Common use of Continuous Service Pay Clause in Contracts

Continuous Service Pay. For purposes of this section only, continuous paid experience with the City of Hayward that is contiguous to an employee’s most recent hire date by the City of Hayward shall be considered for the purpose of calculating continuous service and eligibility for continuous service pay. An employee with twenty-five (25) or more years of continuous service with the City of Hayward shall receive continuous service pay of two and a half percent (2.5%) above their base salary. An employee with thirty (30) or more years of continuous service with the City of Hayward shall receive additional continuous service pay of five percent (5%) for a total of seven- and one-half percent (7.5%) above their base salary. In no case shall an employee receive more than a total of seven- and one-half percent (7.5%) above their base salary on account of continuous service pay. This benefit shall be implemented effective the first full pay period following Council adoption for all then-current bargaining unit employees who meet the above years of service thresholds. Going forward, continuous service pay shall be implemented the first full pay period following the employee’s anniversary date that triggers eligibility for such pay. Continuous service pay shall be payable on employees’ regular paychecks. This Continuous Service Pay shall be reported to CalPERS as Longevity Pay Incentive Pay. The Parties acknowledge that ▇▇▇▇▇▇▇ makes all final determinations as to the pensionability of any differential pay.

Continuous Service Pay. For purposes of this section only, continuous paid experience with the City of Hayward that is contiguous to an employee’s most recent hire date by the City of Hayward shall be considered for the purpose of calculating continuous service and eligibility for continuous service pay. An employee with twenty-five (25) or more years of continuous service with the City of Hayward shall receive continuous service pay of two and a half percent (2.5%) above their base salary. An employee with thirty (30) or more years of continuous service with the City of Hayward shall receive additional continuous service pay of five percent (5%) for a total of seven- and one-half percent (7.5%) above their base salary. In no case shall an employee receive more than a total of seven- and one-half percent (7.5%) above their base salary on account of continuous service pay. This benefit shall be implemented effective the first full pay period following Council adoption for all then-current bargaining unit employees who meet the above years of service thresholds. Going forward, continuous service pay shall be implemented the first full pay period following the employee’s anniversary date that triggers eligibility for such pay. Continuous service pay shall be payable on employees’ regular paychecks. This Continuous Service Pay shall be reported to CalPERS as Longevity Pay Incentive Pay. The Parties acknowledge that ▇▇▇▇▇▇▇ makes all final determinations as to the pensionability of any differential pay.