Common use of Pension Employer Paid Member Contributions Clause in Contracts

Pension Employer Paid Member Contributions. (EPMC)‌ 7.1.1 The County agrees to continue the Employer Paid Member Contributions (EPMC) for a portion of the Tier 1 and Tier 2 safety employee’s contribution to the Pension Trust by a plan whereby the County will pay seven percent (7%) of the pensionable wages. For “new members,” as defined by the Public Employees’ Pension Reform Act (PEPRA), on or after the pay period that includes July 1, 2013, the County shall discontinue the seven percent (7%) EPMC of the safety employees’ contribution to the Pension Trust. “New members” on or after the pay period that includes July 1, 2013 shall be responsible for the full employee share of pension contributions. 7.1.2 The County agrees to continue to the EPMC for a portion of the Tier 1 and Tier 2 non-safety employee’s contribution to the Pension Trust by a plan whereby the County will pay four and two-tenths percent (4.2%) of the pensionable wages. For “new members,” as defined by the Public Employees’ Pension Reform Act (PEPRA), on or after the pay period that includes July 1, 2013, the County shall discontinue the four and two-tenths (4.2%) EPMC of the non-safety employees’ contribution to the Pension Trust. “New members” on or after the pay period that includes July 1, 2013 shall be responsible for the full employee share of pension contributions. 7.1.3 These amounts paid by the County, referred to in Sections 7.1.1 and 7.1.2, are for a portion of the unit member’s contributions and are paid by the County to partially satisfy the employee’s obligation to contribute to the Pension Trust. 7.1.4 Unit members shall have no option to receive the contributed amounts directly instead of having them paid by the County to the Pension Trust on behalf of the unit members. 7.1.5 The parties agree that the County’s EPMC of employees’ Pension Trust contributions is based on County of San Xxxx Obispo Employees’ Retirement Plan section 5.03 and the tax treatment permitted by California and Federal law including state statutes and regulations and federal statutes, regulations, and revenue rulings. It is understood that these laws may be altered by the law making bodies and agencies and such a contingency is beyond the control of the parties. 7.1.6 Association shall defend, indemnify and save harmless the County of San Xxxx Obispo, its officers, agents and employees from any and all claims, demands, damages, costs, expenses, or liability, including, but not limited to, liability for back taxes, and all claims of any type by the Internal Revenue Service, the California Franchise Tax Board, unit members, or their heirs, successors, or assigns arising out of this Agreement to partially pay the employees’ contribution to the County Pension Trust.

Pension Employer Paid Member Contributions. (EPMC)‌ 7.1.1 EPMC)‌ The County agrees to continue the Employer Paid Member Contributions (EPMC) for a portion of the Tier 1 and Tier 2 safety employee’s contribution to the Pension Trust by a plan whereby the County will pay seven percent (7%) of the pensionable wages. For “new members,” as defined by the Public Employees’ Pension Reform Act (PEPRA), on or after the pay period that includes July 1, 2013, the County shall discontinue the seven percent (7%) EPMC of the safety employees’ contribution to the Pension Trust. “New members” on or after the pay period that includes July 1, 2013 shall be responsible for the full employee share of pension contributions. 7.1.2 . The County agrees to continue to the EPMC for a portion of the Tier 1 and Tier 2 non-safety employee’s contribution to the Pension Trust by a plan whereby the County will pay four and two-tenths percent (4.2%) of the pensionable wages. For “new members,” as defined by the Public Employees’ Pension Reform Act (PEPRA), on or after the pay period that includes July 1, 2013, the County shall discontinue the four and two-tenths (4.2%) EPMC of the non-safety employees’ contribution to the Pension Trust. “New members” on or after the pay period that includes July 1, 2013 shall be responsible for the full employee share of pension contributions. 7.1.3 . These amounts paid by the County, referred to in Sections 7.1.1 and 7.1.2, are for a portion of the unit member’s contributions and are paid by the County to partially satisfy the employee’s obligation to contribute to the Pension Trust. 7.1.4 . Unit members shall have no option to receive the contributed amounts directly instead of having them paid by the County to the Pension Trust on behalf of the unit members. 7.1.5 . The parties agree that the County’s EPMC of employees’ Pension Trust contributions is based on County of San Xxxx Obispo Employees’ Retirement Plan section 5.03 and the tax treatment permitted by California and Federal law including state statutes and regulations and federal statutes, regulations, and revenue rulings. It is understood that these laws may be altered by the law making bodies and agencies and such a contingency is beyond the control of the parties. 7.1.6 . Association shall defend, indemnify and save harmless the County of San Xxxx Obispo, its officers, agents and employees from any and all claims, demands, damages, costs, expenses, or liability, including, but not limited to, liability for back taxes, and all claims of any type by the Internal Revenue Service, the California Franchise Tax Board, unit members, or their heirs, successors, or assigns arising out of this Agreement to partially pay the employees’ contribution to the County Pension Trust.

Pension Employer Paid Member Contributions. (EPMC)‌ 7.1.1 The County agrees to continue the Employer Paid Member Contributions (EPMC) for a portion of the Tier 1 and Tier 2 safety employee’s contribution to the Pension Trust by a plan whereby the County will pay seven percent (7%) of the pensionable wages. For “new members,” as defined by the Public Employees’ Pension Reform Act (PEPRA), on or after the pay period that includes July 1, 2013, the County shall discontinue the seven percent (7%) EPMC of the safety employees’ contribution to the Pension Trust. “New members” on or after the pay period that includes July 1, 2013 shall be responsible for the full employee share of pension contributions. 7.1.2 The County agrees to continue to the EPMC for a portion of the Tier 1 and Tier 2 non-safety employee’s contribution to the Pension Trust by a plan whereby the County will pay four and two-tenths percent (4.2%) of the pensionable wages. For “new members,” as defined by the Public Employees’ Pension Reform Act (PEPRA), on or after the pay period that includes July 1, 2013, the County shall discontinue the four and two-tenths (4.2%) EPMC of the non-safety employees’ contribution to the Pension Trust. “New members” on or after the pay period that includes July 1, 2013 shall be responsible for the full employee share of pension contributions. 7.1.3 These amounts paid by the County, referred to in Sections 7.1.1 and 7.1.2, are for a portion of the unit member’s contributions and are paid by the County to partially satisfy the employee’s obligation to contribute to the Pension Trust. 7.1.4 Unit members shall have no option to receive the contributed amounts directly instead of having them paid by the County to the Pension Trust on behalf of the unit members. 7.1.5 The parties agree that the County’s EPMC of employees’ Pension Trust contributions is based on County of San Xxxx Obispo Employees’ Retirement Plan section 5.03 and the tax treatment permitted by California and Federal law including state statutes and regulations and federal statutes, regulations, and revenue rulings. It is understood that these laws may be altered by the law making bodies and agencies and such a contingency is beyond the control of the parties. 7.1.6 Association shall defend, indemnify and save harmless the County of San Xxxx Obispo, its officers, agents and employees from any and all claims, demands, damages, costs, expenses, or liability, including, but not limited to, liability for back taxes, and all claims of any type by the Internal Revenue Service, the California Franchise Tax Board, unit members, or their heirs, successors, or assigns arising out of this Agreement to partially pay the employees’ contribution to the County Pension Trust.