The Compensation System.
Section 10
SEC. 10. The Compensation System. —The Compensation System consists of (a) a Salary Schedule; (b) a Wage Schedule; (c) policies relating to allowances, bonuses, pension plans and other benefits accruing to employees cov ered; and (d) the rules and regulations which are herein provided, including those which may be promulgated there after for its administration. The Salary or Wage Sched ules shall consist of twenty-eight grades, with eight pre scribed steps within each grade. Each grade represents a level of work difficulty and responsibility which dis tinguishes it from other grades in the Schedule. Each class of position in the Position Classification System pro vided under this Decree sha :l be assigned a< salary or wage grade. The Salary and Wage Schedules shall be admin istered in accordance with the rules provided in this Decree. SEC.