Common use of Longevity Increment Clause in Contracts

Longevity Increment. After completion of thirteen (13) years of satisfactory service, the longevity increment shall be 5% based on the employee’s current salary step. After completion of twenty (20) years of satisfactory service, the longevity increment shall be 10.5% based on the employee’s current salary step. After completion of twenty-five (25) years of satisfactory service, the longevity increment shall be 16.5% based on the employee’s current salary step.

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement (Cba)

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