Common use of Longevity Increment Clause in Contracts

Longevity Increment. In addition to the rate of compensation for each position, a longevity payment will apply to all Supervisors after completion of consecutive years of satisfactory service, paid on the anniversary date, according to the following schedule: 5 years through 9 years $1,000 10 years through 14 years $2,000 15 years through 19 years $3,000 20 years and 24 years $4,000 25 years to 29 years $5,000 30 years or more $6,000 **Longevity payments to Supervisor ▇. ▇▇▇▇▇▇▇▇▇ will not be subject to standard payroll deductions. Such deductions will be paid by the authority.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

Longevity Increment. In addition to the rate of compensation for each position, a longevity payment will apply to all Supervisors permanent employees after completion of consecutive years of satisfactory service, paid on the anniversary date, according to the following schedule: 5 years through 9 years $$ 1,000 10 years through 14 years $$ 2,000 15 years through 19 years $$ 3,000 20 years and through 24 years $$ 4,000 25 years to through 29 years $$ 5,000 30 years or more $6,000 **Longevity payments to Supervisor ▇. ▇▇▇▇▇▇▇▇▇ will not be subject to standard payroll deductions. Such deductions will be paid by the authority.through 34 years $ 6,000

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement

Longevity Increment. In addition to the rate of compensation for each position, a longevity payment will apply to all Supervisors permanent employees after completion of consecutive years of satisfactory service, paid on the anniversary date, according to the following schedule: Service Time Completed Yearly Longevity Payment* 5 years through 9 years $1,000 $ 1,000.00 10 years through 14 years $2,000 $ 2,000.00 15 years through 19 years $3,000 $ 3,000.00 20 years and 24 years $4,000 $ 4,000.00 25 years to 29 years $5,000 $ 5,000.00 30 years or more $6,000 **Longevity payments to Supervisor ▇. ▇▇▇▇▇▇▇▇▇ will not be subject to standard payroll deductions. Such deductions will be paid by 34 years $ 6,000.00 * Paid on the authorityanniversary of employee=s starting date each year after five consecutive Years of employment.

Appears in 1 contract

Sources: Collective Bargaining Agreement