Common use of Longevity Payments Clause in Contracts

Longevity Payments. Each July 1, the District will determine the eligibility of employees for longevity payments under this Section, to be paid in one lump sum payment during the following June. Amounts paid shall be as follows: Completed years of service as of July 1 Amount to be paid the following June 20-24 $300.00 25-29 $400.00 30 or more $500.00 The longevity set forth in this Section shall only be paid in the case where the employee has worked the full work year.

Appears in 3 contracts

Samples: Agreement, Agreement, go.boarddocs.com

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Longevity Payments. Each July 1, the District will determine the eligibility of employees for longevity payments under this Section, to be paid in one lump sum payment during the following June. Amounts paid shall be as follows: Completed years of service as of July 1 Amount to be paid the following June 20-24 $300.00 25-29 $400.00 30 or more $500.00 The longevity set forth Only years in this Section shall only be paid in the case where which the employee has worked the full work year, in and for the School District of the City of Erie shall be counted.

Appears in 2 contracts

Samples: Agreement, Master Contract

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Longevity Payments. Each July 1, the District will determine the eligibility of employees for longevity payments under this Section, to be paid in one lump sum payment during the following June. Amounts paid shall be as follows: Completed years of service as of July 1 Amount to be paid the following June 20-20 - 24 $300.00 25-25 - 29 $400.00 30 or more $500.00 The longevity set forth in this Section shall only be paid in the case where the employee has worked the full work year.

Appears in 1 contract

Samples: Agreement

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