Longevity Payments. Longevity payments shall be made annually in January of each school year for teachers and nurses in the service of the District as of the first day of that school year, and employed by the District prior to September 1, 2014. Longevity payments shall be computed as of the first day of the school year preceding the payment date according to the following schedule: o At the beginning of fifteen (15) but less than twenty (20) years of service with the District as of September 1, $281 o At the beginning of twenty (20) but less than twenty-five (25) years of service with the District as of September 1, $1,294 o At the beginning of twenty-five (25) or more years of service with the District as of September 1, $1,688 In the event a teacher leaves the employ of the District after the first day of the school year but before the January payment date, the prorated longevity payment due for that school year will be paid with the final salary payment.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
