Longevity Differentials Sample Clauses

Longevity Differentials. Longevity differentials shall apply to the titles, in the amounts and on the effective dates indicated below. A longevity differential does not become part of the basic salary rate, except in the calculation of overtime. Service eligibility is related to length of service in the appropriate occupational group. Eligibility for a longevity differential occurs on the January 1, April 1, July 1 or October 1 subsequent to the appropriate anniversary date. The longevity differential is not pensionable until the employee had received it for two years. When an employee who is receiving a longevity differential is promoted to a title eligible for a service increment, the eligibility for the longevity differential shall subsequently end and the employee shall receive the appropriate service increment, if applicable. EOC Accounting Assistant 5 years of service 12 years of service Effective 10/1/08 Per Annum $654 $1,047 additional The longevity differential is payable only to an EOC Accounting Assistant with service eligibility who, prior to January 2, 1984, served in an EOC title equated to the New York City title Assistant Accountant.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Longevity Differentials. Longevity differentials shall apply to the titles, in the amounts and on the effective dates indicated below. A longevity differential does not become part of the basic salary rate, except in the calculation of overtime. Service eligibility is related to length of service in the appropriate occupational group. Eligibility for longevity differential occurs on the January 1, April 1, July 1 or October 1 subsequent to the appropriate anniversary date. The longevity differential is not pensionable until the employee has received it for two years. When an employee who is receiving a longevity differential is promoted to a title eligible for a service increment (see Subsection (c)) the eligibility for the longevity differential ends and the employee shall receive the appropriate service increment, if applicable. (1) Engineering and Architectural Titles 04821 University Assistant Architect 04823 University Assistant Engineer 10/1/02 $541 an additional $541 an additional $865 10/1/03 $555 an additional $555 an additional $887 10/1/04 $570 an additional $570 an additional $911 10/1/05 $581 an additional $581 an additional $929 9/30/06 $587 an additional $587 an additional $938 04827 University Engineering Technician 10/1/02 $433 an additional $433 10/1/03 $444 an additional $444 10/1/04 $456 an additional $456 10/1/05 $465 an additional $465 9/30/06 $470 an additional $470 (2) Accounting Titles 04800 College Accounting Assistant *** The longevity differential is payable only to a College Accountant Assistant with service eligibility who was converted from the New York City title Assistant Accountant effective on or about January 2, 1984. WHITE COLLAR AGREEMENT 2002-2006 PAGE 30 10/1/02 $541 an additional $865 10/1/03 $555 an additional $887 10/1/04 $570 an additional $911 10/1/05 $581 an additional $929 9/30/06 $587 an additional $938 04801 College Accountant 10/1/02 $1,082 10/1/03 $1,109 10/1/04 $1,139 10/1/05 $1,162 9/30/06 $1,174 In determining eligibility for this longevity differential, service in the title College Accountant at Level I (but not Level IA) and at Level II and above, and service in the predecessor title, Associate Accountant, shall be credited toward meeting the 12- year service requirement. Effective 9/30/02, in accordance with the agreement reached between the University and District Council 37, Local 1407 on the utilization of the Additional Compensation Fund, a new longevity differential was established. 04800 College Accounting Assistant 04...
Sample 1Sample 2
Longevity Differentials. Longevity differentials shall apply to the titles, in the amounts and on the effective dates indicated below. A longevity differential does not become part of the basic salary rate, except in the calculation of overtime. Service eligibility is related to length of service in the appropriate occupational group. Eligibility for longevity differential occurs on the January 1, April 1, July 1 or October 1 subsequent to the appropriate anniversary date. The longevity differential is not pensionable until the employee has received it for two years. When an employee who is receiving a longevity differential is promoted to a title eligible for a service increment (see Subsection (c)) the eligibility for the longevity differential ends and the employee shall receive the appropriate service increment, if applicable.
