Longevity Service Pay Clause Samples

Longevity Service Pay. Each employee covered by this Agreement shall be paid a longevity payment of $300.00 annually upon completion of his/her fifth year of continuous service, an additional $300,00 annually upon completion of his/her tenth year of continuous service, an additional $300.00 annually upon completion of his/her fifteenth year of continuous service, an additional $300.00 annually upon completion of his/her twentieth year of continuous service, and an additional $300.00 annually upon completion of his/her thirtieth year of continuous service. An authorized leave of absence without pay of one year or less shall not result in an interruption of said years of continuous service but shall in no event be used in computation of the said years of continuous service as set forth above. The longevity payment provided for in this Article shall be in lump sum payments on or about November 1 of each year.
Longevity Service Pay. A. Employees in the bargaining unit will receive annual longevity payments based on their adjusted hire date according to the following schedule: 5 Years $150 10 Years $250 15 Years $350 20 Years $450 25 Years $550 30 Years $650 B. Method of Payment: Longevity payments shall be applied by adding said payments to the employee's weekly or biweekly paychecks, whichever is applicable, in the following manner: 1. Employees shall be eligible for longevity payments upon the anniversary date of their employment which shall occur at the completion of the 5th, 10th, 15th, 20th, 25th, and 30th year of service. 2. Longevity payments shall commence in the first full payroll period of the month following the month in which the anniversary falls.
Longevity Service Pay. A. An Employee shall be eligible for longevity increment upon the completion of the following years of full time actual service; 15 years, 20 years, 25 years, and 30 years. Said longevity increment shall be computed from the date of original full time appointment and shall be pro-rated from the anniversary of the appointment date until the end of the year. However, employees will become eligible on the first of the month coinciding with or next following the completion of the required service. The Employee longevity increment shall be paid to him as part of the annual salary. The longevity increment will increase yearly by the same rare as the settlement percentage. The 10- month employee will receive 10/12 of the stipend amount. B. Such Employee shall receive longevity increment as follows: Years of Completed Service 2013-14 2014-15 2015-16 15 Years $1084 $1106 $1128 20 Years $2010 $2050 $2091 25 Years $2888 $2946 $3005 30 or more years $3766 $3841 $3918 C. Should an eligibility question arise in the case of any individual, the aforementioned longevity shall not be withheld unless the person has been given full recourse under the legal provisions of Title 18A of the New Jersey Statute and the grievance procedures. D. Employees hired on or after July 1, 2013 will not be eligible for longevity.
Longevity Service Pay. Each employee covered shall accrue longevity Service Pay of Four Hundred Dollars ($400) a year upon the anniversary date of his completion of five (5) years; an additional Two Hundred Dollars ($200) a year for each five (5) years of employment thereafter to a maximum amount of One Thousand Dollars ($1000), payable in a lump sum on or about June 1st of each year of anniversary, but no later than the next full payroll period.
Longevity Service Pay. 17.3.1 Each employee shall have added to his annual salary each year, payable on a weekly basis, the following sums after the completion of 5, 10, 15 and 20 years of service: Longevity shall be paid on a weekly basis, but it shall not become part of base salary for the purpose of computing future raises, overtime, holiday pay, comp time or other premium pay allowances. 17.3.2 Effective as of January 1, 2004, the longevity payment schedule and amounts are as follows:
Longevity Service Pay. Each eligible employee shall receive, in addition to his/ her basic salary, a longevity service payment for the first year of : After five (5) continuous years $ 500.00 After ten (10) continuous years $ 800.00 After fifteen (15) continuous years $1100.00 After seventeen (17) continuous years and over $2500.00 After five (5) years continuous years $ 700.00 After ten year (10) continuous years $1000.00 After fifteen (15) continuous years $1300.00 After seventeen (17) continuous years $2700.00 After five (5) years continuous years $ 900.00 After ten (10) years continuous years $1200.00 After fifteen (15) continuous years $1500.00 After seventeen (17) continuous years $2900.00 In lieu of adoption of provision 384(e) of the New York State and Local Police and Fire Retirement System. Payments will be made in a lump sum in June of each year. This payment will be treated as income for taxation purposes. In calculating consecutive service for the purpose of longevity pay, resignation, discharge, or other termination of employment of a duration in excess of one (1) year shall be considered as terminating consecutive service. No accumulation of consecutive service shall occur while an employee is on suspension, without pay, if such period is for two (2) weeks or more, or while on authorized leave of absence without pay in excess of one (1) year.
Longevity Service Pay. 13.4.1 Each employee shall receive in addition to his/her base rate of pay, longevity service pay as follows: 13.4.2 Employees who have completed the required amount of continuous regular service in each calendar year shall receive the specified longevity pay in November of that same year. 13.4.3 An authorized or unauthorized absence without pay shall not be used in the computation of years of continuous service for the purposes set forth above.
Longevity Service Pay. 1. Effective September 1, 1984 the longevity system shall be as follows: Continuous Years of Service Annual Amount 5 to 9 $ 300 10 to 14 600 15 to 19 900 20 to R 1,200 Payments ▇▇▇▇ be made on or about November 1st each year for those employees who have completed the necessary amount of years in that calendar year. The payment shall be part of the regular paycheck, and a payroll factor shall be used for tax purposes. The above longevity shall apply to full-time regular employees and full-time adjuncts shall receive longevity service credit for continuous full-time service with no breaks. 2. The longevity payment provided for in this Article shall be in addition to any normal salary adjustment negotiated. Such payment shall become payable commencing with the first full pay period following the completion of the years of service required. 3. An authorized absence (except sabbatical leave) without pay of one year or less shall not result in an interruption of said years of continuous service but shall in no event be used in computation of the said years of continuous service as set forth above.
Longevity Service Pay. 1) All full-time employees will be paid longevity service adjustments as follows: 6 - 9 $ 1,000 10 - 14 1,200 15 - 19 1,400 20 - 24 1,600 25 - 29 1,800 30+ 2,000 2) Payment shall be made, as close to November 1, of each year as is possible. The payment shall be made in a regular paycheck.
Longevity Service Pay. 8.3.1 All employees covered by this Agreement who have given five (5) years continuous service based upon anniversary date of employment shall have their hourly rate increased by four percent (4%). 8.3.2 All employees covered by this Agreement that have given ten (10) years of continuous service based upon anniversary date of employment shall have their hourly rate increased by four and one-half percent (4.5%). 8.3.3 All employees covered by this Agreement that have given fifteen (15) years of continuous service based upon anniversary date of employment shall have their hourly rate increased by five percent (5%). 8.3.4 All employees covered by this Agreement that have given twenty (20) years of continuous service based upon anniversary date of employment shall have their hourly rate increased by five and one-half percent (5.5%). 8.3.5 The above increases shall take effect in the pay period following the employee’s anniversary date.