LONG SERVICE PAY. After 5 years - 1% of annual pay After 10 years - 1.5% of annual pay After 15 years - 2% of annual pay After 20 years - 2.5% of annual pay After 25 years - 3% of annual pay The Long Service Pay shall be paid once a year and not later than the 15th of December. Employees commencing employment on and after January 1, 1995, shall not be eligible to earn Long Service Pay.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
LONG SERVICE PAY. After 5 years - 1% of annual pay • After 10 years - 1.5% of annual pay • After 15 years - 2% of annual pay • After 20 years - 2.5% of annual pay • After 25 years - 3% of annual pay The Long Service Pay pay shall be paid once a year and not later than the 15th of December. Employees commencing employment on and after January 1, 1995, 1995 shall not be eligible to earn Long Service Pay.
Appears in 1 contract
Samples: Collective Agreement