Equity Supplement. In an effort to maintain salary parity, the District will give an Equity Supplement to the remaining employees who are covered by this Agreement and who are not eligible to receive pay from the Referendum Funds. This Equity Supplement will be an aggregate amount equal to two (2%) percent of base salary of those employees, inclusive of fringe expenses, starting on July 1, 2019. The Equity Supplement for each employee shall be calculated based on the employee’s base pay (excluding supplements, additional position payments and any other extra payments for work which is not part of the employee’s regular work calendar, such as for summer school, in-service, attendance, etc.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Article Eleven
