Common use of New Members Payment of Employer Paid Member Contribution Clause in Contracts

New Members Payment of Employer Paid Member Contribution. ‌ Provided further that New Members as defined by XXXXX who are hired by the City on or after January 1, 2013 shall pay 50% of the normal share of cost required by PEPRA. New Members shall receive any other additional optional CalPERS benefits that the City provides to Classic Employees as allowed by PEPRA.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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New Members Payment of Employer Paid Member Contribution. Provided further that New Members as defined by XXXXX PEPRA who are hired by the City on or after January 1, 2013 shall pay 50% of the normal share of cost required by PEPRA. New Members shall receive any other additional optional CalPERS benefits that the City provides to Classic Employees as allowed by PEPRA.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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New Members Payment of Employer Paid Member Contribution. ‌ Provided further that New Members as defined by XXXXX PEPRA who are hired by the City on or after January 1, 2013 shall pay 50% of the total normal share of cost required by PEPRA, as may be modified by statute. New Members shall receive any other additional optional CalPERS benefits that the City provides to Classic Employees as allowed by PEPRA.

Appears in 1 contract

Samples: Memorandum of Understanding

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