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3.29 Longevity Pay

Effective the first day of the pay period following ratification by both parties, all BU 9 employees who meet the service criteria listed below will be eligible for a longevity pay differential based on the following schedule:

  1. Effective the first day of the pay period following ratification by both parties, all BU 9 employees with 17 years of state service will be eligible to receive two (2) percent of base salary. This amount shall be subject to retirement contributions.
  2. Effective the first day of the pay period following ratification by both parties, all BU 9 employees with 18 years of state service will be eligible to receive three (3) percent of base salary. This amount shall be subject to retirement contributions.
  3. Effective the first day of the pay period following ratification by both parties, all BU 9 employees with 19 years of state service will be eligible to receive four (4) percent of base salary. This amount shall be subject to retirement contributions.
  4. Effective the first day of the pay period following ratification by both parties, all BU 9 employees with 20 or more years of state service will be eligible to receive five and one half (5.5) percent of base salary. This amount shall be subject to retirement contributions.
  5. The above percentages are non-cumulative; i.e. an employee who has 19 years of state service is only eligible for four (4) percent, not the cumulative total of 17, 18 and 19 years.