Common use of Longevity Clause in Contracts

Longevity. 22.01 All Employees shall receive longevity payments after the completion of the required length of continuous full-time service pursuant to the following schedule: Effective 7/1/12 After five (5) years $400.00 per year After ten (10) years $800.00 per year After fifteen (15) years $1,200.00 per year After twenty (20) years $1,600.00 per year After twenty-five (25) years $2,000.00 per year

Appears in 2 contracts

Samples: Labor Agreement, Labor Agreement

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Longevity. 22.01 All Employees hired prior to January 1, 2013 shall receive longevity payments after commencing upon the completion of the required length of continuous full-time service pursuant to the following schedule: Effective 7/1/12 After five (5) years $400.00 per year After ten of full-time continuous employment with the Employer. Such amount shall be increased every five (105) years $800.00 per year After fifteen (15) years $1,200.00 per year After twenty (20) years $1,600.00 per year After through twenty-five (25) years of employment pursuant to the following schedule: Length of Service Amount Five (5) years $ 500 Ten (10) years $ 800 Fifteen (15) years $2,000.00 per year1,200 Twenty (20) years $1,600 Twenty-five (25) years $1,750

Appears in 2 contracts

Samples: An Agreement, An Agreement

Longevity. 22.01 Section 1. All Employees shall receive longevity payments after the completion of the required length of continuous full-time service employees shall receive annual longevity payments for 2019, 2020, and 2021 pursuant to the following schedule: Effective 7/1/12 After five YEARS OF SERVICE AMOUNT Six (56) years $400.00 per year After ten to Ten (10) years $800.00 per year After fifteen 500.00 Eleven (11) to Fifteen (15) years $1,200.00 per year After twenty 750.00 Sixteen (16) to Twenty (20) years $1,600.00 per year After twenty1,000.00 Twenty-five one (21) to Twenty-Five (25) years $2,000.00 per year1,250.00 Twenty-six (26) years and thereafter 1,750.00

Appears in 2 contracts

Samples: serb.ohio.gov, serb.ohio.gov

Longevity. 22.01 All Employees full time employees hired prior to May 1, 1987, shall receive longevity payments additional compensation (payable bi-weekly), after the completion of completing the required length number of continuous full-time service pursuant years service. Said longevity shall apply according to the following schedulefollowing: Effective 7/1/12 After five Years of Service Completed 5 years (5beginning 6th year) Yearly Payment $1,000.00 10 years (beginning 11th year) $400.00 per year After ten 1,500.00 15 years (10beginning 16th year) $1,352.00 20 years (beginning 21st year) $800.00 per year After fifteen (15) years $1,200.00 per year After twenty (20) years $1,600.00 per year After twenty-five (25) years $2,000.00 per year1,664.00 This rate will continue for all present employees.

Appears in 1 contract

Samples: Agreement

Longevity. 22.01 All Employees shall receive longevity payments An employee, after the completion of the required length of continuous full-time service pursuant continuous employment, shall be entitled to longevity payments based in the following schedule: Effective 7/1/12 July 1, 2006: YEARS OF SERVICE AMOUNT 10 through 15 years $350.00 15 through 20 years $475.00 20 through 25 years $600.00 25 through 30 years $725.00 After five (5) 30 years $850.00 Effective July 1, 2007: YEARS OF SERVICE AMOUNT 10 through 15 years $400.00 per year After ten (10) 15 through 20 years $800.00 per year After fifteen (15) 525.00 20 through 25 years $1,200.00 per year After twenty (20) 650.00 25 through 30 years $1,600.00 per year 775.00 After twenty-five (25) 30 years $2,000.00 per year900.00 Payment shall be considered compensation for retirement purposes.

