(a) All full-time employees shall received longevity pay with the first pay period in December computed on their base salary as follows:
(1) After ten years service: two percent (2%);
(2) Each year thereafter: an additional one-fourth percent (1/4%);
(3) Maximum longevity pay after thirty years of service shall not exceed seven percent (7%);
(4) Each employee who, in 1983, was entitled to receive a longevity payment based on a percentage greater than that provided herein, shall continue to receive a longevity payment based on such larger percentage.
(b) Longevity pay shall be computed on years of service as of each December 1. Those employees receiving longevity pay must have full years as of December 1 of any given year. Longevity shall be computed on years of service with the City and/or Oregon Township.
(c) Any employee receiving longevity pay who terminated his employment with the City for any reason shall be paid longevity computed on a pro rata basis of his base salary for the number of months worked that year.
(Ord. 11-1985. Passed 1-28-85.)
(Ord. 11-1985. Passed 1-28-85.)