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SECTION IX. <br />OVERTIME <br />All employees of the Town that are not elected officials and not excluded as <br />supervisors shall receive overtime compensation. Overtime shall be defined <br />as hours worked in excess of 40 hours per week. Overtime compensation shall <br />be paid at the rate of 1% hour of wages for every 1 hour in excess of 40 hours <br />of work per week. These provisions shall not apply to the Police Chief and the <br />Fire Chief where comp time is granted to these officers so long as the Federal <br />Fair Labor Standards Act provisions are met. <br />SECTION X. <br />0 - 4 years <br />5 - 9 years <br />10 - 14 years <br />15 - 19 years <br />20 years and above <br />LONGEVITY SCALE <br />0.00 <br />1,500.00 per year <br />3,000.00 per year <br />4,500.00 per year <br />6,000.00 per year <br />($ 57.69 bi-weekly) <br />(115.38 bi-weekly) <br />( 173.08 bi-weekly) <br />$ 230.77 bi-weekly) <br />All longevity is payable in equal increments over the pay period for that year. <br />Longevity pay shall be calculated by using a "longevity scale" set out at the top <br />of this section and applying the following defmitions: a year of service shall be <br />calculated by the date the individual was hired on a full-time basis and totaling 365 <br />days to complete 1 year of service. The adjustment in pay shall be made annually <br />based upon the number of years of service as of the employee's hire date of each <br />calendar year. <br />