Effective June 27, 2010. For employees who retire on or after June 27, 2010, the City will pay on the employee’s behalf no more than $424.31 per month for an employee electing single party health coverage and no more than $848.61 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 7 contracts
Samples: Memorandum Agreement, Memorandum Agreement, Memorandum Agreement
Effective June 27, 2010. For employees who retire on or after June 27, 2010, the City will pay on the employee’s 's behalf no more than $424.31 per month for an employee electing single party health coverage and no more than $848.61 per month for an employee electing two party coverage. The actual monthly amount of money the City will contribute on the employee’s 's behalf will be based on the employee’s 's total years of CalPERS service as provided in the above-above- referenced chart.
Appears in 1 contract
Samples: Memorandum Agreement
Effective June 27, 2010. For employees who retire on or after June 27, 2010, the City will pay on the employee’s behalf no more than $424.31 per month for an employee electing single party health coverage and no more than $848.61 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-above- referenced chart.
Appears in 1 contract
Samples: Memorandum Agreement