Creditable Service or Lump-Sum Award for Employees Completing Advanced Educational Work Sample Clauses

Creditable Service or Lump-Sum Award for Employees Completing Advanced Educational Work. Full-time employees completing an educational degree will be accorded additional creditable service for within-level progression, or a lump-sum award as described below, provided the quality of the employee’s work is fully adequate and further provided that advance supervisory approval of the educational program is granted. (1) An employee at rates 1-4 of any Administrative Representative, Administrative Professional or Senior Professional level position who completes an Associate, Bachelor, Masters, or Doctorate degree in a field which is consistent with TVA’s organizational needs will be accorded 26 pay periods’ creditable service. (2) An employee at rates 5-8 of any Administrative Representative, Administrative Professional or Senior Professional level position who completes an Associate, Bachelor, Masters or Doctorate degree in a field which is consistent with TVA’s organizational needs will receive a lump-sum award in the amount equivalent to the lowest within-level increase in for his/her position at the time the degree is earned.
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