Common use of PERS Member Contribution Clause in Contracts

PERS Member Contribution. a. Employees in all represented classes in Pension Groups A and B described above will make the 9% PERS member contributions by payroll deduction. b. Employees in all represented classes in Pension Group C described above shall pay the employee contribution required by the Public Employees’ Pension Reform Act, currently calculated at fifty percent (50%) of the normal cost. c. When employees pay their PERS Member Contribution pursuant to section 3a and 3b above, the City will provide for member contributions to be made as allowed under provisions of IRS Code Section 414(h)(2).

PERS Member Contribution. a. 21.3.1 - All Employees in all represented classes in Pension Groups A and B described above will make the 9% PERS member contributions by payroll deduction. b. 21.3.2 - All Employees in all represented classes in Pension Group C described above shall will pay the employee contribution required by the Public Employees’ Pension Reform ActXXXXX, currently calculated at fifty percent (50%) subject to all provisions of the normal costthat law. c. 21.3.3 - When employees pay their PERS Member Contribution Contributions pursuant to section 3a sections 21.3.1 and 3b 21.3.2 above, the City Employer will provide for member contributions to be made as allowed under provisions of IRS Code Section 414(h)(2).