Annual Longevity Pay definition

Annual Longevity Pay. An annual longevity pay shall be paid to all bargaining unit members the first (1st) pay period of every December with the following seniority: Twenty-five (25) or more Years $600.00 Twenty (20) Years to Twenty-five (25) $500.00 Fifteen (15) to Nineteen (19) Years $400.00 Ten (10) to Fourteen (14) Years $300.00 A. Twelve (12) month custodial employees shall be granted the following vacation periods: One (1) week vacation after one (1) year Two (2) weeks vacation after three (3) years Three (3) weeks vacation after six (6) years Four (4) weeks vacation after fifteen (15) years B. A newly hired employee shall receive prorated vacation allowance during his/her first (1st) day of July following his/her date of hire. Every year thereafter, he/she shall earn his/her vacation time from July 1 until June 30 of each year. Employees hired between July 1 and December 30 may count their first (1st) school year when earning additional weeks of vacation. Employees hired between January 1 and June 3o may not count their first (1st) school year when qualifying for additional weeks of vacation. C. Employees may be allowed to take up to one-half (1/2) of the vacation time during the regular school year. All requests for time off must be made three (3) days in advance in writing. All requests for time off must be approved by the Superintendent or designee. In case of emergency, this could be waived. D. The normal vacation time will be from June 15 to August 15. Vacations at any other time must be cleared by the Assistant Superintendent. E. Any employee released for cause or who leaves without giving one (1)week notice shall not be eligible for vacation days, and all fringe benefits will cease as of the date notice is given. When custodians are again part of the Westwood Heights Community School District they shall be part of the bargaining unit; the above benefits, salary, longevity and vacation pay shall be used as a guideline. Benefits, salary, longevity, and vacation pay shall be negotiated between the Employer and the Union.
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Annual Longevity Pay. An annual longevity pay shall be paid to all bargaining unit members the first (1st) pay period of every December with the following seniority:
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Examples of Annual Longevity Pay in a sentence

  • Years of Continuous Annual Longevity Pay % of First 6 through 9 years 2% 10 through 13 years 3% 14 through 17 years 4% 18 through 21 years 5% 22 through 25 years 6% 26 or more years 8% Three-quarter time Employees: % of first $7,125 of annual wage.

  • Years of Continuous Annual Longevity Pay % of First 6 through 9 years 2% 10 through 13 years 3% 14 through 17 years 4% 18 through 21 years 5% 22 through 25 years 6% 26 or more years 8% Three-quarter time employees: % of first $7,125 of annual wage.

  • Employees with continuous service in a position covered by this Agreement shall receive annual longevity pay in accordance with the following schedule: Years of Continuous Service Amount of Annual Longevity Pay 10 years but less than 15 years $1,150 15 years but less than 20 years $1,550 20 years or more $1,950 Longevity pay shall be considered part of the employee’s base salary for the purpose of computing the employee’s hourly rate of pay and for overtime purposes.

  • Years of Continuous Annual Longevity Pay % of First 6 through 9 years 2% 10 through 13 years 3% 14 through 17 years 4% 18 through 21 years 5% 22 through 25 years 6% 26 or more years 8% Three‐quarter time Employees: % of first $7,125 of annual wage.

  • Level 1 .25 Level 2 .35 Level 3 .45 Years of Service Annual Longevity Pay 11-15 Years $800.00 16-20 Years $950.00 21-25 Years $1,100.00 26+ Years $1,200.00 Longevity payments shall be included in the first or second paycheck in June.

  • Years of Continuous Annual Longevity Pay % of First Service $9,500 of Annual Wage 6 through 9 years 2% 10 through 13 years 3% 14 through 17 years 4% 18 through 21 years 5% 22 through 25 years 6% 26 or more years 8% Three-quarter time employees: % of first $7,125 of annual wage.

  • Annual .Longevity Pay"* 2019/2020 2020/2021 2021/2022 2022/2023 $171,870 $14,854 See below If the Michigan Public School Employees Retirement System or Office of Retirement Services disallows any salary or compensation amounts for inclusion in the final average compensation, the Board shall provide an attorney for appeals of the determination.

  • Years of Continuous Service Annual Longevity Pay % of First $9,500 of Annual Wage 6 through 9 years 2% 10 through 13 years 3% 14 through 17 years 4% 18 through 21 years 5% 22 through 25 years 6% 26 or more years 8% -225 Three-quarter (3/4) time Employees: Percentage of first $7,125 of annual wage.

  • Y ears of Service Annual Longevity Pay Experience payment of $150 annually will be paid to drivers with 6-10 years experience prior to longevity beginning in June 2007.

  • Longevity pay shall be based on the following schedule: Continuous Service: Annual Longevity Pay: 6 or more and less than 10 years 2% of annual wage 10 or more and less than 14 years 3% of annual wage 14 or more and less than 18 years 4% of annual wage 18 or more and less than 22 years 5% of annual wage 22 or more and less than 26 years 6% of annual wage 26 or more years 8% of annual wage.

Related to Annual Longevity Pay

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Requisition Compensation includes all compensation or other moneys payable by reason of any act or event such as is referred to in paragraph (b) of the definition of “Total Loss”;

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.