Common use of Cost Sharing of Employer Contribution Clause in Contracts

Cost Sharing of Employer Contribution. Per CalPERS contract amendment which went into effect on October 29, 2016, SBEA-MISCELLANEOUS EMPLOYEE GROUP employees will continue to contribute 1.04% of pay towards the normal cost in addition to paying their entire employee share of the CalPERS retirement contribution for a total of 9.04%.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Cost Sharing of Employer Contribution. Per CalPERS contract amendment which went into effect on October 29, 2016, SBEA-SBEA­ MISCELLANEOUS EMPLOYEE GROUP employees will continue to contribute 1.040.19% of pay towards the normal cost in addition to paying their entire employee share of the CalPERS retirement contribution for a total of 9.04%contribution.

Appears in 1 contract

Samples: Side Letter Agreement

Cost Sharing of Employer Contribution. Per CalPERS contract amendment which went into effect on October 29, 2016, SBEA-SBEA­ MISCELLANEOUS EMPLOYEE GROUP employees will continue to contribute 1.04% of pay towards the normal cost in addition to paying their entire employee share of the CalPERS retirement contribution for a total of 9.04%.

Appears in 1 contract

Samples: Side Letter Agreement

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Cost Sharing of Employer Contribution. Per CalPERS contract amendment which went into effect on October 29, 2016, SBEA-MISCELLANEOUS EMPLOYEE GROUP employees will continue to contribute 1.040.19% of pay towards the normal cost in addition to paying their entire employee share of the CalPERS retirement contribution for a total of 9.04%contribution.

Appears in 1 contract

Samples: Memorandum of Understanding

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