Longevity Stipend. Employees who have been at the top longevity step for a minimum of one year will be eligible for a one-time payment of $500 each contract year. Such one-time payment shall be paid as salary prior to October 1.
Appears in 2 contracts
Samples: Master Agreement, Master Agreement
Longevity Stipend. Employees who have been at the top longevity step for a minimum of one year will be eligible for a one-time payment of $500 750 each contract year. Such one-time payment shall be paid as salary prior to October 1.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Longevity Stipend. Employees who have been at the top longevity step for a minimum of one year will be eligible for a one-time payment of $500 each contract year. Such one-time payment shall be paid as salary or a deposit into a 403b account. The payment will be made prior to October 1. The decision to deposit into a 403b account must be made by the eligible employee prior to Labor day each year. If no deposit decision is made by the eligible employee, then the one-time payment will be paid out via payroll.
Appears in 1 contract
Samples: Master Agreement
