Employees Hired Before June 27, 2005. Employees are covered by the CalPERS "3% @ 50" benefit formula. This plan provides 3 percent of pay at age 50 for each year of service credited with the City.
Appears in 2 contracts
Employees Hired Before June 27, 2005. Employees are covered by the CalPERS "β3% @ 50" β benefit formula. This plan provides 3 percent of pay at age 50 for each year of service credited with the City.
Appears in 2 contracts