Common use of LONG SERVICE PAY Clause in Contracts

LONG SERVICE PAY. After 5 years - 1% of annual pay After 10 years - 1.5% of annual pay After 15 years - 2% of annual pay After 20 years - 2.5% of annual pay After 25 years - 3% of annual pay The Long Service Pay shall be paid once a year and not later than the 15th of December. Employees commencing employment on and after January 1, 1995, shall not be eligible to earn Long Service Pay.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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LONG SERVICE PAY. After 5 years - 1% of annual pay After 10 years - 1.5% of annual pay After 15 years - 2% of annual pay After 20 years - 2.5% of annual pay After 25 years - 3% of annual pay The Long Service Pay pay shall be paid once a year and not later than the 15th of December. Employees commencing employment on and after January 1, 1995, 1995 shall not be eligible to earn Long Service Pay.

Appears in 1 contract

Samples: Collective Agreement

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