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12 years <br />$2,025 <br />16 years <br />$2,100 <br />20 years <br />$2,125 <br />24 years <br />$2,300 <br />28 years <br />$3,000 <br />32 years <br />$3,000 <br />Regular part-time employees are eligible to receive a Longevity Bonus once each time <br />they qualify by reaching a milestone anniversary date in accordance with the following <br />schedule: <br />Milestone: Hours of Service Longevity Bonus Amount <br />16,640 <br />$1,550 <br />24,960 <br />$2,025 <br />33,280 <br />$2,100 <br />41,600 <br />$2,125 <br />49,920 <br />$2,300 <br />58,240 <br />$3,000 <br />66,560 <br />$3,000 <br />A Longevity Bonus is paid in one lump sum within 60 days of the anniversary date on <br />which the Employee reaches the relevant milestone. Qualifying Employees who are <br />eligible for a Longevity Bonus will be invited to the monthly Commission meeting in the <br />month of their anniversary date, where the Commission Chair and the Employee's manager <br />will present the Longevity Bonus paycheck to the Employee(s). <br />Because longevity pay is considered supplemental income by the Internal Revenue Service, <br />22% will be withheld in taxes from the employee's longevity pay during check processing. <br />35. PAYCHECK DEDUCTIONS <br />By law, the Utilities is required to withhold federal and state taxes, FICA and PERA from <br />an employee's pay. The Utilities also has a Health Care Savings Plan with mandatory <br />participation and will withhold applicable amounts from an employee's pay. In addition, <br />other deductions may be made upon authorization of a participating employee including <br />the following: <br />a. Employee share of health insurance g. World Vision <br />b. Credit Union h. United Wav <br />c. PERA life insurance <br />d. 457 contributions <br />e. Flexible benefits <br />f. Computer Loans up to $1,200.00 (12 month term) <br />41 <br />July 2024 <br />2313900 <br />