B0064 Estimated Longevity Eligibility Length of Service
B0064 Estimated Longevity Eligibility-Length of Service_A.pdf
B0064 Estimated Longevity Eligibility Length of Service
B0064 Estimated Longevity Eligibility-Length of Service_A.pdf
B0064 Estimated Longevity Eligibility Length of Service
This report provides a list of employees who have achieved at least 10 years of creditable service, and are eligible to receive a longevity payment within 12 months of the date the report is executed. The Office of State Human resources longevity policy states that full-time and parttime (20 hours or more) permanent, probationary, trainee and time-limited employees are eligible for longevity pay.
This report can be used to determine the estimated longevity for eligible employees within an org unit for a 12 month period, rather than performing manual calculations. The amount of estimated longevity is calculated by multiplying the employee’s salary by the longevity percentage rate based on the employee’s length of service as of the date the report is executed. The percentage rate increases as the employee completes 10, 15, 20, and 25 years of service. This report can be used for budgeting, to estimate and plan salary and longevity payments for a 12 month period for a specified org unit(s). Report Description B0064.