Longevity Bonus. Effective 2005, twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700.00) per year, payable in one lump sum by the second pay period following the employee's anniversary date.
Longevity Bonus. Upon retirement, Unit Members will be compensated with a longevity bonus for years of service in the District: 20 – 24 years $2,000 25 – 29 years $2,500 30 or more years $3,000
Longevity Bonus. (a) Not later than three months after the date of this Agreement each employee who qualifies under subsection (b) shall be paid a Longevity Bonus of $1,200. Such Bonus shall be paid in a separate check and shall be subject to withholdings for applicable Federal, State and Local ta xes.
Longevity Bonus. Employees with fifteen (15) years of continuous full-time service shall receive a longevity bonus on their anniversary date and each year thereafter. Deferment for authorized leave of absence shall be deductible and not considered as a break in service. The annual longevity bonus payments will be paid in accordance with the following schedule:
Longevity Bonus. A. Upon completion of the following years of employment, Employer shall pay eligible employees an annual longevity bonus, the amounts which follow: After 5 through 9 years service 1.0% of annual salary on anniversary date After 10 through 14 years service 1.5% of annual salary on anniversary date After 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date
Longevity Bonus. Employees covered by this agreement are eligible for longevity bonuses as follows:
Longevity Bonus. 1. Upon completion of the following years of employment, Employer shall pay eligible employees hired on or before January 1, 1998 an annual longevity bonus, the amounts which follow, at the pay period which follows the anniversary date of employment: After 5 thru 9 years service 1.5% of annual salary on anniversary date. After 10 thru 14 years service 2.0% of annual salary on anniversary date. After 15 thru 19 years service 2.5% of annual salary on anniversary date. 20+ years service 3.0% of annual salary on anniversary date. Longevity bonus pay for employees hired after January 1, 1998, shall be earned as follows: After 5 thru 9 years service 1.0% of annual salary on anniversary date After 10 thru 14 years service 1.5% of annual salary on anniversary date After 15 thru 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date
Longevity Bonus. After completion of a minimum of twenty (20) years of employment in U.S.D. No. 108, and upon resigning their current teaching position, a teacher shall be eligible to receive payment for up to one-half of unused, accumulated sick leave days (if teacher is employed in either U.S.D. No. 221 or U.S.D. No. 222 during the 2005-2006 school year, the years accumulated in that district will count towards total for years of employment). Said teacher(s) will be reimbursed for up to one-half of any unused accumulated sick leave days at the substitute teacher pay rate. Payments for accumulated sick leave shall be paid to the teacher by June 30th of the year in which the teacher resigns. (Negotiated and agreed to in 2018)
Longevity Bonus. A. An annual longevity bonus will be paid to benefit eligible pharmacists who have reached 15 or more years of longevity credit based on the following criteria:
Longevity Bonus. After three years of employment, employees shall receive a retention bonus of three hundred dollars ($300) on the payday following their anniversary date. After 5 years of employment, employees shall receive a retention bonus of five hundred dollars ($500) on the payday following their anniversary date. After 10 years of employment, employees shall receive a retention bonus of seven hundred and fifty dollars ($750) on the payday following their anniversary date. After 20 years of employment, employees shall receive a retention bonus of one thousand dollars ($1,000) on the payday following their anniversary date.
