(A) As an incentive for continued service with the City Police Department, each sworn police officer shall receive, in addition to his or her regular pay, beginning on the officer’s anniversary date at the start of the officer’s second year with the City Police Department, an amount equal to 0.5% of the base salary of a first class patrol officer.
(B) On the anniversary date at the beginning of each successive year of the officer’s employment, the longevity pay shall increase at 0.5% of the base salary of a first class patrol officer and such successive increases in longevity pay shall be cumulative in nature with the previous increases.
(C) Funding for longevity pay shall be provided by the fees generated and deposited in the non-reverting fund created by Ord. 81-1984.
(D) This shall be effective January 1, 1985, and shall continue until revoked, amended or modified by the Common Council pursuant to the negotiation of a new agreement between the city and any bargaining unit for officers of the City Police Department.
(Prior Code, § 31.50) (Ord. 80-1984, passed - -)