Completed Years of Service Sample Clauses
The 'Completed Years of Service' clause defines how an individual's total period of employment is calculated, typically by counting each full year worked with an organization. In practice, this clause is used to determine eligibility for certain benefits, such as severance pay, retirement plans, or long-service awards, by referencing the number of full years an employee has been continuously employed. Its core function is to provide a clear and objective standard for measuring service duration, ensuring fairness and consistency in the application of employment-related entitlements.
Completed Years of Service. With the City of Dublin Amount Four (4) through six (6) years $950.00 Seven (7) through ten (10) years $1150.00 Eleven (11) through fourteen (14) years $1450.00 Fifteen (15) through nineteen (19) years $1700.00 Twenty (20) or more years $1900.00 Longevity pay shall appear in the paychecks in which the employee's anniversary date of appointment falls. The employee will be paid in one (1) lump sum in the form of a regular paycheck for that given pay period which will be taxed at the employee’s W-4 rate. Should an employee be on Leave Without Pay for more than six (6) months within a particular year during which the employee would have normally been entitled for longevity pay, the employee shall forfeit his/her entitlement to such pay.
Completed Years of Service. Eighteen (18) to Twenty-four
Completed Years of Service. Vacation With Pay
Completed Years of Service. One (1) to Two (2) Years of Service.
Completed Years of Service. Pay Percentage Increases
Completed Years of Service days per month (four (4) weeks annually) when an Employee has completed three (3) years of service.