§ 260.10 LONGEVITY PAY.
   All full-time employees of the city shall be entitled to compensation for longevity, to be paid in equal installments coinciding with the employee’s normal pay. Such compensation shall be determined as follows.
   (a)   Eligibility. Employees hired prior to January 1, 1989, shall be entitled to longevity pay which shall be calculated as an additional 0.5% of the base salary for each full year of service. Employees hired on or after January 1, 1989, shall be entitled to longevity pay which shall be calculated as an additional 0.25% of the base salary for each full year of service. For employees hired after December 31, 1986, the payment of longevity shall begin on January 1 following five full years of service.
   (b)   Years of service. Full years of service shall be calculated on the employee’s anniversary date of hire year and the compensation shall be adjusted to reflect any increased amount on the first pay following January 1, 1998, using the salary in effect at that time, and each subsequent January 1. An employee shall be credited for time served during his or her probationary period for purposes of calculating longevity pay. With the exception of allowed absences, including vacation, holidays, sick leave, disciplinary suspension and authorized leaves of absence, any other absences shall be deemed a termination of an employee’s eligibility for the purposes of determining his or her eligibility for longevity.
   (c)   Maximum allowable compensation. For employees hired prior to January 1, 1989, the maximum longevity pay shall be 10%. For employees hired on or after January 1, 1989, the maximum longevity pay shall be 5%.
(Ord. 1998-25, passed 5-18-1998)