Common use of Service Recognition Program Clause in Contracts

Service Recognition Program. 1. For FY 1999/2000, eligible employees who have reached at least the ten (10) year County service bench mark as outlined in Section 5 below, as of October 1, 1999, will receive 50% of the amount for each of the bench marks currently and previously reached. For example, an eighteen (18) year employee would receive 50% of the gross lump sum amounts for the ten (10) year bench mark and the fifteen (15) year bench mark. That is, the employee would receive half of $475 for ten (10) years and $775 for the fifteen (15) years totaling $625. The employee will receive this one time gross lump sum payment in the first full pay period in December 1999. 2. For FY 2000/2001, eligible employees who have reached a County service bench mark as outlined in Section 5 below, as of October 1, 2000, will receive 75% of the amount for only that bench mark reached that year. For example, a twenty (20) year employee would receive 75% of the gross lump sum amount for reaching the twenty (20) year bench mark. That is, the employee would receive 75% of $1,000 totaling $750. On the other hand, a nineteen (19) year employee would not be eligible for this increase, but may be eligible the following year for reaching the twenty (20) year County service bench mark. The employee will receive this one time gross lump sum payment in the first full pay period in December 2000. 3. For FY 2001/2002, eligible employees who have reached a County service bench mark as outlined in Section 5 below, as of October 1, 2001, will receive 100% of the amount for only that bench mark reached that year. The employee will receive this one time gross lump sum payment in the first full pay period in December 2001. 4. A County service bench mark is understood to mean an employee’s most recent date of continuous, full-time service or continuous pro-rated part-time service, including any period of temporary or limited-term employment. 5. Years of Service Amount 10 years $475 15 years $775 20 years $1,000 25 years $1,300 6. The Service Recognition Program will end on September 30, 2002, unless otherwise agreed upon by the parties.

Service Recognition Program. 1. For FY 1999/2000, eligible employees who have reached at least the ten (10) year County service bench mark ▇▇▇▇ as outlined in Section 5 below, as of October 1, 1999, will receive 50% of the amount for each of the bench marks currently and previously reached. For example, an eighteen (18) year employee would receive 50% of the gross lump sum amounts for the ten (10) year bench mark ▇▇▇▇ and the fifteen (15) year bench mark▇▇▇▇. That is, the employee would receive half of $475 for ten (10) years and $775 for the fifteen (15) years totaling $625. The employee will receive this one time gross lump sum payment in the first full pay period in December 1999. 2. For FY 2000/2001, eligible employees who have reached a County service bench mark ▇▇▇▇ as outlined in Section 5 below, as of October 1, 2000, will receive 75% of the amount for only that bench mark ▇▇▇▇ reached that year. For example, a twenty (20) year employee would receive 75% of the gross lump sum amount for reaching the twenty (20) year bench mark▇▇▇▇. That is, the employee would receive 75% of $1,000 totaling $750. On the other hand, a nineteen (19) year employee would not be eligible for this increase, but may be eligible the following year for reaching the twenty (20) year County service bench mark▇▇▇▇. The employee will receive this one time gross lump sum payment in the first full pay period in December 2000. 3. For FY 2001/2002, eligible employees who have reached a County service bench mark ▇▇▇▇ as outlined in Section 5 below, as of October 1, 2001, will receive 100% of the amount for only that bench mark ▇▇▇▇ reached that year. The employee will receive this one time gross lump sum payment in the first full pay period in December 2001. 4. A County service bench mark ▇▇▇▇ is understood to mean an employee’s most recent date of continuous, full-time service or continuous pro-rated part-time service, including any period of temporary or limited-term employment. 5. Years of Service Amount 10 years $475 15 years $775 20 years $1,000 25 years $1,300 6. The Service Recognition Program will end on September 30, 2002, unless otherwise agreed upon by the parties.