Common use of Required Employee Contribution Clause in Contracts

Required Employee Contribution. Members covered by this section 7.11.2 will contribute the employee contribution amount established by CalPERS for the 2.0% @ 60 Pension Formula. (The required employee contribution amount was 7% as of the date of this MOU): In the event employee contribution rates are adjusted by CalPERS during the term of this MOU, any increased employee contribution above 7% will be paid by employees when the CalPERS increase is effective.

Appears in 3 contracts

Samples: Service Employees, Service Employees, Service Employees

AutoNDA by SimpleDocs

Required Employee Contribution. Members covered by this section 7.11.2 7.9.1 will contribute the employee contribution amount established by CalPERS for the 2.03.0% @ 60 Pension Formula. (The CalPERS required employee contribution amount was 78% as of the date of this MOU): .) In the event employee contribution rates are adjusted by CalPERS during the term of this MOU, any increased employee contribution above 78% will be paid by employees when the CalPERS increase is effective.

Appears in 3 contracts

Samples: Service Employees, Service Employees, Service Employees

Required Employee Contribution. Members covered by this section 7.11.2 7.9.2 will contribute the employee contribution amount established by CalPERS for the 2.0% @ 60 Pension Formula. (The required employee contribution amount was 7% as of the date of this MOU): In the event employee contribution rates are adjusted by CalPERS during the term of this MOU, any increased employee contribution above 7% will be paid by employees when the CalPERS increase is effective.

Appears in 3 contracts

Samples: Service Employees, Service Employees, Service Employees

Required Employee Contribution. Members covered by this section 7.11.2 7.11.1 will contribute the employee contribution amount established by CalPERS for the 2.03.0% @ 60 Pension Formula. (The CalPERS required employee contribution amount was 78% as of the date of this MOU): In the event employee contribution rates are adjusted by CalPERS during the term of this MOU, any increased employee contribution above 78% will be paid by employees when the CalPERS increase is effective.

Appears in 3 contracts

Samples: Service Employees, Service Employees, Service Employees

Required Employee Contribution. Members covered by this section 7.11.2 will contribute the employee contribution amount established by CalPERS XxxXXXX for the 2.0% @ 60 Pension Formula. (The required employee contribution amount was 7% as of the date of this MOU): In the event employee contribution rates are adjusted by CalPERS XxxXXXX during the term of this MOU, any increased employee contribution above 7% will be paid by employees when the CalPERS increase is effective.

Appears in 2 contracts

Samples: Service Employees, Service Employees

Required Employee Contribution. Members covered by this section 7.11.2 7.11.1 will contribute the employee contribution amount established by CalPERS XxxXXXX for the 2.03.0% @ 60 Pension Formula. (The CalPERS required employee contribution amount was 78% as of the date of this MOU): In the event employee contribution rates are adjusted by CalPERS XxxXXXX during the term of this MOU, any increased employee contribution above 78% will be paid by employees when the CalPERS increase is effective.

Appears in 2 contracts

Samples: Service Employees, Service Employees

Required Employee Contribution. Members covered by this section 7.11.2 7.9.1 will contribute the employee contribution amount established by CalPERS XxxXXXX for the 2.03.0% @ 60 Pension Formula. (The CalPERS required employee contribution amount was 78% as of the date of this MOU): .) In the event employee contribution rates are adjusted by CalPERS XxxXXXX during the term of this MOU, any increased employee contribution above 78% will be paid by employees when the CalPERS increase is effective.

Appears in 1 contract

Samples: Service Employees

Required Employee Contribution. Members covered by this section 7.11.2 7.11.1 will contribute the employee contribution amount established by CalPERS for the 2.03.0% @ 60 Pension Formula. (The CalPERS required employee contribution amount was 78% as of the date of this MOU): In the event employee contribution rates are adjusted by CalPERS XxxXXXX during the term of this MOU, any increased employee contribution above 78% will be paid by employees when the CalPERS increase is effective.

Appears in 1 contract

Samples: Service Employees

AutoNDA by SimpleDocs

Required Employee Contribution. Members covered by this section 7.11.2 will contribute the employee contribution amount established by CalPERS for the 2.0% @ 60 Pension Formula. (The required employee contribution amount was 7% as of the date of this MOU): In the event employee contribution rates are adjusted by CalPERS XxxXXXX during the term of this MOU, any increased employee contribution above 7% will be paid by employees when the CalPERS increase is effective.

Appears in 1 contract

Samples: Service Employees

Required Employee Contribution. Members covered by this section 7.11.2 7.9.1 will contribute the employee contribution amount established by CalPERS for the 2.03.0% @ 60 Pension Formula. (The CalPERS required employee contribution amount was 78% as of the date of this MOU): .) In the event employee contribution rates are adjusted by CalPERS XxxXXXX during the term of this MOU, any increased employee contribution above 78% will be paid by employees when the CalPERS increase is effective.

Appears in 1 contract

Samples: Service Employees

Required Employee Contribution. Members covered by this section 7.11.2 7.9.2 will contribute the employee contribution amount established by CalPERS for the 2.0% @ 60 Pension Formula. (The required employee contribution amount was 7% as of the date of this MOU): In the event employee contribution rates are adjusted by CalPERS XxxXXXX during the term of this MOU, any increased employee contribution above 7% will be paid by employees when the CalPERS increase is effective.

Appears in 1 contract

Samples: Service Employees

Required Employee Contribution. Members covered by this section 7.11.2 7.9.2 will contribute the employee contribution amount established by CalPERS XxxXXXX for the 2.0% @ 60 Pension Formula. (The required employee contribution amount was 7% as of the date of this MOU): In the event employee contribution rates are adjusted by CalPERS XxxXXXX during the term of this MOU, any increased employee contribution above 7% will be paid by employees when the CalPERS increase is effective.

Appears in 1 contract

Samples: Service Employees

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!