Common use of Employee PERS Contributions Clause in Contracts

Employee PERS Contributions. Tier One - employees shall contribute eight percent (8%) of Base Salary to the PERS retirement plan. • Tier Two - employees shall contribute seven percent (7%) of Base Salary to the PERS retirement plan. • Tier Three – new members shall contribute fifty percent (50%) of the total normal cost, unless otherwise determined annually by XxxXXXX, of the PERS retirement plan.

Appears in 2 contracts

Samples: Public Employees, Public Employees

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Employee PERS Contributions. Employees’ contribution rate for the miscellaneous retirement plan is as follows: • Tier One - employees shall contribute eight percent (8%) of Base Salary salary to the PERS retirement plan. • Tier Two - employees shall contribute seven percent (7%) of Base Salary salary to the PERS retirement plan. • Tier Three – new members shall contribute fifty percent (50%) of the total normal cost, unless otherwise determined annually by XxxXXXX, of the PERS retirement plan.

Appears in 1 contract

Samples: www.ci.dixon.ca.us

Employee PERS Contributions. Tier One - employees shall contribute eight percent (8%) of Base Salary to the PERS retirement plan. • Tier Two - employees shall contribute seven percent (7%) of Base Salary to the PERS retirement plan. • Tier Three – new members shall contribute fifty percent (50%) of the total normal cost, unless otherwise determined annually by XxxXXXXCalPERS, of the PERS retirement plan.

Appears in 1 contract

Samples: Dixon City Employees

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Employee PERS Contributions. Employees’ contribution rate for the miscellaneous retirement plan is as follows: • Tier One - employees shall contribute eight percent (8%) of Base Salary salary to the PERS retirement plan. • Tier Two - employees shall contribute seven percent (7%) of Base Salary salary to the PERS retirement plan. • Tier Three – new members shall contribute fifty percent (50%) of the total normal cost, unless otherwise determined annually by XxxXXXXCalPERS, of the PERS retirement plan.

Appears in 1 contract

Samples: www.cityofdixonca.gov

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