Long Service Increments. After completion of twelve (12), sixteen (16), twenty (20) years service as a teacher in the Mt. Pleasant Public School System, longevity pay of five percent (5%) on the first step of the BA column shall be paid for each of the above periods of service. After twenty-five years of service as a teacher in the Mt. Pleasant Public Schools, the longevity pay increment shall be seven percent (7%) on the first step of the BA column; after 30 years of service, the increment shall be 5%. Thus, total longevity pay shall be: After 12 years = 5% of the BA step 1; After 16 years = 10% of the BA step 1; After 20 years = 15% of the BA step 1; After 25 years = 22% of the BA step 1; and After 30 years = 27% of the BA step 1. The only exception to the above is an administrator covered by the Tenure Act.
Appears in 7 contracts
Samples: Master Agreement, Master Agreement, Master Agreement