§ 40-6.3-2. Disbursement of bonus.
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§ 40-6.3-2. Disbursement of bonus.
(a)The director is hereby authorized to approve a maximum bonus for each qualified recipient in the sum of three thousand dollars ($3,000). The amount shall be distributed as follows:
(1)After the recipient completes three
(3)months of continuous, full-time employment, the director shall distribute to each recipient the sum of five hundred dollars ($500);
(2)After the recipient completes six
(6)months of continuous, full-time employment, the director shall distribute to each recipient the additional sum of seven hundred fifty dollars ($750);
(3)After the recipient completes nine
(9)months of continuous, full-time employment, the director shall distribute to each recipient the additional sum of seven hundred fifty dollars ($750); and
(4)After the recipient completes twelve
(12)months of continuous, full-time employment, the director shall distribute to each recipient the additional sum of one thousand dollars ($1,000).
(b)In the event any recipient becomes unemployed at any time during the program, the recipient shall forfeit receipt of any incremental payment of a bonus not fully earned at the time of unemployment.
History of Section.
P.L. 1985, ch. 247, § 1.