Employee Sharing Additional Cost. The County of Yuba and YCEA have previously negotiated a contract which includes Classic and PEPRA New employees paying an additional portion of the employer’s share of pension cost beginning in the 2015/2016 Fiscal Year that will continue as follows: YCEA MISC Classic and PEPRA New Members agreed to pay an additional 1.194% toward the Employer Contribution, with the YCEA MISC Classic Members total employee contribution of 8.194%; the YCEA MISC PEPRA New Members total employee contribution of 7.444%. This agreement will again amend the County’s local MISC Members’ contract under Section 20516 for local MISC Classic and PEPRA New Members in the YCEA as follows: Effective July 1, 2018, or as soon thereafter as the CalPERS retirement contract can be amended, the CalPERS Employer Pension Contribution will be: YCEA MISC Classic Members agree to pay an additional .403% toward the Employer Contribution. YCEA MISC PEPRA NEW Members agree to pay an additional .403% toward the Employer Contribution. This CalPERS retirement contract amendment will result in the following changes to the employee contribution rate effective July 1, 2018: YCEA MISC Classic Members employee contribution 8.597% YCEA MISC PEPRA New Members employee contribution 7.843% Effective July 1, 2019, or as soon thereafter as the CalPERS retirement contract can be amended, the CalPERS Employer Pension Contribution will be: YCEA MISC Classic Members agree to pay an additional .403% toward the Employer Contribution. YCEA MISC PEPRA NEW Members agree to pay an additional .403% toward the Employer Contribution. This CalPERS retirement contract amendment will result in the following changes to the employee contribution rate effective July 1, 2019: YCEA MISC Classic Members employee contribution 9% YCEA MISC PEPRA New Members employee contribution 8.25%
Appears in 4 contracts
Samples: Master Labor Agreement, Master Labor Agreement, Master Labor Agreement
Employee Sharing Additional Cost. The County of Yuba and YCEA have previously negotiated a contract which includes Classic and PEPRA New employees paying an additional portion of the employer’s share of pension cost beginning in the 2015/2016 Fiscal Year that will continue as follows: YCEA MISC Classic and PEPRA New Members agreed to pay an additional 1.194% toward the Employer Contribution, with the YCEA MISC Classic Members total employee contribution of 8.194%; the YCEA MISC PEPRA New Members total employee contribution of 7.444%. This agreement will again amend the County’s local MISC Members’ contract under Section 20516 for local MISC Classic and PEPRA New Members in the YCEA as follows: Effective July 1, 2018, or as soon thereafter as the CalPERS retirement contract can be amended, the CalPERS Employer Pension Contribution will be: • YCEA MISC Classic Members agree to pay an additional .403% toward the Employer Contribution. • YCEA MISC PEPRA NEW Members agree to pay an additional .403% toward the Employer Contribution. This CalPERS retirement contract amendment will result in the following changes to the employee contribution rate effective July 1, 2018: • YCEA MISC Classic Members employee contribution 8.597% • YCEA MISC PEPRA New Members employee contribution 7.843% Effective July 1, 2019, or as soon thereafter as the CalPERS retirement contract can be amended, the CalPERS Employer Pension Contribution will be: • YCEA MISC Classic Members agree to pay an additional .403% toward the Employer Contribution. • YCEA MISC PEPRA NEW Members agree to pay an additional .403% toward the Employer Contribution. This CalPERS retirement contract amendment will result in the following changes to the employee contribution rate effective July 1, 2019: • YCEA MISC Classic Members employee contribution 9% • YCEA MISC PEPRA New Members employee contribution 8.25%
Appears in 3 contracts
Samples: Master Labor Agreement, Master Labor Agreement, Master Labor Agreement
