Common use of Payment of Longevity Pay Upon Termination/Death Clause in Contracts

Payment of Longevity Pay Upon Termination/Death. An eligible employee shall be paid longevity pay upon termination of employment with the City, provided employee leaves under honorable conditions. Upon death of an employee, the longevity pay shall be paid to the beneficiary or estate. Longevity will not be prorated upon termination or death following January 1 of each year. If the employee terminates following Longevity payment in November through December 31 of the same year, no longevity is payable.

Appears in 5 contracts

Samples: Contract, Contract, Contract

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Payment of Longevity Pay Upon Termination/Death. An eligible employee shall be paid longevity pay upon termination of employment with the City, provided employee leaves under honorable conditions. Upon death of an employee, the longevity pay shall be paid to the beneficiary or estate. Longevity will not be prorated upon termination or death following January 1 of each year. If the employee terminates following Longevity payment in November through December 31 of the same year, no longevity is payable.

Appears in 1 contract

Samples: Contract

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