City Contribution Rate. The percentage of Valuation Payroll payable to the Base Benefits Fund by the City. The rate shall be determined as the City Funding Requirement, less revenues derived from fines and forfeitures, the Qualified Member Contribution Rate, the use of Chapter Funds as further outlined in this agreement, and any assessment against the City Budget Stabilization Account.
Appears in 6 contracts
Samples: Retirement Reform Agreement, Retirement Reform Agreement, 2014 Retirement Reform Agreement
