Life With 5 Year Period Certain Option Sample Clauses

Life With 5 Year Period Certain Option. 99.00% plus (minus) .20% for each year that Participant’s age on his last birthday be- fore retirement is less (greater) than 60. Factor cannot exceed 100% APPENDIX C - Salary Schedule LOCAL FRATERNAL ORDER OF POLICE 2017 SALARY SCHEDULE Effective Date: October 1, 2017 Steps 1 2 3 4 5 6 7 8 9 10 Progression 1 Year Interval 2 Year Interval 3 Year Interval PO-1 54,046 55,991 57,839 60,804 66,668 72,021 77,184 79,784 82,180 84,143 PO-2 60,433 63,749 69,344 74,756 80,021 83,451 86,928 90,939 PO-3 71,375 77,682 83,505 87,388 92,508 96,998 Progression Between Steps Steps 1 thru 5: 1 year interval Steps 6 thru 9: 2 year interval Step 10: 3 year interval 1.95% LOCAL FRATERNAL ORDER OF POLICE 2018 SALARY SCHEDULE Effective Date: October 1, 2018 Steps 1 2 3 4 5 6 7 8 9 10 Progression 1 Year Interval 2 Year Interval 3 Year Interval PO-1 55,548 57,548 59,447 62,494 68,521 74,023 79,330 82,002 84,465 86,482 PO-2 62,113 65,521 71,272 76,834 82,246 85,771 89,345 93,467 PO-3 73,359 79,842 85,826 89,817 95,080 99,695 Progression Between Steps Steps 1 thru 5: 1 year interval Steps 6 thru 9: 2 year interval Step 10: 3 year interval 2.78% LOCAL FRATERNAL ORDER OF POLICE 2019 SALARY SCHEDULE Effective Date: September 29, 2019 Steps 1 2 3 4 5 6 7 8 9 10 Progression 1 Year Interval 2 Year Interval 3 Year Interval PO-1 57,170 59,228 61,183 64,319 70,522 76,184 81,646 84,396 86,931 89,007 PO-2 63,927 67,434 73,353 79,078 84,648 88,276 91,954 96,196 PO-3 75,501 82,173 88,332 92,440 97,856 102,606 Progression Between Steps Steps 1 thru 5: 1 year interval Steps 6 thru 9: 2 year interval Step 10: 3 year interval 2.92% FIRST AMENDMENT TO MEMORANDUM OF UNDERSTANDING BETWEEN WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY AND FRATERNAL ORDER OF POLICE/ METRO TRANSIT POLICE LABOR COMMITTEE, INC. As of July 31, 2019, the Washington Metropolitan Area Transit Authority and the Fraternal Order of Police/Metro Transit Police Labor Committee, Inc. agreed to a Memorandum of Understanding to amend and extend the existing collective bargaining agreement between the parties that became amendable on October 1, 2017. The parties agree to amend the Memorandum of Understanding as follows:
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Life With 5 Year Period Certain Option. 99.00% plus (minus) .20% for each year that Participant’s age on his last birthday be- fore retirement is less (greater) than 60. Factor cannot exceed 100% WASHINGTON METROOPOLITAN AREA TRANSIT AUTHORITY Police - Local FOP Salary Schedules 1 2 3 4 5 6 7 8 9 10 October 2008 PO-1 48,106 49,838 51,483 54,121 59,341 64,105 68,702 71,016 73,148 74,896 PO-2 53,791 56,744 61,724 66,540 71,227 74,280 77,375 80,945 PO-3 63,531 69,144 74,328 77,784 82,342 86,338 STEPS PROGRESSION BETWEEN STEPS 66 1 Year Interval: Steps 1 through 5 2 Year Interval: Steps 6 through 9 3 Year Interval: Step 10 Fraternal Order of Police Metro Transit Police Labor Committee, Inc. 000 0xx Xxxxxx, X.X. Xxxxxxxxxx, XX 00000 Ph: (000) 000-0000

Related to Life With 5 Year Period Certain Option

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