|
Longevity
return to Benefits
Definition - Longevity is an extra pay increment
awarded to Operating Staff to recognize length of service to the University System. Longevity
payments are not treated as benefits eligible, but are taken into account when computing the
regular rate for overtime purposes to conform with FLSA regulations. (See Overtime Rate Calculations
)
Increments - Longevity increments for Operating
Staff are as follows:
On completion of 10 years service
-- 2%
On completion of 15 years service
-- 4%
On completion of 20 years service
-- 6%
On completion of 25 years service
-- 8%
On completion of 30 years service
-- 10%
Determination of Length of Service - For purposes
of longevity only, a year of service will be equal to a calendar year of
employment, i.e., 12 consecutive months from date of hire equals one calendar
year. If an employee held a flex-year appointment of 50% for 10 years,
the total years of service for longevity purposes would be 10 years.
Calculation of Longevity Increment - The longevity
increment, awarded each pay period, is calculated by multiplying the base
pay for that pay period by the longevity percentage. Longevity is not included
in vacation or earned time payout on termination.
Beginning Accrual - Length of employment will
start from the first day of status employment of at least 50% time.
Effective Date - Longevity increments shall
be effective on the staff member's anniversary date of employment.
Effects of Leaves of Absences - Staff members
will not have their longevity affected by absences due to illness, accident
or leaves of absence. Exceptions to this is when an accident is incurred
at a staff member's secondary employment outside the University System.
|