(A) Permanent, full-time employees of the Village of Indian Hill, with at least five years of continuous service to the Village of Indian Hill, shall receive an annual longevity payment in addition to their regular compensation in accordance with the following schedule:
Years of Service | Payment |
5 thru 9 years | $900.00 |
10 thru 14 years | $1,000.00 |
15 thru 19 years | $1,100.00 |
20 thru 24 years | $1,200.00 |
25 or more years | $1,350.00 |
(B) Permanent, part-time employees who were hired prior to January 1, 2003, shall receive an annual longevity payment in an amount proportional to the above schedule and the actual number of hours worked by that employee.
(C) The longevity payment will be made annually during the first week in December to those qualified employees of record, who have or will have completed the specified number of years of service on or before December 31 of that year.
(D) In case of death, retirement or resignation, longevity pay will be pro-rated based on the number of completed months actually worked during the calendar year and paid as part of the terminal benefit lump sum.
(Ord. 15-19, passed 12-16-19)