Common use of Effective June 23, 2013 Clause in Contracts

Effective June 23, 2013. For employees who retire on or after June 23, 2013, the City will pay on the employee’s behalf no more than $666.00 per month for an employee electing single party health coverage and no more than $1,332.01 per month for an employee electing two-party coverage. The actual monthly amount of money the City will contribute on the employee’s behalf will be based on the employee’s total years of CalPERS service as provided in the above-referenced chart.

Appears in 5 contracts

Samples: Memorandum Agreement, Memorandum Agreement, Memorandum Agreement

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Effective June 23, 2013. For employees who retire on or after June 2324, 20132012, the City will pay on the employee’s behalf no more than $666.00 per month for an employee electing single party health coverage and no more than $1,332.01 per month for an employee electing two-party coverage. The actual monthly amount of money the City will contribute on the employee’s behalf will be based on the employee’s total years of CalPERS service as provided in the above-referenced chart.

Appears in 1 contract

Samples: Memorandum Agreement

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