and benefits plan participation purposes.
When a team member joins Centerspace as the result of an acquisition, Centerspace will recognize the team member’s original hire date with the acquired community when calculating tenure for purposes PTO accrual and years of service recognition. Benefits eligibility will be based on plan requirements, using team member’s original hire date with the acquired community.
Benefit Eligibility
When prior service is recognized, the team member will retain tenure and eligibility for service awards. Team members rehired within a year of termination will retain eligibility for 401(k), if initial plan eligibility was met during previous employment and in accordance with plan details. Centerspace does not credit PTO that would have been accrued or allocated during the break in service unless required by state or local law. In cases where PTO has been paid out upon termination or the team member forfeited PTO upon termination due to the 80-hour maximum payout, PTO will not be reinstated upon rehire.
Also found in the Centerspace Team Member Handbook.