Longevity Payment. Longevity is defined as the length of continuous service with the Oakridge Public Schools, irrespective of job classification. Longevity will be prorated as follows: First payment to be made last pay in June following 10th anniversary date. Anniversary Date - July 1 - Jan. 30 = full year earned Anniversary Date - Jan. 30 - June 30 = 1/2 year earned 10 to 15 years of service 4% 16 to 20 years of service ---- 4.5% 21 years and over -- 5.25% Longevity will be computed on an individual's base rate, (hourly wage) x total number of regular hours worked, including holidays and vacations, per year x appropriate percentage listed above. (2,080 hrs. = 12 month sec. and actual hours worked for a 10 month sec.) In the event of termination (re: illness, retirement) the employee's longevity will be figured on the employee's base rate x the number of hours earned to date of termination x the longevity percentage of the agreement. The school fiscal year of July 1 to June 30 will be used with payment in the last paycheck in June. Individuals will become eligible for longevity payment the year following the completion of ten (10) years of service. To qualify for a year's experience, a person shall have worked a minimum of six months.
Longevity Payment. 11.4-1 Longevity Payments shall be made on the June 30 Payroll check.
Longevity Payment. (a) Longevity payments after 10, 15, 20, 25, 30 and 35 years of service shall be paid as set forth on Appendix "C.2” to qualifying Employees if awarded pursuant to the annual performance appraisal provided in Section "6" above. Employees will receive their longevities effective their adjusted longevity date.
(b) If a longevity payment is denied, the Employee's performance will be reviewed within each subsequent six (6) months to determine if the longevity shall be implemented at that time.
Longevity Payment. Any unit member who has completed six or more years on Step 19 of any lane on the salary scale shall have his/her Step 19 salary increased by 2 .25 percent . (New longevity increases will not be implemented during FY 2011 and are subject to reopened negotiations in accordance with Article 31 of this Agreement.)
Longevity Payment. Each CMM employee with five – nine years of credited service shall receive an annual longevity salary payment in June of $250. Each CMM employee with ten – fourteen years of credited service shall receive an annual longevity salary payment in June of $400. Each CMM employee with fifteen – 19 years of credited service shall receive an annual longevity payment in June of
Longevity Payment. Longevity benefits shall be paid in the same pay period in which the employee's anniversary date falls based on County seniority.
Longevity Payment. A Professional Employee who completes the number of years of service as a licensed teacher indicated below shall be granted a longevity payment in the amount set forth below for the number of years of service that he/she has completed in a bargaining unit position: After ten (10) consecutive years of service $ 600.00 After fifteen (15) consecutive years of service $ 850.00 After twenty (20) consecutive years of service $1000.00 After twenty-five (25) consecutive years of service $1500.00 After thirty (30) consecutive years of service $3000.00
Longevity Payment. In other years teachers on the last step of a salary column who do not receive a step increase in a school year shall receive in each such school year a longevity payment of $250 in addition to the amount shown on the last step of the salary schedule.
Longevity Payment. Each employee will receive a longevity payment according to the following schedule, in the first pay period of December of each year of the contract if they are actively employed as of that date. Payments for part-time employees will be pro-rated. If an employee retires or is laid off during the year, but prior to the first pay period in December, the longevity payment will be made upon retirement or lay-off if otherwise eligible. Employees who resign, retire, or are terminated prior to the payment date are not eligible for payment. Longevity payments are not added to base salary for the purposes of computing salary increases in future years. Upon completion of: 2018 2019 2020 2021 2022 2023 5 – 9 years $500 $500 $500 $500 $500 10 – 14 years $750 $1,000 $1,000 $1,000 $1,000 $1,000 15 – 19 years $1,000 $1,250 $1,250 $1,250 $1,250 $1,250 20 – 24 years $1,250 $1,500 $1,500 $1,500 $1,500 $1,500 25 years or over $1,500 $1,750 $1,750 $1,750 $1,750 $1,750
Longevity Payment. Effective July 1, 2020, the longevity payments will be two (2) payments of four hundred fifty dollars ($450.00) beginning at step 23.
