Common use of Computation and Payment of Longevity Pay Clause in Contracts

Computation and Payment of Longevity Pay. The longevity pay shall be computed from the longevity date through November 16th of the year being paid. For purposes of computation, a longevity date prior to the 16th of a month shall cause that month to be counted as a month of employment. Longevity pay for all eligible employees shall be paid no later than the Wednesday prior to Thanksgiving.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

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