Common use of Longevity Steps Clause in Contracts

Longevity Steps. 20-1-1 An administrator completing ten (10) years of service in the School District will receive an additional one thousand three hundred dollars ($1,300) for which PERS contributions will be made. If the administrator begins his/her tenth year at the beginning of the contract year, the $1,300 is provided in monthly increments of $108.33 ($54.17 per pay period) effective with the first month of the contract year. If the administrator begins his/her tenth year within the contract year but prior to February 1, and the effective date of the appointment is at the beginning of the contract year, the administrator receives the $1,300 in monthly increments of $108.33 ($54.17 per pay period) effective with the first month of the contract year. If the administrator begins his/her tenth year within the contract year and prior to February 1, but the effective date of the appointment is after the beginning of the contract year, the administrator receives monthly increments of $108.33 ($54.17 per pay period) effective with the first pay period as an administrator. If the administrator, regardless of the date of the administrative appointment, begins his/her tenth year within the contract year on or after February 1, the administrator receives the $1,300 in monthly increments beginning with the first month of the subsequent contract year. The $1,300 is in addition to the base salary and all other stipends in effect. The $1,300 stipend is provided in subsequent years but is discontinued when the administrator begins his/her fifteenth year and becomes eligible for the $1,800 stipend.

Longevity Steps. 20-1-1 An administrator completing ten (10) years of service in the School District will receive an additional one thousand three five hundred dollars ($1,3001,500) for which PERS contributions will be made. If the administrator begins his/her tenth year at the beginning of the contract year, the $1,300 1,500 is provided in monthly increments of $108.33 125.00 ($54.17 62.50 per pay period) effective with the first month of the contract year. If the administrator begins his/her tenth year within the contract year but prior to February 1, and the effective date of the appointment is at the beginning of the contract year, the administrator receives the $1,300 1,500 in monthly increments of $108.33 125.00 ($54.17 62.50 per pay period) effective with the first month of the contract year. If the administrator begins his/her tenth year within the contract year and prior to February 1, but the effective date of the appointment is after the beginning of the contract year, the administrator receives monthly increments of $108.33 125.00 ($54.17 62.50 per pay period) effective with the first pay period as an administrator. If the administrator, regardless of the date of the administrative appointment, begins his/her tenth year within the contract year on or after February 1, the administrator receives the $1,300 1,500 in monthly increments beginning with the first month of the subsequent contract year. The $1,300 1,500 is in addition to the base salary and all other stipends in effect. The $1,300 1,500 stipend is provided in subsequent years but is discontinued when the administrator begins his/her fifteenth year and becomes eligible for the $1,800 2,000 stipend.