Sample 1Sample 2
Longevity Differentials. Longevity differentials shall apply to the titles, in the amounts and on the effective dates indicated below. A longevity differential does not become part of the basic salary rate, except in the calculation of overtime. Service eligibility is related to length of service in the appropriate occupational group. Eligibility for a longevity differential occurs on the January 1, April 1, July 1 or October 1 subsequent to the appropriate anniversary date. The longevity differential is not pensionable until the employee had received it for two years. Effective 2/1/20 Per Annum 12 years of service $1,089 additional The longevity differential is payable only to an EOC Accounting Assistant with service eligibility who, prior to January 2, 1984, served in an EOC title equated to the New York City title Assistant Accountant.
Sample 1Sample 2
Longevity Differentials. Longevity differentials shall apply to the titles, in the amounts and on the effective dates indicated below. A longevity differential does not become part of the basic salary rate, except in the calculation of overtime. Service eligibility is related to length of service in the appropriate occupational group. Eligibility for longevity differential occurs on the January 1, April 1, July 1 or October 1 subsequent to the appropriate anniversary date. The longevity differential is not pensionable until the employee has received it for two years. When an employee who is receiving a longevity differential is promoted to a title eligible for a service increment (see Subsection (c)) the eligibility for the longevity differential ends and the employee shall receive the appropriate service increment, if applicable. (1) Engineering and Architectural Titles 04821 University Assistant Architect 04823 University Assistant Engineer Effective 5 Years of Service 10 Years of Service 15 Years of Service 10/1/08 $654 an additional $654 an additional $1,047 04827 University Engineering Technician
Sample 1
Longevity Differentials. Supervisors of School Security shall receive a longevity differential in the pro-rata annual amount set forth below based upon their combined length of City and Board service. The longevity differentials are effective on the Employee’s applicable anniversary date and are part of the Employee’s regular annual salary. Effective Date 10 years 15 years 20 years 22 years May 19, 2008 $794 $1,590 $2,783 $3,093 May 1, 2013 $802 $1,606 $2,811 $3,124 May 1, 2014 $810 $1,622 $2,839 $3,155 May 1, 2015 $834 $1,671 $2,925 $3,250 May 1, 2016 $863 $1,729 $3,027 $3,363 May 1, 2017 $902 $1,808 $3,165 $3,516 May 1, 2018 $920 $1,843 $3,227 $3,585 June 16, 2018 $948 $1,898 $3,324 $3,693
Sample 1
Longevity Differentials. Longevity differentials shall apply to the titles, in the amounts and on the effective dates indicated below. A longevity differential does not become part of the basic salary rate, except in the calculation of overtime. Service eligibility is related to length of service in the appropriate occupational group. Eligibility for longevity differential occurs on the January 1, April 1, July 1 or October 1 subsequent to the
Sample 1
AutoNDA by SimpleDocs
Longevity Differentials. Longevity differentials shall apply to the titles, in the amounts and on the effective dates indicated below. A longevity differential does not become part of the basic salary rate, except in the calculation of overtime. Service eligibility is related to length of service in the appropriate occupational group. Eligibility for a longevity differential occurs on the January 1, April 1, July 1 or October 1 subsequent to the appropriate anniversary date. The longevity differential is not pensionable until the employee had received it for two years. When an employee who is receiving a longevity differential is promoted to a title eligible for a service increment, the eligibility for the longevity differential shall subsequently end and the employee shall receive the appropriate service increment, if applicable. Effective 10/1/06 Per annum Effective 10/1/07 Per Annum Effective 10/1/08 Per Annum 5 years of service $605 $629 $654 12 years of service $968 additional $1,007additional $1,047 additional The longevity differential is payable only to an EOC Accounting Assistant with service eligibility who, prior to January 2, 1984, served in an EOC title equated to the New York City title Assistant Accountant.
Sample 1

