Service Stipend. For the term of this agreement employees that have completed 10 years or more of service with the District as of July 1 of the contract year will receive a “Service Stipend” amount (paid with the December payroll each year) in accordance with the following table: Years of Completed Service Service Stipend Amount* 10-14 years $600 15-19 years $700 20-24 years $800 25 years or more $1,000 * Classified staff members employed by the District as of July 1, 2015 who opted for the Early Retirement Benefit and are no longer eligible to receive such benefit shall be eligible for the Service Stipend Amount based on their years of completed service.
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Service Stipend. For the term of this agreement employees that have completed 10 years or more of service with the District as of July 1 of the contract year will receive a “Service Stipend” amount (paid with the December payroll each year) in accordance with the following table: Years of Completed Service Service Stipend Amount* 10-14 years $600 650 15-19 years $700 750 20-24 years $800 850 25 years or more $1,000 1,050 * Classified staff members employed by the District as of July 1, 2015 who opted for the Early Retirement Benefit and are no longer eligible to receive such benefit shall be eligible for the Service Stipend Amount based on their years of completed service.
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Samples: Classified Agreement
Service Stipend. For the term of this agreement employees that have completed 10 years or more of service with the District as of July 1 of the contract year will receive a “Service Stipend” amount (paid in a separate check by December 15th of each year to the extent possible. If not possible, the stipend shall be paid with the December payroll each year.) in accordance with the following table: Years of Completed Service Service Stipend Amount* 10-14 years $600 800 15-19 years $700 1,000 20-24 years $800 1,200 25 years or more $1,000 1,400 Grants Pass School District No. 0 0000-0000 Classified Agreement * Classified staff members employed by the District as of July 1, 2015 who opted for the Early Retirement Benefit and are no longer eligible to receive such benefit shall be eligible for the Service Stipend Amount based on their years of completed service.
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Samples: Memorandum of Agreement