25 NCAC 01D .1203. AMOUNT OF LONGEVITY PAY

(a)  Annual longevity pay amounts are based on the length of total state service and a percentage of the employee's annual rate of base pay on the date of eligibility.  Longevity pay amounts are computed by multiplying the employee's base pay rate by the appropriate percentage from the following table.  (Salary increases effective on the longevity eligibility date shall be incorporated in the base pay before computing longevity.)

 

Years of Total State Service                              Longevity Pay Rate

10 but less than 15 years                                            1.50 percent

15 but less than 20 years                                            2.25 percent

20 but less than 25 years                                            3.25 percent

25 or more years                                                          4.50 percent

 

(b)  For an otherwise eligible employee who separates or goes on extended military leave without pay before the date of annual eligibility, a pro rated longevity payment will be made.  The longevity pay amount shall be computed on the salary as of the last day worked; then it is prorated by an amount equal to the proportion of the year worked toward the annual eligibility date.  For example: The employee will receive 1/12 of the annual amount for each month worked toward the next longevity payment.  Thus, if an employee received longevity on January 1 and separates on July 31, 7/12 of the full longevity payment would be paid.  The payment should be made to the nearest cent rather than the nearest dollar.

(c)  The only exception to the above is if an employee has a fraction of a year toward the next higher percentage rate, the payment would be based on the higher rate.  For example, if an employee has 19 years and 3 months service, the payment would be 3.25 percent rather than 2.25 percent.

 

History Note:        Filed as a Temporary Amendment Eff. January 1, 1989 for a Period of 180 Days to Expire June 29, 1989;

Authority G.S. 126‑4;

Eff. February 1, 1976;

Amended Eff. July 1, 1989; March 1, 1989; May 1, 1980; July 1, 1977.