Common use of Recognition of Service Pay Clause in Contracts

Recognition of Service Pay. (a) In addition to salary as set out in Appendix A, the Corporation shall pay Recognition of Service Pay based on service with the Town, as follows and as set out in Appendix D: Effective October 1, 2004 1% after 8 years of service 2% after 17 years of service 3% after 23 years of service Effective April 1, 2005 2% after 8 years of service 4% after 17 years of service 6% after 23 years of service Effective October 1, 2005 3% after 8 years of service 6% after 17 years of service 9% after 23 years of service

Recognition of Service Pay. (a) In addition to salary as set out in Appendix A, the Corporation shall pay Recognition of Service Pay effective October 1, 2004 based on service with the Town, as follows and as set out in Appendix D: Effective October 1, 2004 1% after 8 years of service 2% after 17 years of service 3% after 23 years of service Effective April 1, 2005 2% after 8 years of service 4% after 17 years of service 6% after 23 years of service City. Effective October 1, 2005 the Recognition of Service Pay is 3% after 8 years of service service, 6% after 17 years of service and 9% after 23 years of service, as set out in Appendix D. (2009)

Recognition of Service Pay. (a) In addition to salary as set out in Appendix A, the Corporation shall pay Recognition of Service Pay effective October 1, 2004 based on service with the Town, as follows and as set out in Appendix D: Effective October 1, 2004 1% after 8 years of service 2% after 17 years of service 3% after 23 years of service Effective April 1, 2005 2% after 8 years of service 4% after 17 years of service 6% after 23 years of service . Effective October 1, 2005 the Recognition of Service Pay is 3% after 8 years of service service, 6% after 17 years of service and 9% after 23 years of service, as set out in Appendix D. (2009)