Common use of Longevity Stipend Clause in Contracts

Longevity Stipend. Any certified employee who completes the following consecutive years of service in USD 480 calculated at the beginning of the school year will be eligible for a longevity stipend, to be paid in December of each school year, but only if (i) the employee is still employed with USD 480 on the date of payment; and (ii) the employee has not submitted to USD 480, prior to receipt of said payment, a letter of resignation. Last Modified: 2017 5 – 9 years $300 10 – 14 years $700 15 – 19 years $1200 20 years or more $2000

Longevity Stipend. Any certified employee who completes the following most recent consecutive years of service in USD 480 calculated at the beginning of the school year will be eligible for a longevity stipend, to be paid in December of each school year, but only if (i) the employee is still employed with USD 480 on the date of payment; and (ii) the employee has not submitted to USD 480, prior to receipt of said payment, a letter of resignation. Last Modified: 2017 5 – 9 years $300 10 – 14 years $700 15 – 19 years $1200 20 years or more $2000

Longevity Stipend. Any certified certified employee who completes the following consecutive years of service in USD 480 calculated at the beginning of the school year will be eligible for a longevity stipend, to be paid in December of each school year, but only if (i) the employee is still employed with USD 480 on the date of payment; and (ii) the employee has not submitted to USD 480, prior to receipt of said payment, a letter of resignation. Last Modified: 2017 5 – 9 years $300 10 – 14 years $700 15 – 19 years $1200 20 years or more $2000