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2000 Session

Budget Amendments - HB29 (Conference Report)

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4% Salary Adjustment (language only)

Item 546 #1c

Item 546 #1c

Central Appropriations
Central Appropriations

Language
Page 453, line 14, after "paragraph.", insert:
"Employees whose salaries are currently in excess of the maximum of the pay grade shall be eligible to receive a base salary adjustment equal to an amount necessary to bring their salary to the new salary maximum of the pay grade.  To the extent that the employee's current salary is above the new salary maximum of the pay grade, such employee will receive the difference as a lump sum "bonus" payment."


Explanation
(This amendment provides employees whose salaries were in excess of the salary maximum of the pay grade the four percent structure adjustment as a lump sum bonus.)