Longevity definition

Longevity is years of service with the District regardless of change in position.

Longevity means time in service in the Department from the date the employee became a probationary Police Officer.

Longevity means all time beginning at date of employment as a pilot, and 2 ending at termination of employment as a pilot, retirement as a pilot, or death.

Examples of Longevity in a sentence

• Letter of Understanding continued The parties further agree that the removal of Article Bereavement, Article Uniforms, Article Payment of General Holidays, Article Vacations with pay, are those that are incorporated in Longevity Bonus.

• Years of service to continue, those beginning year 16 or 23 will earn Longevity.

• Longevity will be defined as the employee's latest hire date as a regular employee with the District.

• Longevity pay shall be paid to all seniority employees in this unit according to the following schedule providing their services have been on a continuous basis with the Chippewa Valley Schools.

• Brokers who have been driving for the Company less than one year shall be entitled to per General Holiday to a maximum of Longevity Bonus payable by separate cheque, pro-rated at a rate of per holiday between his start date and June 30th.

More Definitions of Longevity

Longevity means the total length of continuous service by an employee as computedfor the purpose of determining employee fringe benefits and longevity pay. One-half longevity credit shall be earned for each biweekly payroll period in which a full-time employee works 40 or more hours. Regular part-time employees shall earn longevity credits on a pro rata basis. An employee who has been on a duly approved leave of absence shall retain all longevity earned before and after such leave but shall not earn longevity during the leave of absence. Longevity shall be earned during a military leave of absence in accordance with federal and state law.

Longevity means the cumulative length of a Flight Attendant's active service with the Company, commencing on date of hire and accumulating thereafter in accordance with the terms of this Agreement. For pay purposes, longevity will be measured from date of hire as a Flight Attendant. For vacation and benefit purposes, longevity may include other active service with the Company.

Longevity means a length of time beginning on a pilot’s seniority date of hire 4 and accrued for active and non-active service as provided in this Agreement.

Longevity means years of active service which will commence on the first day of initial training, with accrual periods outlined in this Agreement. Longevity governs pay scale increments and benefit accruals as specified in this Agreement.

Longevity means the length of full-time employment experience from the most recent date of hire with the Association.

Longevity is years of service with the District regardless of change in position. 2130 2131 2132 2133 2134 2135 2136 2137 2138 2139 2140 2141 2142 2143 2144 2145 2146 2147 2148 2149 2150 2151 2152 2153 2154 2155 2156 2157 2158 2159 2160 2161 2162 2163 2164 2165 2166 2167 2168 2169 2170 2171 2172 2173 2174 2175 2176

Longevity here means economic life, in the full economic sense. It should not be confused with physical carcass life. The "full economic sense" means the duration and time distribution of cash or service flows, properly adjusted for the time value of money.