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Seniority date fast formula

Hello experts,

Im trying to create a Fast formula for Seniority Dates to solve a issue of rehires, the line of rehire should have Seniority date = Most recent Hire.

i tryied this;
/*
FORMULA NAME: FF_Seniority_Date_Hire_Date
FORMULA TYPE: Global Human Resources
DESCRIPTION: A Fast Formula to set Seniority Date equal to Hire Date
*/

DEFAULT FOR PER_ASG_HIRE_DATE IS '1900/01/01'

/* Check if Hire Date is provided */
IF (PER_ASG_HIRE_DATE != '1900/01/01') THEN
SENIORITY_DATE = PER_ASG_HIRE_DATE
ELSE
SENIORITY_DATE = '1900/01/01'
ENDIF

RETURN SENIORITY_DATE

But didnt work, return an error "Error Message Formula SENIORITY DATE ADJSTMENT, line 16, syntax error at character position 1"

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