Common use of PERS Highest Pension Calculation Compensation Period Clause in Contracts

PERS Highest Pension Calculation Compensation Period. The City shall continue to provide the Single Highest One Year Final Compensation Pension calculation benefit to current miscellaneous employees. Employees hired after March 19, 2012 shall receive the Three Year Final Compensation calculation benefit.

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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PERS Highest Pension Calculation Compensation Period. The City shall continue to provide the Single Highest One Year Final Compensation Pension calculation benefit to current miscellaneous employees. Employees hired after March 19, 2012 shall receive the Three Year Final Compensation Pension calculation benefit.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

PERS Highest Pension Calculation Compensation Period. The City shall continue to provide the Single Highest One Year Final Compensation Pension calculation benefit to current miscellaneous employeesemployees hired prior to March 19, 2012. Employees hired after March 19, 2012 shall receive the Three Year Final Compensation calculation benefit.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

PERS Highest Pension Calculation Compensation Period. The City shall continue to provide the Single Highest One Year Final Compensation Pension calculation benefit to current miscellaneous employeesemployees hired prior to March 19, 2012. Employees hired after March 19, 2012 2012, shall receive the Three Year Final Compensation calculation benefit.

Appears in 1 contract

Samples: Memorandum of Understanding

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PERS Highest Pension Calculation Compensation Period. The City shall continue to provide the Single Highest One Year Final Compensation Pension calculation benefit to current miscellaneous employees. Employees hired after March 19, 2012 shall receive the Three Three-Year Final Compensation calculation benefit.

Appears in 1 contract

Samples: Memorandum of Understanding

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