$500 Lump Sum Payment
To be eligible for the $500 Lump Sum payment, part-time employees in Bargaining Unit 08 who are in Pay Basis Code ANN, BIW, 21P, CAL, CYF or HRY must have completed at least eight (8) years of consecutive service at the campus in which the employee is employed at the time of payment.
Employees who have completed eight (8) years of consecutive service on or after July 2, 2007 and on or before January 1, 2008, are eligible to receive the $500 Lump Sum payment effective January 1, 2008.
Employees who have completed eight (8) years of consecutive service on or after January 2, 2008 and on or before July 1, 2011, are eligible to receive the $500 Lump Sum payment effective the date the employee becomes eligible.
Please refer to the SUNY Board of Trustees Policies for the definition of consecutive service.
Part-time employees who were previously granted permanent, continuing, or a second five-year term appointment and who have already received a $500 advance to basic annual salary are not eligible for an additional $500 Lump Sum Payment. Individual employees are eligible for only one service award during the term of the agreement.
The $500 Lump Sum payment is pensionable and must be included in the calculation of overtime.