Pension Group D: 2% @ 62 Sample Clauses

Pension Group D: 2% @ 62. Employees hired on or after January 1, 2013 meeting the definition ofnew member” under the Public EmployeesPension Reform Act (Gov’t. Code s. 7522 et seq.) shall be subject to all of the provisions of that law, including but not limited to the two percent at age 62 (2%@62) retirement formula with a three year final compensation period.
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Related to Pension Group D: 2% @ 62

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