Stability Payment for Ten Years' Service. Upon attaining ten (10) years of employment, an employee's annual lump sum stability payment advances to six (6) percent of his/her earnings for the calendar year as provided in Section 506.1 above and continues at that rate for the duration of his/her employment with the District.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Tentative Agreement
Stability Payment for Ten Years' Service. Upon attaining ten (10) years of employment, an employee's annual lump sum stability payment advances to six (6) percent of his/her earnings for the calendar year as provided in Section 506.1 Article 5.06 (a) above and continues at that rate for the duration of his/her employment with the District.
Appears in 2 contracts
Samples: Negotiated Agreement, Collective Bargaining Agreement
Stability Payment for Ten Years' Service. Upon attaining ten (10) years of employment, an employee's annual lump sum stability payment advances to six (6) percent of his/her earnings for the calendar year as provided in Section 506.1 Article 5.06(a) above and continues at that rate for the duration of his/her employment with the District.
Appears in 1 contract
Samples: Collective Bargaining Agreement