SALARIES AND STIPENDS. STATE SALARY SCHEDULE: Association members will be placed on the state salary schedule effective with this contract. Members adversely affected, will be provided an incentive supplemental contract equaling the difference between the 2002-2003 District Salary Schedule and the State Salary Schedule during the first two years of this contract. The difference will be calculated on an FTE pro-rata basis for less than full time employees. All supplemental contracts will be based on the Association member’s placement on the State Salary Schedule during the term of this contract. The parties acknowledge the necessity to comply fully with the salary and benefit increase limitations imposed by State Law (hereinafter the “Salary Limits”). The parties further acknowledge the complexity of the compliance problems confronting them. Thus, it is not the intent of the parties to make any agreements which would preclude the District from complying with the Salary Limits or vest employees with salaries or benefits in excess of the Salary Limits.
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Samples: Contract Agreement, Contract Agreement, Contract Agreement