Public Employees’ Pension Reform Act. (PEPRA) Employees hired on or after January 1, 2013, who are new members to CalPERS shall receive the new miscellaneous retirement formula of 2 percent at 62 pension benefits in accordance with California Government Code section 7522 (PEPRA).
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Public Employees’ Pension Reform Act. (PEPRA) Employees hired on or after January 1, 2013, 2013 who are new members to CalPERS shall receive the new miscellaneous retirement formula of 2 percent at 62 pension benefits in accordance with California Government Code section 7522 (PEPRA).
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
