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  2. Board Of Aldermen - Agenda - 12/23/2019 - P70

Board Of Aldermen - Agenda - 12/23/2019 - P70

By dnadmin on Sun, 11/06/2022 - 22:30
Document Date
Fri, 12/20/2019 - 14:07
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Mon, 12/23/2019 - 00:00
Page Number
70
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__122320…

4, li the empl is on an unpaid leav n

Longevity payments received by employees shall be added to their total annual wages for computation of
overtime rates and paid in accordance with the regulations of the Fair Labor Standards Act.

lf employees retire, longevity payments will be prorated by month based on the actual length of service.
Employees must work at least 15 calendar days in any month to receive credit for that month.

Two weeks prior to the employee's anniversary date, the employee can request that this longevity payment
be deposited into a 457 Retirement Plan provided that the employee has a 457 Retirement Plan set_up

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Page Image
Board Of Aldermen - Agenda - 12/23/2019 - P70

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