RETIREMENT AND SOCIAL SECURITY. Unless specifically exempt under the Rules and Regulations of the Florida Retirement System, all full-time, part-time, and temporary personnel employed by the Board must participate in Social Security and the Florida Retirement System.
RETIREMENT AND SOCIAL SECURITY. Unless specifically exempt under the Rules and Regulations, Florida Retirement System, all full-time/part-time personnel employed by The School Board of Miami- Dade County, Florida must participate in Social Security and the Florida Retirement Program.
RETIREMENT AND SOCIAL SECURITY. All bargaining unit employees working in a position requiring six-hundred (600) or more hours per year must participate in the Illinois Municipal Retirement Fund (IMRF) and the Social Security program.
RETIREMENT AND SOCIAL SECURITY. Eligible employees may elect to participate in one of the following retirement plans:
RETIREMENT AND SOCIAL SECURITY. 14.1 During the term of this Agreement, all eligible employees shall continue to participate in the Washington State Public Employees Retirement System (PERS) in accordance with and subject to the provisions of the statutes of the State of Washington now applicable or as they may hereafter be amended.
RETIREMENT AND SOCIAL SECURITY. A. The City provides part-time employees who work less than 1,000 hours per fiscal year retirement benefits through Public Agency Retirement System (PARS). For employees hired prior to July 1, 1996, the City pays 50% of the employee's 7.5% contribution into PARS. The City also pays the administrative fees. Part-time employees hired after July 1, 1996, pay the full employee contribution of 7.5%.
RETIREMENT AND SOCIAL SECURITY. The City will provide retirement benefits through the California Public Employees' Retirement System (CalPERS). The City does not participate in the Social Security System, except as required by law. The use of the terms “classic” member and “new” member shall be as defined in the California Public Employees’ Pension Reform Act of 2013 (PEPRA) and those rules and regulations adopted by CalPERS to implement PEPRA.
RETIREMENT AND SOCIAL SECURITY. Upon employment with the City of East Lansing, eligible employees are automatically covered by Social Security with required payroll deductions. Each regular, full-time employee covered by this agreement becomes a member of the City’s retirement system. The city belongs to the Michigan Municipal Employees Retirement System. Employees covered by this agreement receive benefit C-1 with a waiver of Section 47(f). Employees may retire at age fifty-five (55) with twenty-five (25) years of service or at age sixty (60) with (10) years of service. Effective July 4, 1983, the contribution made by employees of the bargaining unit to the retirement system will be made by the City. Effective July 1, 2011, all employees receiving the aforementioned defined benefit retirement plan shall make a mandatory one percent (1%) wage contribution annually (contributions shall be deducted throughout the year through payroll deduction). Effective July 1, 1987, employees of this bargaining unit will be covered by retirement benefit B-1 with a waiver of section 47(f). Effective July 1, 1990, the City agrees to add the F-50 benefit with 25 years of service at City expense. Effective January 1, 1992, the City agrees to add the C-2 with B-1 at City expense. Effective January 1, 1994, the City agrees to add the B-3 benefit at City expense. Effective May 1, 2001, the City agrees to add the FAC-3 benefit at City expense. Effective July 1, 2011, all new employees will be enrolled in the MERS Hybrid Retirement Plan. Hybrid Retirement Plan
RETIREMENT AND SOCIAL SECURITY a. Classic Members - Hired Before January 1, 2013:
RETIREMENT AND SOCIAL SECURITY. The City will provide retirement benefits through the Public Employees’ Retirement System. The City does not participate in the Social Security System. The use of the terms “classic member” and “new member” shall be as defined in the Public Employee Pension Reform Act of 2013 (PEPRA) and those rules and regulations adopted by CalPERS to implement PEPRA. “Classic members” are those members who entered into membership with a retirement system on or before December 31, 2012 who do not meet the definition of “new member” in Government Code section 7522.04(f). A “new member” is defined in Government Code section 7522.04(f) as any of the following:
