Common use of Longevity Increments Clause in Contracts

Longevity Increments. Each FTNTT Faculty member, who is also a member of the bargaining unit in the 2015-2016 academic year, shall receive a longevity increment lump sum amount equal to $100.00 per year of service with the University up to a maximum of twenty (20) years of service. The longevity increment will be paid as a lump sum amount at the beginning of academic year 2016-2017 and will not be added to the FTNTT Faculty member’s base pay.

Longevity Increments. Each FTNTT Faculty member, who is also a member of the bargaining unit in the 20152012-2016 2013 academic year, shall receive a longevity increment lump sum amount equal to $100.00 125.00 per year of service with the University up to a maximum of twenty sixteen (2016) years of service. The longevity increment will be paid as a lump sum amount at the beginning of academic year 2016-2017 and will not be added to the FTNTT Faculty member’s base pay. The lump sum amount will be paid in the following manner: The first $400.00 will be paid in AY 2012-2013; any remaining amount will be equally split into three parts and paid in AY 2013-2014, AY 2014-2015 and AY 2015-2016.