Common use of Non-Indexed Longevity Payments Clause in Contracts

Non-Indexed Longevity Payments. WEA Members on the BA, BA+10, and BA+20 columns who have completed a full year at Step 18 shall receive yearly two thousand dollars ($2,000) non- indexed longevity payment. WEA Members on the MA, MA+15, MA+30, and MA+45 columns who have completed a full year at Step 18 shall receive yearly three thousand five hundred dollars ($3,500) non-indexed longevity payment. These payments will be paid the first pay in June. This amount shall be included for retirement purposes.

Appears in 2 contracts

Samples: Contract, Contract

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Non-Indexed Longevity Payments. WEA Members on the BA, BA+10, and BA+20 columns who have completed a full year at Step 18 shall receive yearly two one-thousand five hundred dollars ($2,0001,500) non- non-indexed longevity payment. WEA Members on the MA, MA+15, MA+30, and MA+45 columns who have completed a full year at Step 18 shall receive yearly three two-thousand five hundred dollars dollar ($3,5002,500) non-indexed longevity payment. These payments will be paid the first pay out in June26 pays. This amount shall be included for retirement purposes.

Appears in 2 contracts

Samples: Contract, Contract

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