Service Recognition Program Sample Clauses

Service Recognition Program. 1. For FY 1999/2000, eligible employees who have reached at least the ten (10) year County service bench mark as outlined in Section 5 below, as of October 1, 1999, will receive 50% of the amount for each of the bench marks currently and previously reached. For example, an eighteen (18) year employee would receive 50% of the gross lump sum amounts for the ten (10) year bench mark and the fifteen (15) year bench mark. That is, the employee would receive half of $475 for ten (10) years and $775 for the fifteen (15) years totaling $625. The employee will receive this one time gross lump sum payment in the first full pay period in December 1999.

Service Recognition Program. 1. In special recognition of longevity and extraordinary services provided to the Matanuska-Susitna Borough School District by selected classified employees, there is hereby established a Service Recognition Program.

Service Recognition Program. Section 30.1. Employees who complete the required years of continuous service during the Term of this Agreement, as indicated below, shall receive a one-time, lump sum Service Recognition payment (not added to base), which shall be paid on the employee’s Anniversary Date as follows: Years of Continuous Service Lump Sum Payment 5 $100 10 $200 15 $300 20 $400 25 $500 30 Section 30.2. $600 Continuous service shall be defined as continuous paid service with the Town of and will be computed from the date of hire. Continuous service shall accumulate during Vacation Leave, Sick Leave, Workers’ Compensation Leave, and Military Leave.

Service Recognition Program. The MEA and the Board of Trustees will each appoint a committee to administer a service recognition program. The Village will dedicate five hundred dollars each fiscal year to fund the event.

Service Recognition Program. The Service Recognition Program (SRP) was frozen effective March 3, 2010. Those employees who qualified for SRP pay, prior to March 3, 2010, received a one step SRP advancement, if not already at the maximum amount of SRP pay, regardless of years of service. Thereafter, the SRP ceased to exist. Employees continued to receive the level of SRP pay after the one step advancement, if applicable, but would not continue to advance steps. SRP pay was for length of service. Regular employees hired after January 1, 1981 and before March 3, 2010, were eligible to receive SRP pay and continue to be eligible unless they resign, are laid off for longer than one (1) year without re-employment, or are discharged for cause. Service Recognition pay shall be as follows: 103.5% of base pay after ten (10) years of service; 107.0% of base pay after fifteen (15) years of service; 110.5% of base pay after twenty (20) years of service.