Common use of Stability Payment for Five Years' Service Clause in Contracts

Stability Payment for Five Years' Service. Upon attaining five (5) years of employment with the District, an employee earns, in addition to other earnings received, an annual lump sum payment amounting to three (3) percent of his/her annual earnings for the calendar year as provided in Section 506.1 above.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Negotiated Agreement, Tentative Agreement

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Stability Payment for Five Years' Service. Upon attaining five (5) years of employment with the District, an employee earns, in addition to other earnings received, an annual lump sum payment amounting to three (3) percent of his/her annual earnings for the calendar year as provided in Section 506.1 Article 5.06 (a) above.

Appears in 2 contracts

Samples: Negotiated Agreement, Negotiated Agreement

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Stability Payment for Five Years' Service. Upon attaining five (5) years of employment with the District, an employee earns, in addition to other earnings received, an annual lump sum payment amounting to three (3) percent of his/her annual earnings for the calendar year as provided in Section 506.1 Article 5.06(a) above.

Appears in 1 contract

Samples: Negotiated Agreement

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