Employee and Employer Contribution Rates Sample Clauses

Employee and Employer Contribution Rates. Employees shall pay the full eight percent (8%) of the required CalPERS Employee Contribution Rate. The retirement contribution sharing formula for the CalPERS Employer Contribution Rate shall be as follows:
Sample 1Sample 2
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Employee and Employer Contribution Rates. Employees under the 2.5% @ 55 plan shall pay the full eight percent (8%) of the required CalPERS Employee Contribution Rate. In accordance with PEPRA, employees hired on or after January 1, 2013 that are “New Members” as defined by XXXXX and XxxXXXX will be responsible to pay their contribution to CalPERS equal to 50% of the total normal cost for their defined Plan as determined by XxxXXXX. The retirement contribution sharing formula for the CalPERS Employer Contribution Rate under the 2.5% at 55 Plan shall be as follows:
Sample 1

Related to Employee and Employer Contribution Rates

  • Rollovers of Xxxx Elective Deferrals Xxxx elective deferrals distributed from a 401(k) cash or deferred arrangement, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan, may only be rolled into your Xxxx XXX.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Show-Up Compensation An employee who is scheduled for work and reports for work, except for situations addressed in Article 123--Inclement or Hazardous Conditions, and is released from work shall be paid the equivalent of two

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