Common use of Longevity Program Clause in Contracts

Longevity Program. 1. To be eligible to participate in the Longevity Program, a bargaining unit member must: a. have been employed by the Board prior to and/or as of January 18, 2012; and b. be currently and regularly assigned twenty (20) hours or more per week; and c. have received an overall satisfactory performance evaluation during the preceding work year; and d. have at least thirteen (13) years of service for the Board. For calculating years of service for the Board, September 30th shall be the cut-off date, meaning that bargaining unit members with employment dates after September 30th will not be given credit for that year. 2. The following award levels shall apply to bargaining unit members eligible to participate in the Longevity Program. a. For those eligible bargaining unit members who are currently and regularly scheduled to work at least thirty-five (35) hours per week shall receive the following annual, lump-sum payment based upon completed years of service for the Board: (1) 13 years to 18 years: $1,000 (2) 19 years to 23 years: $1,300 (3) 24 years and up: $1,550 b. For eligible bargaining unit members who are currently and regularly scheduled to work at least twenty (20) per week but less than thirty-five (35) hours per week shall receive the following annual, lump-sum payment based upon completed years of service for the Board: 14 years through 24 years: $500 c. Awards will be paid with the eligible bargaining unit member’s regular paycheck; no separate paycheck will be issued. 3. Bargaining unit members commencing new employment with the Board after January 18, 2012 shall not be eligible to participate in the Longevity Pay program.