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:
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Longevity pay means payment above the salary range maximum to employees with specified years of service or seniority.
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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
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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.
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Longevity pay means the Member’s additional compensation based upon completed years of service as set forth in Schedule “B."
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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%.
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Related to Longevity pay

  • Long-term inpatient care means inpatient services for

  • Premium pay Per the statute, recipients have broad latitude to designate critical infrastructure sectors and make grants to third-party employers for the purpose of providing premium pay or otherwise respond to essential workers. While the interim final rule generally preserves the flexibility in the statute, it does add a requirement that recipients give written justification in the case that premium pay would increase a worker’s annual pay above a certain threshold. To set this threshold, Treasury analyzed data from the Bureau of Labor Statistics to determine a level that would not require further justification for premium pay to the vast majority of essential workers, while requiring higher scrutiny for provision of premium pay to higher- earners who, even without premium pay, would likely have greater personal financial resources to cope with the effects of the pandemic. Treasury believes the threshold in the interim final rule strikes the appropriate balance between preserving flexibility and helping encourage use of these resources to help those in greatest need. The interim final rule also requires that eligible workers have regular in-person interactions or regular physical handling of items that were also handled by others. This requirement will also help encourage use of financial resources for those who have endured the heightened risk of performing essential work.

  • 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.

  • Distance education means education imparted by combination of any two or more means of communication, viz. broadcasting, telecasting, correspondence courses, seminars, contact programmes and any other such methodology;

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.