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  2. Board Of Aldermen - Agenda - 11/24/2020 - P259

Board Of Aldermen - Agenda - 11/24/2020 - P259

By dnadmin on Sun, 11/06/2022 - 22:52
Document Date
Fri, 11/20/2020 - 14:21
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 11/24/2020 - 00:00
Page Number
259
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__112420…

Article 26
Pay Period

All employees covered under this agreement shall be paid on a weekly basis, Thursday of each
week, unless a holiday falls on such day, in which case pay day will be the day prior.

Article 27
Military Service

Any full time employee covered under this Agreement who leaves to enter directly into involuntary
active service in the Armed Forces of the United States is granted a military leave of absence for the
anticipated length of service. A Military leave of absence entitles an employee to be reinstated to the
position held, or one similar in pay and status, so long as the employee provides notice of his/her
desire to resume such employment within thirty (30) days of discharge from the armed forces and
the employee accepts such discharge at the earliest possible date.

Article 28
Military Reserve and National Guard Pay

Any full time employee covered under this Agreement called to serve not more than a seventeen
(17) day annual training tour of duty with the National Guard or Armed Forces Reserves will be
paid the difference between his or her pay for such government service and the amount of straight
time earnings lost by the employee by reason of such service, based on the employee's regularly
scheduled straight time rate. Such payments are to be made following the showing of satisfactory
evidence of the amount of pay received for such service.

An employee covered under this Agreement called to serve duty with the National Guard or Armed
Forces Reserves in the time of war or national conflict will be paid the difference between his/her
pay for such government service and the amount of straight time earnings lost by the employee by
reason of such service, based on the employee's regularly scheduled straight time rate. Such
payments are to be made following the showing of satisfactory evidence of the amount of pay
received for such service.

Article 29
Deferred Compensation

The Board will continue to offer a deferred compensation plan to all employees covered under this
contract during the term hereof so long as it is authorized to do so in the present manner under the
Internal Revenue Code. Deferred compensation allows the employee to defer income and the
associated taxes from their paycheck, until they receive the money sometime after retirement.

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Board Of Aldermen - Agenda - 11/24/2020 - P259

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