PERS MISCELLANEOUS EMPLOYEES Sample Clauses

PERS MISCELLANEOUS EMPLOYEES. The County shall provide all current employees (hired prior to May 8, 2011) under PERS the 2% @ age 55 service retirement formula. Those hired after May 8, 2011, but prior to January 1, 2013, will be entered into the PERS 2% @ 60 retirement formula. The County shall pay the required employer contributions associated with this formula as determined by PERS. Employees hired on January 1, 2013 and thereafter shall be enrolled in the 2%@62 PERS formula as required by California state law.
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PERS MISCELLANEOUS EMPLOYEES. A. TIER ONE: Miscellaneous employees in the bargaining unit hired on or before October 12, 2012 are enrolled in the Tier One PERS retirement plan benefit formula of:  2.7% for each year of service at age 55.  Single highest year. Final compensation to be calculated on the basis of any consecutive one year period of employment for the employee.  1959 Level III Survivor benefits. Note: Tier one employees filing for retirement should be aware of Section 20042 of the California Public Employees’ Retirement Law. For Tier One employees’ “final compensation” means the consecutive twelve month period with highest average compensation. XxxXXXX typically assumes that the final twelve months of employment are the period of highest compensation, but the retiree is permitted to point out an alternative consecutive twelve month period as the highest earning period.
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PERS MISCELLANEOUS EMPLOYEES. The County shall provide all current eligible miscellaneous employees with the PERS the 2% @ age 55 service retirement formula. The County shall pay all of the employer contributions associated with this formula as determined by PERS. As soon as the County amends it contract with PERS, all employees newly hired after the effective date of that change shall be covered under the 2%@60 retirement formula.
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Related to PERS MISCELLANEOUS EMPLOYEES

  • Miscellaneous Leaves L31.1 Application for Miscellaneous Leave shall be made to the Executive Superintendent of Employee Services or designate. The Teacher shall notify the principal at the time the application is made and whenever possible shall make the application at least five days prior to the day for which the leave is requested.

  • MISCELLANEOUS BENEFITS This Agreement is not intended, and shall not be deemed to be in lieu of any rights, benefits, and privileges to which Employee may be entitled as an Employee of Bank under any retirement, pension, profit sharing, insurance, hospital, bonus, vacation, or other plan or plans which may now be in effect or which may hereafter be adopted by Bank, it being understood that Employee shall have the same rights and privileges to participate in such plans and benefits, as any other employee, during the period of his employment.

  • Miscellaneous Leave Leave with or without pay may be granted for the following purposes subject to the criteria set out below being met:

  • Miscellaneous Rules 1. The provisions of this Convention shall not be construed to restrict in any manner any exemption, allowance, credit or other deduction accorded:

  • Miscellaneous Services INSURER shall provide such other administrative support to the Fund as mutually agreed between INSURER and AIM or the Fund from time to time. INSURER shall, from time to time, relieve the Fund of other usual or incidental administration services of the type ordinarily borne by mutual funds that offer shares to individual members of the general public.

  • MISCELLANEOUS ITEMS Borrower shall deliver to Lender such other items, documents and evidences pertaining to the Line of Credit as may reasonably be requested by Lender.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

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