Pension Multiplier. For any employee hired on or before December 31, 2001 or who is vested as of February 27, 2009, the pension multiplier is two and four tenths percent (2.4%) for the first twenty- six (26) years of credited service and one percent (1%) for each year of credited service thereafter. For employees hired on or after January 1, 2002, the pension multiplier is two and two tenths percent (2.2%) for all years of service.
Appears in 6 contracts
Samples: Agreement, Letter of Agreement, Letter of Agreement
Pension Multiplier. For any employee hired on or before December 31, 2001 or who is vested as of February 27May 1, 2009, the pension multiplier is two and four tenths percent (2.4%) for the first twenty- six (26) years of credited service and one percent (1%) for each year of credited service thereafter. For employees hired on or after January 1, 2002, the pension multiplier is two and two tenths percent (2.2%) for all years of service.twenty-six
Appears in 3 contracts
Samples: Letter of Agreement, Agreement, Agreement
Pension Multiplier. For any employee hired on or before December 31, 2001 or who is vested as of February 27May 1, 2009, the pension multiplier is two and four tenths percent (2.4%) for the first twenty- twenty-six (26) years of credited service and one percent (1%) for each year of credited service thereafter. For employees hired on or after January 1, 2002, the pension multiplier is two and two tenths percent (2.2%) for all years of service.
Appears in 2 contracts
Pension Multiplier. For any employee hired on or before December 31, 2001 or who is vested as of February 27September 14, 2009, the pension multiplier is two and four tenths percent (2.4%) for the first twenty- twenty-six (26) years of credited service and one percent (1%) for each year of credited service thereafter. For employees hired on or after January 1, 2002, the pension multiplier is two and two tenths percent (2.2%) for all years of service.
Appears in 1 contract
Samples: Agreement
Pension Multiplier. For any employee hired on or before December 31, 2001 or who is vested as of February 27, 2009, the pension multiplier is two and four tenths percent (2.4%) for the first twenty- twenty-six (26) years of credited service and one percent (1%) for each year of credited service thereafter. For employees hired on or after January 1, 2002, the pension multiplier is two and two tenths percent (2.2%) for all years of service.
Appears in 1 contract
Samples: Agreement
Pension Multiplier. For any employee hired on or before December 31, 2001 or who is vested as of February 27June 19, 2009, the pension multiplier is two and four tenths percent (2.4%) for the first twenty- six (26) years of credited service and one percent (1%) for each year of credited service thereafter. For employees hired on or after January 1, 2002, the pension multiplier is two and two tenths percent (2.2%) for all years of service.twenty-six
Appears in 1 contract
Samples: Agreement
Pension Multiplier. For any employee hired on or before December 31, 2001 or who is vested as of February 27July 24, 2009, the pension multiplier is two and four tenths percent (2.4%) for the first twenty- six (26) years of credited service and one percent (1%) for each year of credited service thereafter. For employees hired on or after January 1, 2002, the pension multiplier is two and two tenths percent (2.2%) for all years of service.
Appears in 1 contract
Samples: Agreement
Pension Multiplier. For any employee hired on or before December 31, 2001 or who is vested as of February 27, 20092009 for employees subject to Appendix B, C & D or June 19, 2009 for employees subject to Appendix E, the pension multiplier is two and four tenths percent (2.4%) for the first twenty- twenty-six (26) years of credited service and one percent (1%) for each year of credited service thereafter. For employees hired on or after January 1, 2002, the pension multiplier is two and two tenths percent (2.2%) for all years of service.
Appears in 1 contract
Samples: Agreement
Pension Multiplier. For any employee hired on or before December 31, 2001 or who is vested as of February 27July 24, 2009, the pension multiplier is two and four tenths percent (2.4%) for the first twenty- six (26) years of credited service and one percent (1%) for each year of credited service thereafter. For employees hired on or after January 1, 2002, the pension multiplier is two and two tenths percent (2.2%) for all years of service.twenty-six
Appears in 1 contract
Samples: Agreement
