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SECTION XI. 0 - 4 years 5 - 9 years 10 - 14 years 15 - 19 years 20 years and above LONGEVITY SCALE $ 0.00 500.00 per year 1,000.00 per year 1,500.00 per year 2,000.00 per year ($19.23 bi-weekly) ( 38,46 bi-weekly) ( 57.69 bi-weekly) $ 76.92 bi-weekly) All longevity is payable in equal increments over the pay period for that year. This longevity scale was added in 2002 and is not additional to previous longevity amounts being paid but whichever is greater. Previous longevity pay shall be calculated by multiplying the number of years employed by the Town of Mooresville by $200.00. The number of years employed shall be determined by counting the calendar year an employee was hired as 1 complete year, plus each successive year the employee has continued to be employed by the Town, plus the calendar year 1991 (to be treated as 1 additional year) and adding these 3 figures together to derive the amount of longevity pay an employee would be entitled to. No employee shall receive any credit for longevity service after the year 1991. Longevity formula 2002 and thereafter shall be as follows: Longevity pay shall be calculated by using a "longevity scale" set out at the top of this section and applying the following definitions: a year of service shall be calculated by the date the individual was hired on a full time basis and totaling 365 days to complete 1 year of service. The adjustment in pay shall be made annually based upon the number of years of service as of the employee's hire date of each calendar year. For the year 2020 the number of years of service existing as of the employee's hire date shall establish the longevity scale of pay for that employee for the year 2020. SECTION XII. OTHER BENEFITS Medical insurance shall be paid to all Full -Time, non -seasonal Park Employees, all Full -Time employees of the Town and Part -Time employees of the Town that are scheduled regularly for 30 hours of work per week (this excludes Fire Reserves and Part -Time or Casual Dispatchers that are Part -Time employees) This does include Elected Officials who elect medical insurance coverage. Eligible employees shall be entitled to retirement benefits provided by the Town of Mooresville pursuant to Resolutions and Ordinances passed by the Town of Mooresville that would entitle them to these benefits. Medical insurance, dental insurance, vision insurance, life insurance and disability insurance shall be provided pursuant to existing plans.