Common use of Longevity Benefits Clause in Contracts

Longevity Benefits. 1. Reference sub-section D of Section 4-72 of the Administrative Code. Each full time permanent employee in Grades 2 through 9 shall receive longevity compensation, in addition to their salary in accordance with the following schedule: 5-10 years of service 3 percent 10-15 years of service 6 percent 15-20 years of service 8 percent 20 or more years of service 10 percent

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Longevity Benefits. 1. A. Reference sub-section D of Section 4-72 of the Administrative Code. Each full time permanent employee in Grades 2 through 9 covered by this agreement hired prior to January 1, 1977 shall receive longevity compensation, in addition to their salary in accordance with the following schedule: 5-10 years of service 3 percent 10-15 years of service 6 percent 15-20 years of service 8 percent 20 or more years of service 10 percent

Appears in 2 contracts

Samples: Agreement, Agreement

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