City Residency Incentive Sample Clauses

City Residency Incentive. A bonus of $1,000 will be provided to employees who reside within City of Dover limits. "Residence," "reside" and "residing" refers to a place of bona fide continuous habitation. Owning or renting property for which the employee does not maintain a residency within does not qualify for the incentive. Residency will be documented each year. This bonus is to be paid annually on or about September 1st to officers on record on June 1 and at the time of payment. Residency certification will be validated with the submission of the following documents. Supporting documentation must reflect the employee's name as the account holder.
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City Residency Incentive. A bonus of $1,000 will be provided to employees who reside within City of Dover limits. "Residence," "reside" and "residing" refers to a place of bona fide continuous habitation. Owning or renting property for which the employee does not maintain a residency within does not qualify for the incentive. Residency will be documented each year. This bonus is to be paid annually on or about September 1st to officers on record on June 1 and at the time of payment. In addition, the employees continue to maintain bona fide continuous habitation at the time of payment. Residency certification will be validated with the submission of the following documents. Supporting documentation must reflect the employee's name as the account holder. Property Tax records Homeowner or tenant records (mortgage, if applicable, or lease agreement, if applicable) City of Dover utility bill demonstrating customary usage or consumption to demonstrate bona fide continuous habitation Internet, cable, satellite, or phone/mobile records. The incentive here-in provided shall not be considered in the overtime rate or as affecting any other fringe benefit program presently in force.
City Residency Incentive 

Related to City Residency Incentive

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  • Educational Incentive Pay Effective January 1, 2022, the current Education Incentive Differential (EID) rates from the pre-existing salary schedules shall be eliminated and, in their place, the following Educational Incentive Pay program will be applied. The salary schedules contained in Addendum B reflect the new Educational Incentive pay allowances. Upon successful completion of field training and promotion to the rank of Police Officer, an officer who has received or obtains one of the degrees set forth below from an accredited college or university shall receive an annual incentive allowance added to their hourly rate, as follows: • $1,500 for associate’s degree ($0.723/hour) • $3,000 for bachelor’s degree ($1.446/hour) • $4,500 for master’s degree and above ($2.169/hour) Educational incentives are not cumulative, but rather the employee will be entitled to the highest incentive based on the degree(s) obtained. In the event an employee obtains a new or higher degree during employment, the employee will submit to the Department proof of degree attainment. Upon verification and approval by the Department, within thirty (30) days of submission, the employee’s pay will be adjusted effective on the first day of the pay period following the date of submission by the employee. Any current employee with an EID classification will be adjusted to the non-EID rate, but will receive the annual incentive allowance as part of their hourly rate, spread over twenty-six (26) pay periods. The hourly rate will be calculated by dividing the annual educational incentive by 2,074 hours. Educational incentive pay will be included in the regular rate for overtime purposes. In addition, it will be counted as part of the employee’s annual salary for pension purposes, consistent with the prevailing Fire & Police Employees Retirement System regulations, and reflected on the salary schedules.

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