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Year 2005-2006 Pay Plan , which shall represent an annualized 3 % <br /> increase over the Fiscal Year 2004-2005 Pay Plan . <br /> B . All new hires will be placed in Step A of the appropriate job grade . <br /> Employees will move to the next step of the appropriate job grade <br /> annually on the pay period following their anniversary date contingent <br /> upon receipt of an overall performance review rating of at least "meets <br /> standards" on their last performance review. Any step moves after <br /> the expiration of this Agreement shall be subject to collective <br /> bargaining . <br /> C . After completing ten ( 10) years of service the employee shall be <br /> placed in Step L10 on the first day of the pay period following the <br /> anniversary. <br /> D . After completing fifteen ( 15) years of service the employee shall be <br /> placed in Step L15 on the first day of the pay period following the <br /> anniversary. <br /> E . For Fiscal Year 2005-2006 only, bargaining unit employees who are <br /> not eligible for a Fiscal Year 2005-2006 step increase shall receive a <br /> lump sum amount of $800 not added to their base effective the <br /> beginning of the second pay period after ratification of this Agreement <br /> by both parties . <br /> 66 <br />