FIREFIGHTERS RETIREMENT PLAN. Section 1. Fulltime employees, participation in the South Dakota Retirement System is mandatory. A deduction of 8 percent (for Class B Public Safety) of the monthly salary is made in each payroll period and is matched by the City of Xxxxxxxx toward the retirement of the employee. If the employee terminates employment before retirement, they have such rights to withdrawal of said retirement funds as is permissible under the SDRS. The City agrees to facilitate the present firefighters' retirement plan in accordance with existing state laws, and city ordinances, and in compliance with SDRS.
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Samples: www.cityofmitchellsd.gov, 2020 2022 Bargaining Agreement, www.cityofmitchell.org
