Common use of Longevity rate Clause in Contracts

Longevity rate. A longevity rate exists at 3% above the maximum of the range. Employees will be eligible for movement to the longevity rate after serving five (5) consecutive full years in the same classification at the range maximum.

Longevity rate. A longevity rate exists at three percent (3% %) above the maximum of the range. Employees Until March 13, 2023, employees will be eligible for movement to the longevity rate after serving five (5) consecutive full years in the same classification at the range maximum. Beginning March 13, 2023, employees will be eligible for movement to the longevity rate after serving five (5) full years (including non- consecutive time) in the same classification at the range maximum.

Longevity rate. A longevity rate exists at three percent (3% %) above the maximum of the range. Employees will be eligible for movement to the longevity rate after serving five (5) consecutive full years in the same classification at the range maximum. The longevity rate shall be applied every five (5) years.