Contributions Beginning July 2017. Effective the first full pay period of July 2017, bargaining unit members covered by this Section 48.4 shall pay an additional one-half of a percent (0.5%) of pensionable compensation for a total of thirteen and one-half percent (13.5%) of pensionable compensation toward the cost of pension benefits as permitted by Government Code Section 20516.
Appears in 2 contracts
Samples: srcity.org, srcity.org
Contributions Beginning July 2017. Effective the first full pay period of July 2017, bargaining unit members covered by this Section 48.4 36.3 shall pay an additional one-half of a percent (0.5%) of pensionable compensation for a total of thirteen and one-half percent (13.5%) of pensionable compensation toward the cost of pension benefits as permitted by Government Code Section 20516.
Appears in 2 contracts
Samples: www.srcity.org, www.srcity.org
Contributions Beginning July 2017. Effective the first full pay period of July 2017, bargaining unit members covered by this Section 48.4 36.4 shall pay an additional one-half of a percent (0.5%) of pensionable compensation for a total of thirteen and one-half percent (13.5%) of pensionable compensation toward the cost of pension benefits as permitted by Government Code Section 20516.
Appears in 2 contracts
Samples: www.srcity.org, www.srcity.org
Contributions Beginning July 2017. Effective the first full pay period of July 2017, bargaining unit members covered by this Section 48.4 48.3 shall pay an additional one-half of a percent (0.5%) of pensionable compensation for a total of thirteen and one-half percent (13.5%) of pensionable compensation toward the cost of pension benefits as permitted by Government Code Section 20516.
Appears in 2 contracts
Samples: srcity.org, srcity.org