Common use of CONTRIBUTION TO RETIREMENT SYSTEM Clause in Contracts

CONTRIBUTION TO RETIREMENT SYSTEM. For all employees who are members of the Employees’ Retirement System 31 as of January 1, 1971, the County shall contribute a sum equal to eight 1 percent (8%) of each employee’s earnings computed for pension purposes 2 into such account on behalf of each such employee. All such sums 3 contributed, in addition to the contributions previously made by the 4 employee, shall be credited to the employee’s individual account and be 5 subject to the provisions of the pension system as it relates to the payment 6 of such sums to such employees upon separation from service. The 7 provisions of this paragraph shall not apply to employees in the bargaining 8 unit in the following classes who were not members of the Employees’

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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CONTRIBUTION TO RETIREMENT SYSTEM. 9 (1) For all employees who are members of the Employees’ Retirement System 31 10 as of January 1, 1971, the County shall contribute a sum equal to eight 1 11 percent (8%) of each employee’s earnings computed for pension purposes 2 12 into such account on behalf of each such employee. All such sums 3 13 contributed, in addition to the contributions previously made by the 4 14 employee, shall be credited to the employee’s individual account and be 5 15 subject to the provisions of the pension system as it relates to the payment 6 16 of such sums to such employees upon separation from service. The 7 17 provisions of this paragraph shall not apply to employees in the bargaining 8 18 unit in the following classes who were not members of the Employees’

Appears in 1 contract

Samples: Collective Bargaining Agreement

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CONTRIBUTION TO RETIREMENT SYSTEM. 2 (1) For all employees who are members of the Employees’ Retirement System 31 3 as of January 1, 1971, the County shall contribute a sum equal to eight 1 4 percent (8%) of each employee’s earnings computed for pension purposes 2 5 into such account on behalf of each such employee. All such sums 3 6 contributed, in addition to the contributions previously made by the 4 7 employee, shall be credited to the employee’s individual account and be 5 8 subject to the provisions of the pension system as it relates to the payment 6 9 of such sums to such employees upon separation from service. The 7 10 provisions of this paragraph shall not apply to employees in the bargaining 8 11 unit in the following classes who were not members of the Employees’

Appears in 1 contract

Samples: Collective Bargaining Agreement

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