Longevity Incentive. 1. Athletic Director and Coaches are eligible to receive longevity pay as outlined below. Longevity pay will only accrue with experience gained in the Manhattan School District. Longevity will only be earned with experience gained in the same activity.
Longevity Incentive. Individuals may access either this section or section 307.1, but cannot access both at the same time. A staff member who has worked at least ten (10) years in District 21 and who retires from District 21 and who notifies the Illinois Municipal Retirement Fund (IMRF) of his/her retirement shall receive a salary bonus of $275 for each year worked in District 21. The maximum benefit a staff member may receive under this section will be for 35 years of working in District 21. This bonus shall be paid as part of the staff member's last regular paycheck from the District. The District shall report this salary bonus to the IMRF as part of the staff member’s final year salary. Salary before retirement bonus calculations will be consistent with salary experience steps. Fractional years of employment shall be accumulated as such. ARTICLE 400 EMPLOYMENT CONDITIONS FOR CUSTODIAL-MAINTENANCE PERSONNEL
Longevity Incentive. 3.3.1 To encourage and reward employee longevity, the City will provide the following longevity incentives upon employee permanent status anniversary date: • Completion of five (5) years of service to the City of Xxxxx: three percent (3%) of Base Salary. • Completion of ten (10) years of service to the City of Xxxxx: three percent (3%) of Base Salary. • Completion of fifteen (15) years of service to the City of Xxxxx: four percent (4%) of Base Salary.
Longevity Incentive. Upon ratification in May, 2002, the District shall provide a Longevity Incentive payment of $325 to each unit member.
Longevity Incentive. The Board shall contribute funds into a post-retirement Health Retirement Account pursuant to Appendix A.
Longevity Incentive. The District will provide a Longevity Incentive program as follows: 6th through 10th year: $25.00 monthly 11th through 15th year: $50.00 monthly 16th through 20th year: $75.00 monthly 21st and thereafter: $100.00 monthly
Longevity Incentive. Effective January 1, 2017, eligible officers will receive longevity incentive for years of service with the City as follows: Years of Service Longevity - % of Monthly Base Salary 10 4% 15 6% 20 8% 25 10% 30 12%
Longevity Incentive. Individuals may access either this section or section 406.1, but cannot access both at the same time. A staff member who has worked at least ten (10) years in District 21 and who retires from District 21 and who notifies the Illinois Municipal Retirement Fund of his/her retirement shall receive a salary bonus of $275 for each year worked in District 21. The maximum benefit a staff member may receive under this section will be for 35 years of working in District 21. This bonus shall be paid as part of the staff member's last regular paycheck from the District. The District shall report this salary bonus to the Illinois Municipal Retirement Fund as part of the staff member’s final year salary. Salary before retirement bonus calculations will be consistent with salary experience steps. Fractional years of employment shall be accumulated as such. END OF AGREEMENT DEA COLLECTIVE BARGAINING LETTER OF AGREEMENT FOR HEALTH, DENTAL & LIFE INSURANCE BACKGROUND On May 17, 2018, the Board of Education ratified the collective bargaining agreement with the DEA. The new agreement is effective August 1, 2018 through July 31, 2022. After ratification of the new agreement, Hub International, employee benefit broker/consultant, notified the District that an increase in the deductible for the Consumer Driven Health Plan (CDHP) with Health Savings Account (HSA) would need to be made in order to be compliant with IRS regulations.
Longevity Incentive. The School District shall make an annual payment to a tax shelter for the Assistant Superintendent under the following schedule so long as the Assistant Superintendent remains employed as of the date of the contribution. The Assistant Superintendent shall be eligible for a $5,000.00 contribution on July 1, 2022; the Assistant Superintendent shall be eligible for a $5,000.00 contribution on July 1, 2023; the Assistant Superintendent shall be eligible for a $10,000 contribution on July 1, 2024; the Assistant Superintendent shall be eligible for a $10,000 contribution on July 1, 2025 and the Assistant Superintendent shall be eligible for a $20,000 contribution on June 30, 2026. For purposes of this Agreement, the longevity incentive shall not be considered part of the Assistant Superintendent’s annual salary.
Longevity Incentive. The City of Naples desires to recognize those employees that have made a career with the City and will implement the longevity incentive pay as soon as is administratively possible following the passage of this agreement. This incentive pay will not be retroactive and will be paid in accordance with the bi-weekly payroll as listed below. 10 through 14 years of service $19.23 per pay period 15 through 20 years of service $38.46 per pay period 20 through 24 years of service $57.69 per pay period 25+ years of service: $76.92 per pay period
