Stipend Point Value Adjustments Sample Clauses

Stipend Point Value Adjustments. In any year that a full-scale adjustment occurs for the EASMC Teacher Salary Scale, the “$ Value/Point” will be adjusted by the same percentage. Appendix E, Schedule of Stipends, includes the SMCPS stipend payment Schedule. The following table will list the value of a point beginning July 1, 2025 (FY26). The baseline dollar value per point for FY25 will be established through the joint study committee (see Article 21.2, Joint Study Committees). $ Value Per Point 1 – 3 N/A ▇▇▇ ▇▇▇ TBD 4 – 6 N/A ▇▇▇ ▇▇▇ TBD 7 – 9 N/A ▇▇▇ ▇▇▇ TBD 10+ N/A ▇▇▇ ▇▇▇ TBD