Common use of PERS MISCELLANEOUS EMPLOYEES Clause in Contracts

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.

Appears in 4 contracts

Samples: www.co.shasta.ca.us, www.co.shasta.ca.us, www.co.shasta.ca.us

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