{"id":1050987,"date":"2021-12-29T10:26:07","date_gmt":"2021-12-29T15:26:07","guid":{"rendered":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/uncategorized\/longevity-pay-unc-human-resources\/"},"modified":"2021-12-29T10:26:07","modified_gmt":"2021-12-29T15:26:07","slug":"longevity-pay-unc-human-resources","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/transhuman-news-blog\/human-longevity\/longevity-pay-unc-human-resources\/","title":{"rendered":"Longevity Pay – UNC Human Resources"},"content":{"rendered":"

To calculate prorated longevity, first calculate the full longevity amount the employee would receive at the next longevity anniversary.<\/p>\n

Full Longevity = (Annual salary at time of separation) x (longevity %), rounded to the nearest dollar<\/p>\n

Then calculate the prorated payment:<\/p>\n

Prorated Longevity Payment = Full Longevity x (# of months now eligible \/ 12), rounded to the nearest cent<\/p>\n

Example 1Employees TSSD is 2\/1\/93 and annual salary is $28,362. Last longevity payment received was in February 2003. Employee is terminating university\/state employment on November 30, 2003.<\/p>\n

Calculation is as follows:Full Longevity = $28,362 x 1.5% = $425.430, rounded to the nearest dollar = $425Prorated Longevity Payment = $425 x 10\/12 = $354.166, rounded to the nearest cent = $354.17<\/p>\n

Example 2Employees TSSD is 2\/1\/93 and annual salary is $28,362. Last longevity payment received was in February 2003. Employee is terminating university\/state employment on November 10, 2003.<\/p>\n

Calculation is as follows:Full Longevity = $28,362 x 1.5% = $425.430, rounded to the nearest dollar = $425Prorated Longevity Payment = $425 x 9\/12 = $318.750, rounded to the nearest cent = $318.75<\/p>\n

Notes:<\/p>\n

<\/p>\n

See the article here:
\nLongevity Pay - UNC Human Resources<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

To calculate prorated longevity, first calculate the full longevity amount the employee would receive at the next longevity anniversary. Full Longevity = (Annual salary at time of separation) x (longevity %), rounded to the nearest dollar Then calculate the prorated payment: Prorated Longevity Payment = Full Longevity x (# of months now eligible \/ 12), rounded to the nearest cent Example 1Employees TSSD is 2\/1\/93 and annual salary is $28,362. Last longevity payment received was in February 2003. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-1050987","post","type-post","status-publish","format-standard","hentry","category-human-longevity"],"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/1050987"}],"collection":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/comments?post=1050987"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/1050987\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/media?parent=1050987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/categories?post=1050987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/tags?post=1050987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}