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., <br />' 'ARTICLE 31~ <br />EDUCt1TIpNAL BL'NEFYT <br />Section 31.I. All permanent full time employees who have earned an Associate <br />Degree relating to the field of their employment shall be entitled to an <br />additional compensation equal to Cwo percent (2y) of their base pay, All <br />full time employees who have earned a 3achelors Degree related to their <br />field of employment shall receive additional compensation equal to four <br />percent (4%) of their base pay. <br />Section 31.2. The compensation provided herein shall be earned on a monthly <br />basis, with payments made in'Janusry and July of every year for the six <br />months preceeding the payment. - <br />Section 31.3. Should an employee terminate his'emplayment with the Village ,;, <br />having accrued a pnrtian of said benefit but not yet having received payment, <br />the prorated amount due the employee will be paid as soon thereafter as may <br />be practical. <br />