Common use of Longevity Stipend Clause in Contracts

Longevity Stipend. Professional Employees covered by this agreement who have been continuously employed with the District as a certificated employee for 12 years or more as of the current contract year will receive a yearly $250 stipend. The term “years” as used in this provision shall apply to an employee who is employed at a .5 FTE or more. No contract year shall be counted if the employee was a less than .5 FTE employee. An additional $250 will be added to this stipend at each four (4) year increment of continuous employment with the District, thereafter. (See stipend matrix set out below). This stipend shall apply to all employees covered by this Agreement and shall take into consideration the current longevity of each current employee. By way of example, an employee who is currently paid pursuant to the grandfathered portion of the salary schedule and who has continuously been employed as a certificated employee for 20 years as of the current contract year shall receive their base pay under the salary schedule and shall additionally receive a stipend in the amount of $750 per year, so long as they remain continuously employed with the District. Once that employee has been continuously employed for 24 years the stipend amount will increase by $250 to $1000 annually with like increases every four years thereafter. CONTINUOUS YEARS OF #244 EXPERIENCE ANNUAL STIPEND 12‐15 $ 250 16‐19 500 20‐23 750 24‐27 1,000 28‐31 1,250 32‐35 1,500 36‐39 1,750

Longevity Stipend. Professional Employees covered by this agreement who have been continuously employed with the District as a certificated employee for 12 years or more as of the current contract year will receive a yearly $250 stipend. The term “years” as used in this provision shall apply to an employee who is employed at a .5 FTE or more. No contract year shall be counted if the employee was a less than .5 FTE employee. An additional $250 will be added to this stipend at each four (4) year increment of continuous employment with the District, thereafter. (See stipend matrix set out below). This stipend shall apply to all employees covered by this Agreement and shall take into consideration the current longevity of each current employee. By way of example, an employee who is currently paid pursuant to the grandfathered portion of the salary schedule and who has continuously been employed as a certificated employee for 20 years as of the current contract year shall receive their base pay under the salary schedule and shall additionally receive a stipend in the amount of $750 per year, so long as they remain continuously employed with the District. Once that employee has been continuously employed for 24 years the stipend amount will increase by $250 to $1000 annually with like increases every four years thereafter. CONTINUOUS YEARS OF #244 EXPERIENCE ANNUAL STIPEND 12‐15 $ 250 16‐19 500 20‐23 750 24‐27 1,000 28‐31 1,250 32‐35 1,500 36‐39 1,750STIPEND