Common use of Contributions Beginning 2014-2015 Clause in Contracts

Contributions Beginning 2014-2015. Effective the first full pay period after the Council approves this MOU, bargaining unit members covered by this Section 36.4 shall pay, through payroll deduction, the previously required 9.0% bargaining unit member contribution. In addition to the 9.0% contribution, each bargaining unit member covered by this Section 36.4 shall pay, through payroll deduction, an additional 1.5% of PERSable compensation for a total contribution of 10.5% toward the cost of pension benefits as permitted by Government Code Section 20516.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Contributions Beginning 2014-2015. Effective the first full pay period after the Council approves this MOU, bargaining unit members covered by this Section 36.4 36.3 shall pay, pay through payroll deduction, deduction the previously required 9.0% bargaining unit member contribution. In addition to the 9.0% contribution, each bargaining unit member covered by this Section 36.4 36.3 shall pay, through payroll deduction, an additional 1.5% of PERSable compensation for a total contribution of 10.5% toward the cost of pension benefits as permitted by Government Code Section 20516.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

Contributions Beginning 2014-2015. Effective the first full pay period after the Council approves this MOU, bargaining unit members covered by this Section 36.4 48.3 shall pay, pay through payroll deduction, deduction the previously required 9.0% bargaining unit member contribution. In addition to the 9.0% contribution, each bargaining unit member covered by this Section 36.4 48.3 shall pay, through payroll deduction, an additional 1.5% of PERSable compensation for a total contribution of 10.5% toward the cost of pension benefits as permitted by Government Code Section 20516.

Appears in 1 contract

Samples: Memorandum of Understanding

Contributions Beginning 2014-2015. Effective the first full pay period after the Council approves this MOU, bargaining unit members covered by this Section 36.4 37.3 shall pay, pay through payroll deduction, deduction the previously required 9.0% bargaining unit member contribution. In addition to the 9.0% contribution, each bargaining unit member covered by this Section 36.4 37.3 shall pay, through payroll deduction, an additional 1.5% of PERSable compensation for a total contribution of 10.5% toward the cost of pension benefits as permitted by Government Code Section 20516.

Appears in 1 contract

Samples: Memorandum of Understanding

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Contributions Beginning 2014-2015. Effective the first full pay period after the Council approves this MOU, bargaining unit members covered by this Section 36.4 48.4 shall pay, through payroll deduction, the previously required 9.0% bargaining unit member contribution. In addition to the 9.0% contribution, each bargaining unit member covered by this Section 36.4 48.4 shall pay, through payroll deduction, an additional 1.5% of PERSable compensation for a total contribution of 10.5% toward the cost of pension benefits as permitted by Government Code Section 20516.

Appears in 1 contract

Samples: Memorandum of Understanding

Contributions Beginning 2014-2015. Effective the first full pay period after the Council approves this MOU, bargaining unit members covered by this Section 36.4 37.4 shall pay, through payroll deduction, the previously required 9.0% bargaining unit member contribution. In addition to the 9.0% contribution, each bargaining unit member covered by this Section 36.4 37.4 shall pay, through payroll deduction, an additional 1.5% of PERSable compensation for a total contribution of 10.5% toward the cost of pension benefits as permitted by Government Code Section 20516.

Appears in 1 contract

Samples: Memorandum of Understanding

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