Recognition of Service Pay. (a) In addition to salary as set out in Appendix A, the Corporation shall pay Recognition of Service Pay effective October 1, 2004 based on service with the City. Effective October 1, 2005 the Recognition of Service Pay is 3% after 8 years of service, 6% after 17 years of service and 9% after 23 years of service, as set out in Appendix D. (2009) (b) This service premium shall be included as salary in calculating overtime, vacation, and statutory holiday pay, pension contributions, sick leave pay etc., but shall not be included in calculating salary for purposes of payment of sick leave credits pursuant to Article 9.07. (c) Differentials shall be adjusted accordingly across all ranks within the bargaining unit. (2003)
Appears in 1 contract
Sources: Collective Bargaining Agreement
Recognition of Service Pay. (a) In addition to salary as set out in Appendix A, the Corporation shall pay Recognition of Service Pay effective October 1, 2004 based on service with the CityTown. Effective October 1, 2005 the Recognition of Service Pay is 3% after 8 years of service, 6% after 17 years of service and 9% after 23 years of service, as set out in Appendix D. (2009)
(b) This service premium shall be included as salary in calculating overtime, vacation, and statutory holiday pay, pension contributions, sick leave pay etc., but shall not be included in calculating salary for purposes of payment of sick leave credits pursuant to Article 9.07.
(c) Differentials shall be adjusted accordingly across all ranks within the bargaining unit. (2003)
Appears in 1 contract
Sources: Collective Bargaining Agreement