Related to Longevity Differentials

  • Shift Differentials 18.1 Employees whose regularly assigned shifts commence between 1400 and 2159 hours shall receive a shift differential of seventy-five cents (75¢) per hour, and employees whose regularly assigned shifts commence between 2200 and 0559 hours shall receive a shift differential of eighty cents (80¢) per hour. Effective January 1, 2005, for employees whose regularly assigned shifts commence between 2200 and 0559 hours shall receive a shift differential of one dollar ($1) per hour. Overtime shall not be calculated on the shift differential nor shall the shift differential be paid for paid absence from duty such as vacations, general holidays, etc.

  • Shift Differential A. Shift differential will be $.60 cents per hour. B. Employees eligible for shift differential are those whose work shift begins before 6:00 a.m. or ends on or after 7:00 p.m. and are scheduled by their supervisor for a total shift of at least six (6) hours in duration. This shift differential shall not apply to those employees who have requested and have been granted flexible work scheduling.

  • Weekend Differential Employees assigned to State institutions other than Maine State Prison shall be eligible for a weekend differential of fifty cents ($.50) per hour to the base for shifts beginning between 10:00 p.m. Friday and 9:59 p.m.

  • Bilingual Differential When formally assigned in the employee’s position description, an employee assigned to interpret to or from another language to English will receive a differential of five percent (5%) of base pay.

  • Night Differential An employee shall be paid a night differential, bi-weekly for hours worked between midnight and 7:00 a.m. at a rate of $3.00 per hour. Night differential worked during overtime will be paid at one and one-half (1 ½) times $3.00 and on statutory holidays at two (2) times $3.00.

  • Night Shift Differential Unit 12 employees who regularly work shifts shall receive a night shift differential as set forth below: A. Employees shall qualify for the first night shift pay differential of forty (40) cents per hour where four (4) or more hours of the regularly scheduled work shift falls between 6 p.m. and 12 midnight. B. Employees shall qualify for the second night shift pay differential of fifty (50) cents per hour where four (4) or more hours of the regularly scheduled work shift fall between 12 midnight and 6 a.m. C. A "regularly scheduled work shift" are those regularly assigned work hours established by the department director or designee.

  • Differentials Special Education Head Teachers at the High School, Middle School and Elementary levels differentials shall be based on the size of the team (department) as follows:

  • Shift Differential Pay SECTION 1: In addition to compensation provided by the wage schedule, employees working between the hours of 3:00 P.M. and 7:00 A.M. shall be paid a shift differential premium of $.45 (forty-five cents) per hour in addition to the regular pay for those hours. SECTION 2: Employees must work a minimum of 3 (three) hours in order for shift differential to apply.

  • Differential Differential is a salary allowance in addition to the basic rate or schedule based upon additional skills, responsibilities, hours of employment, or distasteful or hazardous work.

  • Price Differential a. On each Business Day that a Transaction is outstanding, the Pricing Rate shall be reset and, unless otherwise agreed, the accrued and unpaid Price Differential shall be settled in cash on each related Price Differential Payment Date. Two (2) Business Days prior to the Price Differential Payment Date, Buyer shall give Seller written or electronic notice of the amount of the Price Differential due on such Price Differential Payment Date. On the Price Differential Payment Date, Seller shall pay to Buyer the Price Differential for such Price Differential Payment Date (along with any other amounts to be paid pursuant to Sections 7 and 34 hereof), by wire transfer in immediately available funds. b. If Seller fails to pay all or part of the Price Differential by 3:00 p.m. (New York City time) on the related Price Differential Payment Date, with respect to any Purchased Mortgage Loan, Seller shall be obligated to pay to Buyer (in addition to, and together with, the amount of such Price Differential) interest on the unpaid Repurchase Price at a rate per annum equal to the Post Default Rate until the Price Differential is received in full by Buyer. c. Seller may remit to Buyer funds in an amount up to the outstanding Purchase Price of the Purchased Mortgage Loans, to be held as unsegregated cash margin and collateral for all Obligations under this Agreement (such amount, to the extent not applied to Obligations under this Agreement, the “Buydown Amount”). The Buydown Amount shall be used by Buyer in order to calculate the aggregate Price Differential, which will accrue on the aggregate Purchase Price then outstanding minus the Buydown Amount, applied to Transactions involving the lowest Pricing Rate. The Seller shall be entitled to request a drawdown of the Buydown Amount or remit additional funds to be added to the Buydown Amount no more than one time per week. Without limiting the generality of the foregoing, in the event that a Margin Call or other Default exists, the Buyer shall be entitled to use any or all of the Buydown Amount to cure such circumstance or otherwise exercise remedies available to the Buyer without prior notice to, or consent from, the Seller. Within two (2) Business Days’ receipt of written request from Seller, and provided no Margin Call or other Default exists, Buyer shall remit any portion of such Buydown Amount back to Seller.

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