Common use of Anniversary Increments Clause in Contracts

Anniversary Increments. ‌ For the term of this Agreement, an employee who completes 20 years of service with the District will be paid an anniversary increment of $75.00 per month in addition to his/her step rate for his/her salary range. Upon reaching 25 years of service, the employee’s anniversary increment will be increased to $150.00. The anniversary increment will be on a prorate basis for an employee scheduled to work less than full time.

Anniversary Increments. ‌ For the term of this Agreement, an employee who completes 20 years of service with the District will be paid an anniversary increment of $75.00 per month in addition to his/her step rate for his/her salary range. Upon reaching 25 years of service, the employee’s employee‟s anniversary increment will be increased to $150.00. The anniversary increment will be on a prorate basis for an employee scheduled to work less than full time.

Anniversary Increments. ‌ For the term of this Agreement, an employee who completes 20 years of service with the District will be paid an anniversary increment of $75.00 per month in addition to his/her step rate for his/her salary range. Upon reaching 25 years of service, the employee’s anniversary increment will be increased to $150.00. The anniversary increment will be on a prorate basis for an employee scheduled to work less than full time.