Common use of LONG SERVICE PAY Clause in Contracts

LONG SERVICE PAY. All employees covered by this Agreement shall receive service pay for each month of actual employment as hereinafter provided: $ 6.25 per month after 8 years of service $12.50 per month after 13 years of service $18.75 per month after 18 years of service $25.00 per month after 23 years of service $31.25 per month after 28 years of service $37.50 per month after 33 years of service The service pay shall be paid annually on or before Pay Period #26 in the current year.

Appears in 3 contracts

Samples: Collective Agreement, Agreement, Collective Agreement

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LONG SERVICE PAY. All employees covered by this Agreement 31.01 The Employer shall receive pay long service pay annually to every employee on the first regular pay day after December first of each year, based on continuous part-time service as of December 31st of each year as follows: Qualifications for each month Payment Total Annual Payment Upon completion of actual employment as hereinafter providedfive years and less than ten years service: $ 6.25 per month after 8 50.00 Upon completion of ten years and less that fifteen years service: $100.00 Upon completion of fifteen years and less than twenty years service: $150.00 Upon completion of twenty years service or more: $12.50 per month after 13 years of service $18.75 per month after 18 years of service $25.00 per month after 23 years of service $31.25 per month after 28 years of service $37.50 per month after 33 years of service The service pay shall be paid annually on or before Pay Period #26 in the current year.200.00

Appears in 2 contracts

Samples: Agreement, Agreement

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LONG SERVICE PAY. All employees covered by this Agreement shall receive service pay for each month of actual employment as hereinafter provided: ; $ 6.25 per month after 8 years of service $12.50 per month after 13 years of service $18.75 per month after 18 years of service $25.00 per month after 23 years of service $31.25 per month after 28 years of service $37.50 per month after 33 years of service The service pay shall be paid annually on or before Pay Period #26 in the current year.service

Appears in 1 contract

Samples: www.atucanada.ca

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