Common use of Public Employee Retirement System (PERS Clause in Contracts

Public Employee Retirement System (PERS. The District will continue to deduct, by a payroll deduction the employees PERS contribution on behalf of all eligible classified employees. 22.6.1 Employees may return to work after a mid-year retirement according to the PERS/OPSRP guidelines based upon their individual Tier or plan enrollment eligibility. Employees are responsible to monitor and track their own hours, in consultation with their retirement advisor, to avoid a payback penalty to the pension program. Post-retirement hour limitation compliance is not the responsibility of the District. Employees are responsible for tracking their own hours if working after retirement.

Public Employee Retirement System (PERS. The District will continue to deduct, by a payroll deduction deduction, the employees PERS contribution on behalf of all eligible classified employees. 22.6.1 Employees may return to work after a mid-year retirement according to the PERS/OPSRP guidelines based upon their individual Tier tier or plan enrollment eligibility. Employees are responsible to monitor and track their own hours, in consultation with their retirement advisor, to avoid a payback penalty to the pension program. Post-retirement hour limitation compliance is not the responsibility of the District. Employees are responsible for tracking their own hours if working after retirement.