Public Employees Retirement System (PERS. The District shall "pick-up" the bargaining unit members' portion of PERS during the term of this contract, not to exceed 6% of the bargaining unit member's regular and extra duty salary.
Public Employees Retirement System (PERS. Employee Contribution to PERS shall be paid by the District, in accordance with Oregon Revised Statutes, for the duration of this Agreement.
Public Employees Retirement System (PERS. The following applies to those employees who were employed by the Air District on or before December 31, 2012 and to those employees who are otherwise eligible as ‘classic members’ as defined by CalPERS: 2% at 55 FULL RETIREMENT FORMULA: The District amended the PERS contract to implement the “2.0% at age 55 formula” effective July 22, 2002. Employees who began CalPERS membership at the Air District or another qualifying CalPERS agency on or after January 1, 2013 shall participate in the 2% at 62 FULL RETIREMENT FORMULA. In the event that any part of PEPRA which affects benefits described herein is amended or otherwise voided by action of the legislature, electorate or court of law, the parties shall immediately reopen negotiations concerning such provisions and shall bargain this provision in accordance with MMBA requirements.
Public Employees Retirement System (PERS. All regular full-time and eligible regular part-time employees assigned to a regularly scheduled position of three (3) hours or more per day and fifteen (15) or more hours per week are required to participate in a Public Employee's Retirement System (PERS) program toward which both the District and the employee must contribute. Employee contributions are made through regular payroll deductions. Participation in the State of Alaska retirement program is mandatory for all eligible District employees. Participation and benefits shall be subject to the terms and conditions established by PERS. Upon termination, any participant who does not achieve vested retirement status will be reimbursed his/her contribution, plus any interest that has accrued upon proper application to the State of Alaska Public Employees' Retirement System. For reports on retirement status and payments, inquiries should be addressed to: Department of Administration, Public Employees' Retirement System, Pouch XX, Xxxxxx, Xxxxxx 00000.
Public Employees Retirement System (PERS. Eligible employees are offered a Public Employees' Retirement System (PERS) program in accordance with State law. SECTION 600 EMPLOYMENT AND WORKING CONDITIONS 601 EMPLOYEES
Public Employees Retirement System (PERS. 1.4.1 Beginning with the pay period including July 1, 2012, employees defined as “Classic Members” shall pay the employees’ contribution toward their PERS retirement on a pre-taxed basis. The employees’ contribution is nine percent (9%) for safety members and eight percent (8%) for miscellaneous members. Employees defined as “New Members” shall pay a retirement contribution that is a percentage of salary in the amount of one-half of the County’s normal cost up to the amount allowed by statute.
Public Employees Retirement System (PERS. The County agrees to pay the PERS contribution, including the employer’s portion and the employee’s portion, in full, for all employees of the bargaining unit. The County agrees to pay any future increases required to be paid by the County as determined by the Legislature or the PERS Board.
Public Employees Retirement System (PERS. For each of the categories below, annual maximum compensation/contribution limits may apply. To the extent permitted by the Public Employees’ Retirement Law and applicable State and Federal tax laws, employee contributions shall be made on a pre-tax basis.
Public Employees Retirement System (PERS rate increases/decreases on and after July 1, 2016 will be split equally between the City and the employee. The Salary Table and the salary of each employee shall be considered automatically decreased by one-half (1/2) of any PERS increase and increased by one-half (1/2) of any PERS decrease.
Public Employees Retirement System (PERS. The City shall include eligible employees in the Public Employees’ Retirement System 2.5% at 55 plan, with the highest year and social security offset or the Public Employees’ Retirement System 2% at 60 plan, depending upon the employee’s hire date as provided below. Effective completion of the process required by CALPERS, the City will not pay a portion of an employee’s contribution to the applicable Public Employees’ Retirement System plan.
