Longevity Increases. (a) In addition to base salary, each full-time employee hired prior to January 1, 2014 shall receive longevity compensation computed at the rate of: 1% of base salary for each two completed years of service up to 24 years, plus ½% for the 25 years of service, for a maximum longevity increase of 12 ½%. (b) The cumulative longevity increase percentages shall be applied to each full-time employee’s base rates of pay, exclusive of any prior longevity increase, and after giving effect to such rate of pay increase. (1.) Effective each date there is an increase in the employee’s base rate of pay, and after giving effect to such rate of pay increase; and (2.) Effective on each such anniversary of the employee’s employment that raises the cumulative longevity increase percentages. (c) Library employees hired on or after January 1, 2014 are not entitled to any longevity compensation.
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Sources: Collective Bargaining Agreement, Collective Bargaining Agreement