Common use of Longevity Bonus Clause in Contracts

Longevity Bonus. Employees with at least fifteen (15) years of continuous service with MainePERS, but less than twenty (20) years, shall receive longevity pay of thirty cents ($.30) per hour of base compensation. Employees with at least twenty (20) years but less than twenty-five (25) years of continuous service with MainePERS shall receive longevity pay of forty cents ($.40) per hour of base compensation. Employees with at least twenty-five (25) years of continuous service with MainePERS shall receive longevity pay of fifty cents ($.50) per hour of base compensation. For purposes of this Article, continuous service with MainePERS shall include State service performed by former State employees who have "Transferred Employee" status (as defined in the Agreement Definitions Article) and State service performed by former State employees who have moved or move directly from State service to employment at MainePERS by June 30, 1995. For purposes of this Article, an authorized leave of absence of less than six (6) months shall not constitute a break in continuous service.

Longevity Bonus. Employees with at least fifteen (15) years of continuous service with MainePERS, but less than twenty (20) years, shall receive longevity pay of thirty cents ($.30) per hour of base compensation. Employees with at least twenty (20) years but less than twenty-twenty five (25) years of continuous service with MainePERS shall receive longevity pay of forty cents ($.40) per hour of base compensation. Employees with at least twenty-twenty five (25) years of continuous service with MainePERS shall receive longevity pay of fifty cents ($.50) per hour of base compensation. For purposes of this Article, continuous service with MainePERS shall include State service performed by former State employees who have "Transferred Employee" status (as defined in the Agreement Definitions Article) and State service performed by former State employees who have moved or move directly from State service to employment at MainePERS by June 30, 1995. For purposes of this Article, an authorized leave of absence of less than six (6) months shall not constitute a break in continuous service.