Longevity pay definition

Longevity pay means increments of compensation payable at annual or semiannual intervals and based on years of service to the county, exclusive of compensation provided for a given class of positions.

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Longevity pay means a payment in addition to the basic monthly rate of pay that is:

Longevity pay means payment above the salary range maximum to employees with specified years of service or seniority.

Examples of Longevity pay in a sentence

• Longevity pay shall be payable on June 20 and December 20 of each year.

• Longevity pay shall be effective beginning with the first full pay period following completion of the specified years of service.

• Longevity pay shall become effective on the hiring anniversary date of employees.

• Longevity pay shall begin to accrue after the Employee has completed five (5) years of service.

• Longevity pay is additional pay as a reward for length of service.

• Longevity pay shall begin after the Employee has completed three (3) years of service, at the rate of twenty-eight dollars and eighty cents ($28.80) per month, and shall increase by nine dollars and sixty cents ($9.60) per month each year thereafter through the completion of twenty (20) years of service.

• Longevity pay shall be paid on separate payroll once a year in January for the year beginning the previous January 1 and ending the previous December 31.

• Longevity pay shall be included in the regular payroll check for that pay period and subject to all required withholding deductions.

• Longevity pay shall begin after the Employee has completed three (3) years of service at the rate of Twenty-Eight Dollars and Eighty Cents ($28.80) per month, and shall increase by Nine Dollars and Sixty Cents ($9.60) per month each year thereafter to One Hundred Ninety Two Dollars ($192.00) per month through the completion of twenty (20) years of service.

• Longevity pay shall be computed as a percentage of the employee's hourly rate.

More Definitions of Longevity pay

Longevity pay means pay in addition to

Longevity pay means pay in addition to the salary of a member granted under Section 141.032, Local Government Code, for each year of active service completed by a member in either department.

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Longevity pay means a payment based on length of continuous service paid periodically to regular employees in addition to the regular employee's regular salary, adjusted at specified intervals, and calculated as a sum equivalent to .0068091 times the biweekly base pay of a GE04H position at Step F in the non-union general employee pay chart times the employee's total number of years of continuous service not to exceed twenty-one (21) years.

Longevity pay means the Member’s additional compensation based upon completed years of service as set forth in Schedule “B."

Longevity pay. Employees with 10 years of service receive a salary increase of 2.5%. Employees with 15 years of service receive an additional salary increase of 2.5%.