PERS Benefits Sample Clauses

PERS Benefits. Classic Members The Office will pay the total PERS contribution for eligible probationary and permanent employees hired prior to January 1, 2013, and for employees designated as classic members under the Public Employees’ Pension Reform Act.
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PERS Benefits. The District makes no representations or assurances as to the unit members' eligibility with respect to PERS benefits or, if they are eligible, the amount of any such benefits that they might receive, or are entitled to receive, due to their service to the District. The District further makes no representations or assurances as to the effect of this Agreement on unit member eligibility for and/or receipt of PERS credits or benefits.
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PERS Benefits. 8 The Office will pick up the total PERS contribution for 9 eligible probationary and permanent employees.
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PERS Benefits. A. Employees will pay their entire portion of their Public Employees Retirement System contribution on wages earned with the City.
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PERS Benefits. The City agrees to provide the 2.0 percent at 55 PERS Retirement Plan, including the 1959 Survivor's Benefit Xxxxx 0, for Miscellaneous Employees. The City will pay 100 percent of both the employee and employer contributions. PERS Employer Paid Member Contributions (EPMC) will be reported as “Special Compensation”.
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PERS Benefits. A. Except for those employees hired within six months of separation from employment with a public employer with pension system reciprocity, who are eligible for the retirement plan in effect on December 31, 2012 (which was then the Safety retirement of 2% at 50), covered employees hired after December 31, 2012 shall be provided with “2% at 50 / 2.7% at 57” PERS Safety Retirement Benefits as mandated by the Public Employees’ Pension Reform Act of 2013. All other employees covered by this MOU (i.e. “classic members”) shall continue in the PERS “2% at 50” (Local Safety Plan) retirement program, except those covered employees who were employed by the County on January 1, 2007, and ONLY on that date, who shall continue to receive “3% at 50" retirement pursuant to the COUNTY’s current contract with CalPERS. All employees covered by this MOU shall continue to pay the employee (member) contribution for such PERS coverage and retirement benefits, and COUNTY shall continue its implementation of Internal Revenue Code section 414(H)(2).
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Related to PERS Benefits

  • Death Benefits Upon the Executive's death during the Contract Period, his estate shall not be entitled to any further benefits under this Agreement.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

  • Vacation Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

  • Layoff Benefits 1. When reduction of staff is necessary, all requested leaves of absence for any reasonable purpose shall be granted by the Board.

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Employment Benefits In addition to the Salary payable to the Executive hereunder, the Executive shall be entitled to the following benefits:

  • Public Benefits This Agreement provides assurances that the Public Benefits identified below will be achieved and developed in accordance with the Applicable Rules and Project Approvals and with the terms of this Agreement and subject to the City’s Reserved Powers. The Project will provide Public Benefits to the City, including without limitation:

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