Residency Incentive. Employees who live within the Fort Loramie Local School District shall receive an annual residency incentive payment. Employees working the equivalent of 2 up to 4 hours daily will receive a payment of $150.00. Employees working the equivalent of 4 or more hours daily will receive a payment of $300.00. This payment does not impact severance pay or SERS contributions. Payment will be prorated for partial year residency and/or service of less than a full contract year, and will be made on the last paycheck in June each year.
Appears in 5 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