Employee Sharing Additional Cost. The County of Yuba and YCEA DSA have previously negotiated a contract which includes Classic and PEPRA New employees paying an additional a portion of the employer’s share of pension cost beginning in the 2015/2016 2017/2018 Fiscal Year Year. This agreement will amend the County’s Safety and MISC members contract to provide Section 20516 for Safety and MISC members in the DSA effective July 1, 2017. If the required CalPERS ballot initiative for the contract does not pass, DSA and the County agree to meet and confer to determine how to recover the savings lost from that agreement. Effective July 1, 2017, or as soon thereafter as the CalPERS retirement contract can be amended, the CalPERS Employer Pension Contribution will continue be as follows: YCEA MISC • DSA Safety Classic and PEPRA New Members agreed agree to pay an additional 1.1941.5% toward the Employer employer Contribution, with the YCEA MISC . • DSA Misc Classic Members total employee contribution of 8.194%; agree to pay an additional .5% toward the YCEA MISC PEPRA New Members total employee contribution of 7.444%employer Contribution. This agreement will again amend the County’s local MISC Members’ contract under Section 20516 for local MISC Classic and PEPRA New Members in the YCEA as follows: Effective July 1, 2018, or as soon thereafter as the CalPERS retirement contract can be amended, the CalPERS Employer Pension Contribution will bebe as follows: YCEA MISC • DSA Safety Classic Members agree to pay an additional .4031.5% toward the Employer employer Contribution. YCEA MISC PEPRA NEW • DSA Misc Classic Members agree to pay an additional .403.5% toward the Employer employer Contribution. This The CalPERS retirement contract amendment will result in the following changes to the employee contribution rate effective rate: Effective July 1, 2017: • DSA Safety Classic Members employee contribution 10.5%. • DSA Misc Classic Members employee contribution 7.5% DSA MOU 12/1/16 – 6/30/19 | ARTICLE 29RETIREMENT 65 Effective July 1, 2018: YCEA MISC • DSA Safety Classic Members employee contribution 8.597% YCEA MISC PEPRA New Members employee contribution 7.843% Effective July 1, 2019, or as soon thereafter as the CalPERS retirement contract can be amended, the CalPERS Employer Pension Contribution will be: YCEA MISC Classic Members agree to pay an additional .403% toward the Employer Contribution12%. YCEA MISC PEPRA NEW Members agree to pay an additional .403% toward the Employer Contribution. This CalPERS retirement contract amendment will result in the following changes to the employee contribution rate effective July 1, 2019: YCEA MISC • DSA Misc Classic Members employee contribution 9% YCEA MISC PEPRA New Members employee contribution 8.258%.
Appears in 1 contract
Samples: files4.revize.com
Employee Sharing Additional Cost. The County of Yuba and YCEA have previously negotiated a contract which includes Classic and PEPRA New employees paying an additional portion of the employer’s share of pension cost beginning in the 2015/2016 Fiscal Year that will continue as follows: YCEA MISC Classic and PEPRA New Members agreed to pay an additional 1.194% toward the Employer Contribution, with the YCEA MISC Classic Members total employee contribution of 8.194%; the YCEA MISC PEPRA New Members total employee contribution of 7.444%. This agreement will again amend the County’s local MISC Members’ contract under Section 20516 for local MISC Classic and PEPRA New Members in the YCEA as follows: Effective July 1, 2018, or as soon thereafter as the CalPERS retirement contract can be amended, the CalPERS Employer Pension Contribution will be: YCEA MISC Classic Members agree to pay an additional .403% toward the Employer Contribution. YCEA MISC PEPRA NEW Members agree to pay an additional .403% toward the Employer Contribution. This CalPERS retirement contract amendment will result in the following changes to the employee contribution rate effective July 1, 2018: YCEA MISC Classic Members employee contribution 8.597% YCEA MISC PEPRA New Members employee contribution 7.8437.847% Effective July 1, 2019, or as soon thereafter as the CalPERS retirement contract can be amended, the CalPERS Employer Pension Contribution will be: YCEA MISC Classic Members agree to pay an additional .403% toward the Employer Contribution. YCEA MISC PEPRA NEW Members agree to pay an additional .403% toward the Employer Contribution. This CalPERS retirement contract amendment will result in the following changes to the employee contribution rate effective July 1, 2019: YCEA MISC Classic Members employee contribution 9% YCEA MISC PEPRA New Members employee contribution 8.25%
Appears in 1 contract
Samples: Master Labor Agreement