PEPRA Employees. Those civilian, as defined by State Law and as determined by CalPERS, employees first employed by the District on or after January 1, 2013 shall receive the two percent (2%) at Age 62 Miscellaneous Retirement Plan. All civilian “miscellaneous” employees, not designated as Classic employees, shall pay half the normal cost of the applicable pension as determined by CalPERS and the District will not pay any portion of the employee's share. In addition, such employee's shall cost share a total of four percent (4%).
PEPRA Employees. For new employees, as defined by the Public Employees' Retirement System (PERS), hired on or after January 1, 2013, retirement benefits shall be those established by the Public Employees' Retirement System (PERS) for Local Safety Members 2.7% at age 57 Formula, highest three years.
PEPRA Employees. For those Members hired on or after January 1, 2013 to the City of Scotts Valley, new to the CalPERS system, the City shall provide 2% at 62 for those Members in accordance with State law. The contribution for new PEPRA Members shall be shared in accordance with State law. PEPRA employee contributions shall be 50% of the normal cost as determined by CalPERS and may change on an annual basis.
PEPRA Employees. 2% at 62
a. Pursuant to changes mandated by XXXXX, all non-sworn miscellaneous employees who are not considered classic members as defined by XxxXXXX are under the CalPERS 2.0% at 62 pension formula. The City shall comply with all PEPRA laws for new hires after January 1, 2013 or non-classic members as defined by XxxXXXX.
PEPRA Employees. For employees hired after December 31, 2012, who are not "classic members" asdefined by CALPERS, the contract between the Central Marin Fire Authority andthe Public Employees Retirement System (PERS) which provides retirement benefits for eligible employees, shall provide the following benefits:
PEPRA Employees. For those Safety Members hired on or after January 1, 2013 who are new to the City of Scotts Valley, the City shall provide 2.7% at 57 for those Members in accordance with State law. The contribution for new PEPRA Safety Members shall be shared in accordance with State law. PEPRA employee contributions shall be 50% of the normal cost as determined by CalPERS and may change on an annual basis.
PEPRA Employees. Miscellaneous employees hired after January 1, 2013, who are not considered “Classic employees”, shall receive the 2% @ 62 retirement benefit and are subject to the Public Employees’ Pension Reform Act (PEPRA) rules. The City provides the following benefit provisions to PEPRA employees: ▪ Average of Final Three Years of Compensation ▪ Cap on Amount of Wages that are Eligible for PERS ($140,424 in 2016 – increases in future years based on CalPERS) ▪ Service Credit for Accrued Sick Leave ▪ Military Buyback ▪ Pre-Retirement Optional Settlement 2 Death Benefit
PEPRA Employees. Public Employees’ Pension Reform Act (PEPRA) for Miscellaneous Employees hired by the City on or after January 1, 2013 and do not qualify as Classic members as determined by XxxXXXX are considered PEPRA Employees. CalPERS has by statute implement a 2.0% @ 62 pension formula, based on a three-year average compensation. Employees in this category shall pay 50% of the normal cost rate as determined by CalPERS.
PEPRA Employees. The City currently participates in a retirement system through a contract with the California Public Employees Retirement System (CALPERS). Effective January 1, 2013, new employees falling under the PEPRA law shall pay 50% of the Normal Cost. ▪ Cell Phone/PDA Stipend If IOPU obtains a personal Cell Phone/PDA and wishes to utilize the device for business purposes, in lieu of a City issued PDA, the City shall provide IOPU with a $60 monthly stipend. This stipend shall be payable on one pay period each month and be subject to all federal and state withholding and tax laws. IOPU hereby acknowledges and agrees that receipt of this stipend means that any voice-mail, text or e-mail messages received on her personal device that are related to City business are property of the City and are subject to disclosure in accordance with the Public Records Act and applicable case law. XXXX further hereby confirms that he/she will provide authorization for the City to obtain such records from her service provider.
