Common use of Member's Contribution to Pension Fund Clause in Contracts

Member's Contribution to Pension Fund. That portion of the member contribution to the Fund of three and one-half percent (3.5%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution. Effective as soon as practicable following the acceptance of this collective bargaining agreement by City Council, but no earlier than December 9, 2014, that portion of the member contribution to the Fund of three percent (3%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution. Effective the pay period including December 9, 2015, that portion of the member contribution to the Fund of two and one-quarter percent (2.25%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution. Effective the pay period including December 9, 2016, that portion of the member contribution to the Fund of one and one-half percent (1.5%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution.

Member's Contribution to Pension Fund. (A) That portion of the member contribution to the Fund of three one and one-half percent (3.51.5%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution. Effective as soon as practicable following the acceptance of this collective bargaining agreement by City Council, but no earlier than December 9, 20142018, that portion of the member contribution to the Fund of three one and one- quarter percent (31.25%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution. Effective the pay period including December 9, 20152019, that portion of the member contribution to the Fund of two and one-quarter three quarters of one percent (2.25%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution. Effective the pay period including December 9, 2016, that portion of the member contribution to the Fund of one and one-half percent (1.50.75%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution. (B) The provisions of this Section shall apply uniformly to all members and no member shall have the option to elect a wage increase or other benefit in lieu of the payment provided for herein. The City shall, in reporting and making remittances to the Fund, report that each member’s contribution has been made as provided by statute. (C) Both parties hereby declare that the sum paid hereunder by the City on behalf of the member (i.e., 1.5%, 1.25%, .75% of the member’s earned compensation) is not to be considered additional salary or wages and shall not be treated as increased compensation. For purposes of computing the member’s earnings, or basis of the member’s contribution to the Fund, the amount paid by the City on behalf of the member as a portion of the member’s statutory obligation, is intended to be and shall be considered as having been paid by the member in fulfillment of the member’s statutory obligation. (D) For purposes of this Section 20.2, the term “earned compensation” shall mean any and all monies paid to a member by the City of Columbus, for which there is a pension contribution under or pursuant to any provision of this Contract. However, it shall not include monies paid as and for uniform allowance as provided in this Contract. (E) The provisions of this Section 20.2 shall not apply to any employee hired (initial day of employment) by the City on or after January 1, 2013, or as soon as practical thereafter; and such employee will be responsible for paying the full employee contribution to the Fund. This contribution is a salary reduction employer pick- up and is tax deferred.

Member's Contribution to Pension Fund. That portion of the member contribution to the Fund of one three and one-one- half percent (3.51.5%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution. Effective as soon as practicable following the acceptance of this collective bargaining agreement by City Council, but no earlier than December 9, 2014201418, that portion of the member contribution to the Fund of one and one-quarter three percent (331.25%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution. Effective the pay period including December 9, 2015201519, that portion of the member contribution to the Fund of three quarters of one two and one-one- quarter percent (2.252.250.75%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution. Effective the pay period including December 9, 2016, that portion of the member contribution to the Fund of one and one-half percent (1.5%) of the member’s earned compensation shall be picked up (assumed and paid) on behalf of the member and, in lieu of payment by the member, by the City of Columbus. Any remaining portion of the member contribution which might exist shall continue to be paid by the member, using the determined method of pension contribution.