Township Council Meeting — Packet

Longevity Payments between 2% and 10% of pensionable salaries are limited to those employees eligible under a collective bargaining agreement. Stpoends as defined or assigned FROM TO Holiday Pay Ret HB Pay 1/1/2018 12/31/2018 Administrative Detective 500 Line Detective 1,500 Police Stipend 1,250 Captain Stipend - 7% 0.0% 1/1/2019 12/31/2019 500 1,500 2,250 - 7% 0.0% 1/1/2020 12/31/2020 500 1,500 3,000 - 7% 0.0% 1/1/2021 12/31/2021 750 1,750 3,500 1,750 7% 10.5% 1/1/2022 12/31/2022 1,000 2,000 4,500 2,000 7% 10.5% Retirement Health Benefit Pay of 10.5% of Pensionable Base Pay will be paid only to new Uniformed Police hired after January 1, 2021. Page 95 of 181