Effective January 1, 2008, eligible Village employees shall receive longevity pay. Longevity payments shall be made to all eligible employees in the employment of the Village as of January 1 of each year, with said longevity payments being made to the eligible employees by no later than January 31 of that year in lump sum. Eligibility for longevity payments shall be based on a schedule passed by Council with the Village's annual employee compensation ordinance based on the following years of service:
Years of Service | Longevity Pay |
Five to nine years | Per compensation ordinance |
Ten to fourteen years | Per compensation ordinance |
Fifteen to nineteen years | Per compensation ordinance |
Twenty or more years | Per compensation ordinance |
The longevity pay amount based on years of service shall be reviewed annually as part of the Village's employee pay compensation ordinance and will be established as part of said compensation ordinance. The Village reserves the right to extend service credit to new employees for time served with another public employer. Any employee who receives service credit shall be eligible to receive longevity pay in the first January following employee's completion of one (1) full year of service. (Ord. 2021-27. Passed 12-6-21.)