Common use of LONG SERVICE PAY Clause in Contracts

LONG SERVICE PAY. All employees covered by this Agreement shall receive service pay for each month of actual service employment as hereinafter provided. The service pay shall be paid annually on or before Pay Period #26 in the current year, except for seasonal employees who shall be paid in January of the year following entitlement. For the purposes of this Article, the following shall apply: a) Employees leaving the service of the City for any reason on or before the 15th day of any month shall not be entitled to service pay for that month. b) Employees commencing service after the 15th day of any month shall not be entitled to service pay for that month. c) In order to determine the length of service for temporary and seasonal employees, 21 days shall constitute one month, and 252 days shall constitute one year. Twelve dollars and fifty cents ($12.50) per month after completion of 10 years’ service. Twenty dollars ($20.00) per month after completion of 15 years’ service. Twenty-seven dollars and fifty cents ($27.50) per month after completion of 20 years’ service. Thirty five dollars ($35.00) per month after completion of 25 years’ service. Forty-two dollars and fifty cents ($42.50) after completion of 30 years’ service. Fifty dollars ($50.00) per month after completion of 35 years’ service.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

LONG SERVICE PAY. All employees covered by this Agreement shall receive service pay for each month of actual service employment as hereinafter provided. The service pay shall be paid annually on or before Pay Period #26 in the current year, except for seasonal employees who shall be paid in January of the year following entitlement. For the purposes of this Article, the following shall apply: a) Employees leaving the service of the City for any reason on or before the 15th day of any month shall not be entitled to service pay for that month. b) Employees commencing service after the 15th day of any month shall not be entitled to service pay for that month. c) In order to determine the length of service for temporary and seasonal employees, 21 days shall constitute one month, and 252 days shall constitute one year. Twelve Seven dollars and fifty cents ($12.507.50) per month after completion of 10 years’ service. Twenty Fifteen dollars ($20.0015.00) per month after completion of 15 years’ service. Twenty-seven two dollars and fifty cents ($27.5022.50) per month after completion of 20 years’ service. Thirty five dollars ($35.0030.00) per month after completion of 25 years’ service. FortyThirty-two seven dollars and fifty cents ($42.5037.50) per month after completion of 30 years’ service. Fifty Forty-five dollars ($50.0045.00) per month after completion of 35 years’ service.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

LONG SERVICE PAY. All employees covered by this Agreement shall receive service pay for each month of actual service employment as hereinafter provided. The service pay shall be paid annually on or before Pay Period #26 in the current year, except for seasonal employees who shall be paid in January of the year following entitlement. For the purposes of this Article, the following shall apply: a) Employees leaving the service of the City for any reason on or before the 15th day of any month shall not be entitled to service pay for that month. b) Employees commencing service after the 15th day of any month shall not be entitled to service pay for that month. c) In order to determine the length of service for temporary and seasonal employees, 21 days shall constitute one month, and 252 days shall constitute one year. Twelve Seven dollars and fifty cents ($12.507.50) per month after completion of 10 years’ years service. Twenty Fifteen dollars ($20.0015.00) per month after completion of 15 years’ service. years service Twenty-two dollars and fifty cents ($22.50) per month after completion of 20 years service Thirty dollars ($30.00) per month after completion of 25 years service Thirty-seven dollars and fifty cents ($27.5037.50) per month after completion of 20 years’ service. Thirty 30 years service Forty-five dollars ($35.00) per month after completion of 25 years’ service. Forty-two dollars and fifty cents ($42.50) after completion of 30 years’ service. Fifty dollars ($50.0045.00) per month after completion of 35 years’ years service.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!