Common use of CalPERS Member Contributions Clause in Contracts

CalPERS Member Contributions. Employees shall pay the statutory member contribution to CalPERS, currently established as 8% for “classic” members and 6.25% (half of total normal costs) for “new” members as defined under PEPRA. Any changes in contribution amounts directed by CalPERS shall be implemented after a meet and confer process with the union.

CalPERS Member Contributions. Employees shall pay the statutory member contribution to CalPERS, currently established as 8% for “classic” members and 6.25% (half of total normal costs) for “new” members as defined under PEPRA. Any changes in contribution amounts directed by CalPERS XxxXXXX shall be implemented after a meet and confer process with the union.

CalPERS Member Contributions. Employees shall pay the statutory member contribution to CalPERS, currently established as 8% for “classic” members and 6.25% (half of the total normal costs) cost for “new/PEPRA” members as defined under PEPRAby XxxXXXX and the Government Code. Any changes in contribution amounts directed by CalPERS XxxXXXX shall be implemented after a meet and confer process with the union.