Appears in 1 contract

Samples: CTW CLC

Longevity. 22.01 All Employees Effective January 1, 2003 longevity pay shall receive longevity payments after the completion of the required length of continuous full-time service pursuant be applied to the following schedulestraight time base salary of all employees covered by this agreement that have completed continuous service as follows: 10-19 years of service 2%, 19+ years of service 4%. Effective 7/1/12 After and retroactive to January 1, 2017, monthly longevity pay shall be increased and applied to the straight time base salary of all employees covered by this agreement that have completed continuous service as follows: two percent (2.0%) at five (5) years $400.00 per year After ten (10) years $800.00 per year After fifteen (15) years $1,200.00 per year After twenty (20) years $1,600.00 per year After twenty-five (25) years $2,000.00 per yearto ten

Appears in 1 contract

Samples: Collective Bargaining Agreement

Longevity. 22.01 All Employees full time employees hired prior to May 1, 1987, shall receive longevity payments additional compensation (payable bi-weekly), after the completion of completing the required length number of continuous full-time service pursuant years service. Said longevity shall apply according to the following schedulefollowing: Effective 7/1/12 After five Years of Service Completed Yearly Payment 5 years (5beginning 6th year) $1,000.00 10 years (beginning 11th year) $400.00 per year After ten 1,500.00 15 years (10beginning 16th year) $1,352.00 20 years (beginning 21st year) $800.00 per year After fifteen (15) years $1,200.00 per year After twenty (20) years $1,600.00 per year After twenty-five (25) years $2,000.00 per year1,664.00 This rate will continue for all present employees.

Appears in 1 contract

Samples: Agreement

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Longevity. 22.01 All A. Employees shall receive be entitled to longevity payments after the completion increment for years of the required length of continuous full-time service pursuant service, according to the following schedule: Effective 7/1/12 After five (5) years $400.00 per year After ten (10) years $800.00 per year After fifteen (15) years $1,200.00 per year After twenty Twenty (20) years - $1,600.00 per year After twenty600 Twenty-five (25) years - $2,000.00 per year600 Thirty (30) years - $600 Thirty-five (35) years - $600

Appears in 1 contract

Samples: Agreement

Longevity. 22.01 All 9.0 Employees hired prior to July 1, 2010 shall receive longevity payments after in a lump sum the completion pay period following their anniversary date of the required employment in recognition of their length of continuous full-time service pursuant to on the following schedulebasis: Effective 7/1/12 After five (5) YEARS OF SERVICE AMOUNT ANNUALLY 10 to 15 years $400.00 per year After ten (10) 100 15 to 20 years $800.00 per year After fifteen (15) 200 20 or more years $1,200.00 per year After twenty (20) years $1,600.00 per year After twenty-five (25) years $2,000.00 per year400 Pro rata longevity payments shall be paid to an employee in the event his/her services with the Board are terminated.

Appears in 1 contract

Samples: Agreement

Longevity. 22.01 All Employees hired prior to January 1, 2013 shall receive longevity payments after 44 commencing upon the completion of the required length of continuous full-time service pursuant to the following schedule: Effective 7/1/12 After five (5) years $400.00 per year After ten of full-time continuous employment with the 1 Employer. Longevity shall be increased every five (105) years $800.00 per year After fifteen (15) years $1,200.00 per year After twenty (20) years $1,600.00 per year After through twenty-five (25) years of 2 employment pursuant to the following schedule: 3 4 Length of Service Amount 5 Five (5) years $ 500 6 Ten (10) years $ 800 7 Fifteen (15) years $2,000.00 per year1,200 8 Twenty (20) years $1,600 9 Twenty-five (25) years $1,750

Appears in 1 contract

Samples: An Agreement

Longevity. 22.01 All Employees When an employee has the following years of service, since the most recent date of hire, he/she shall receive longevity payments after the completion of the required length of continuous full-time service pursuant to the following schedule: Effective 7/1/12 After five (5) pay, as below. 5 years 10 years 15 years 20 years 25 years 30 years 35 years $400.00 0.13 per year After ten (10) years hour $800.00 0.20 per year After fifteen (15) years hour $1,200.00 0.27 per year After twenty (20) years hour $1,600.00 0.34 per year After twenty-five (25) years hour $2,000.00 0.42 per yearhour $0.49 per hour $0.56 per hour ARTICLE SIXTEEN VACATIONS

Appears in 1 contract

Samples: Creston Community

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