Salary Increase - Teachers Sample Clauses

Salary Increase - Teachers. Teachers shall receive their scheduled salary increase, including their tier raise and any educational salary advancement, stipends as listed in the miscellaneous stipend schedule and extra curricular stipends unless they are within ten (10) years of retirement eligibility. Teachers who are within ten (10) years of retirement eligibility in the Illinois Teacher Retirement System shall receive the lesser of their scheduled increases and stipends or a salary which may not exceed six percent (6%) over their previous year’s scheduled salary and stipends. Any teacher submitting an irrevocable letter of resignation, referred to as “retirement notice,” for the purpose of salary enhancement as detailed in Article VII, Section W, Paragraph 1, consistent with the provisions of this Agreement shall be excluded from the above provision until his or her final four years of service in the District. However, any Tier II teacher (as defined by the Illinois Pension Code) who submits a retirement notice for the purpose of salary enhancement as detailed in Article VII, Section W, Paragraph 1 consistent with the provision of this Agreement, shall be excluded from the above provision until his or her final eight years of service in the District. The parties agree to negotiate any impact on wages and conditions of employment should the Illinois legislature enact legislation which amends any current statutory liability of the District for a teacher’s pension.
Sample 1
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Related to Salary Increase - Teachers

  • Salary Increase 46.01 Effective July 1, 2020 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2021 an increase equal to 1% will be added to the job rates and to the salaries of all employees. Effective July 1, 2022 an increase equal to 1% will be added to the job rates and to the salaries of all employees.

  • Salary Increases During the period of employment as provided in Paragraph 1(b) hereof, the base salary of the Executive shall be reviewed no less frequently than annually by the Board or the Compensation Committee of the Board to determine whether or not the same should be increased in light of the duties and responsibilities of the Executive and the performance thereof, and if it is determined that an increase is merited, such increase shall be promptly put into effect and the base salary of the Executive as so increased shall constitute the base salary of the Executive for purposes of Paragraph 3(a).

  • Salary Increments The Employer, may grant an increment for meritorious service after an employee has served for a period of twelve (12) months following the first day of the month established in Article 35.07 or twelve (12) months following the date of a change in his rate of compensation as established in Articles 35.04, 35.05, or 35.06.

  • General Salary Increase 1. Effective with the start of the pay week commencing closest to September 1, 2013, employees shall be provided an across-the-board salary increase of one percent (1%). Salary schedules shall be increased accordingly.

  • Submission of Salary Increases Recommendations for salary increases must be made to be effective on the first day of the month and must be submitted prior to the proposed effective date. However, retroactive six (6) month and annual salary increases to correct errors or oversights and retroactive payments resulting from grievance settlements shall be authorized. The proposed effective date for retroactive six (6) month and annual salary increases must be the first day of the month no more than twelve (12) months prior to the time of submitting the correcting recommendation.

  • Annual Increases On each anniversary of Employee's termination from employment, any remaining amounts to be paid during the next year pursuant to this Paragraph 9 shall be increased to an amount equal to one hundred ten percent (110%) of the amounts required to be paid by Employer hereunder under the provisions of this Paragraph 9 during the preceding year.

  • Anniversary Increments Employees shall advance on the wage grid on their anniversary date in the classification.

  • ANNUAL INCREMENT (1) Staff shall be entitled to an annual increment which shall be negotiated with the Union annually.

  • Longevity Increment All unit members who have completed the required years of District service, as defined below, shall be eligible to receive a longevity increment.

  • Wage Increase 1. The minimum hourly wage amounts in the salary table in column I (job grades 1 up to and includ- ing 3) concern the statutory minimum wage and are adjusted in the event of an increase in the statutory minimum wage.

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