Minimum Increase for Teachers on Longevity Sample Clauses

Minimum Increase for Teachers on Longevity. Each teacher who was on Step 35 or who was receiving Longevity during the previous school year, and who remains in the same lane and who shall receive no vertical increment during the current school year, shall receive an increase in salary equal to six and one tenths percent (6.1%) for the 2022-23 school year, plus the necessary adjustment (approximately 0.064%) to ensure no net loss from the movement of TRS/THIS/Bonus into base. and three percent (3%) for the remaining year(s) above the salary paid to that teacher for the previous school year. If, in a given year, the Step 33, Step 34 or Step 35 amount exceeds the amount that would be earned by a teacher on Longevity, then that teacher shall be placed accordingly on Step 33, Step 34 or Step 35 rather than on Longevity. Each teacher who was on Longevity during the previous school year, and who moves to a higher lane horizontally but shall not receive a vertical increment during the current school year, shall receive an increase in salary equal to six and one tenths percent (6.1%) for the 2022-23 school year, plus the necessary adjustment (approximately 0.064%) to ensure no net loss from the movement of TRS/THIS/Bonus into base and three percent (3%) for the remaining year(s) above the salary paid to that teacher for the previous school year, plus the dollar difference between the prior and new lanes on Step 35 of the Salary Schedule in effect during the year that the horizontal movement occurs. Each teacher shall receive the salary schedule amount and this payment, which together shall equal an amount six and one tenths percent (6.1%) for the 2022-23 school year, plus the necessary adjustment (approximately 0.064%) to ensure no net loss from the movement of TRS/THIS/Bonus into base. and three percent (3%) for the remaining year(s) above the salary paid to that teacher for the previous school year (plus any horizontal dollar difference, if applicable), prorated over all checks. For the 2022-2023 school year only, a 2.0% one-time cost of living stipend on a teacher’s base salary will be paid in mid-September.
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Minimum Increase for Teachers on Longevity. Each teacher who was on S t ep 18 i n 20 19 - 20 or on Step 35 in 2020-21 or thereafter or who was receiving Longevity during the previous school year, and who remains in the same lane and who shall receive no vertical increment during the current school year, shall receive an increase in salary equal to three percent (3%) above the salary paid to that teacher for the previous school year. If, in a given year, the Step 33, Step 34 or Step 35 amount exceeds the amount that would be earned by a teacher on Longevity, then that teacher shall be placed accordingly on Step 33, Step 34 or Step 35 rather than on Longevity. Each teacher who was on Longevity during the previous school year, and who moves to a higher lane horizontally but shall not receive a vertical increment during the current school year, shall receive an increase in salary equal to three percent (3%) above the salary paid to that teacher for the previous school year, plus the dollar difference between the prior and new lanes on Step 35 of the Salary Schedule in effect during the year that the horizontal movement occurs. Each teacher shall receive the salary schedule amount and this payment, which together shall equal an amount three percent (3%) above the salary paid to that teacher for the previous school year (plus any horizontal dollar difference, if applicable), prorated over all checks.
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