Examples of Service Percentage in a sentence
The District shall contribute to the Trust an amount equal to a percentage of the base biweekly salary of eligible employees as follows: Years of Completed County Service Percentage Less than one year 0% One but less than ten years 1.0% Ten but less than sixteen years 1.75% Sixteen or more years 2.75% Contributions to the Trust shall not be considered earnable compensation.
Length of Service Percentage of Top Schedule Rate Less than 1 year 70% More than 1 year 71% More than 2 years 72% More than 3 years 73% More than 4 years 74% More than 5 years 75% More than 6 years 80% More than 7 years 90% More than 8 years 100% When an employee in Table 2, who is not at the 8 year progression rate, is sent on a temporary transfer to a location in Table 4, the employee will be paid, via pay claim, a temporary transfer payment of $10 per day.
Effective upon ratification, the following conversion rates will apply: Years of Service Percentage of Sick Hours Converted 20 65% 21 75% 22 85% 23 90% 24 95% 25 or more 100% The employee’s sick leave conversion account shall be assigned a present value as of the date of retirement equal to the number of hours of accumulated sick leave multiplied by the employee's base hourly rate multiplied by the conversion rate, at the time of retirement.
Years of Service Percentage of Annual Salary 5 - 9 2% 10 - 14 4% 15 - 19 6% 20 - 24 8% 25+ 10% Employees who satisfy the requirements of the above schedule shall be paid a single lump sum payment the first full pay period following their date of full time hire.
Years of Service Percentage 0‑12 3.5% 13‑20 4.5% 21‑25 5.0% 26‑30 5.5% 31+ 6.2% Employees will move to the next service grade on their an‑ niversary date.