Common use of Longevity Payment Clause in Contracts

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. 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 $600. Each CMM employee with twenty or more years of credited service shall receive an annual longevity salary payment in June of

Longevity Payment. Each CMM employee with five – nine years of credited service shall receive an annual longevity salary payment on the first pay date in June July of $250. Each CMM employee with ten – fourteen years of credited service shall receive an annual longevity salary payment on the first pay date in June July of $400. Each CMM employee with fifteen – 19 years of credited service shall receive an annual longevity payment on the first pay date in June July of