Data Table for Longevity Pay Sample Clauses

Data Table for Longevity Pay. All references will be made to longevity service grid as follows: Cumulative Years of Service Annual Payment 10 years $450 11 years $475 12 years $500 13 years $525 14 years $550 15 years $575 16 years $600 17 years $625 18 years $650 19 years $675 20 years $700 21 years $725 22 years $750 23 years $775 24 years $800 25 or more years $825

Data Table for Longevity Pay. All references will be made to longevity service grid as follows: Cumulative Years of Service Annual Payment 11 years $500 12 years $525 13 years $550 14 years $575 15 years $600 16 years $625 17 years $650 18 years $675 19 years $700 20 years $800 21 years $825 22 years $850 23 years $875 24 years $900 25 years to 29 years $1,000 30 years to 34 years $1,250 35 years or more $1,500 For the purpose of determining the “first year of service” when calculating “years of service” for this table, an Employee hired between July 1 and October 31 will complete their first year of service on June 30 of the current fiscal year.