Common use of Employees Hired On or After Clause in Contracts

Employees Hired On or After. June 21, 2010 a. Effective December 19, 2011, for employees hired before July 1, 2011, the City will pay up to 1 percent of the member’s required contribution (EPMC) and employees will pay up to 6 percent of the member’s required contribution on a pretax basis. b. Effective December 19, 2011, for employees hired on or after July 1, 2011, employees will pay up to 7 percent of the member’s required contribution on a pretax basis for the first 5 years of employment pursuant to 2 CCR 569. c. Effective June 27, 2016, the City will pay 0 percent of the member’s required contribution (EPMC) and the employees will pay up to 8 percent of the member’s required contribution on a pretax basis thus terminating items 2.a. and 2.b. above.