Common use of Retirement Provision Clause in Contracts

Retirement Provision. In recognition of dedicated service, a multi-purpose facility technician or maintenance worker who has worked for twenty (20) consecutive years in the Amesbury School System (or the City of Amesbury serving under the Retirement Act) or who has attained the age of 62 and has worked for ten (10) consecutive years in the Amesbury School System may obtain an increase in compensation in the final year of working by following these procedures. The hourly rate of pay to be used for these calculations shall be the substitute custodian hourly rate of pay, currently $10.00 per hour.

Appears in 3 contracts

Samples: Facilities and Maintenance Unit, schools.amesburyma.gov, Facilities and Maintenance Unit

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Retirement Provision. In recognition of dedicated service, a multi-purpose facility technician or maintenance worker who has worked for twenty (20) consecutive years in the Amesbury School System (or the City of Amesbury serving under the Retirement Act) or who has attained the age of 62 and has worked for ten (10) consecutive years in the Amesbury School System may obtain an increase in compensation in the final year of working by following these procedures. The hourly rate of pay to be used for these calculations shall be the substitute custodian hourly rate of pay, currently $10.00 per hour.

Appears in 1 contract

Samples: Memorandum of Agreement

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