Common use of RETIREMENT AND VEBA Clause in Contracts

RETIREMENT AND VEBA. ‌ 12.1 Pursuant to City Ordinance as cited in the Seattle Municipal Code, eligible employees shall be covered by the Seattle City Employees Retirement System (SCERS). 12.1.1 Effective January 1, 2017, consistent with Ordinance No. 78444, as amended, the City shall implement a defined benefit plan, SCERS II, for employees hired on or after January 1, 2017.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

RETIREMENT AND VEBA. ‌ 12.1 A. Pursuant to City Ordinance 78444 as cited in the Seattle Municipal Codeamended, eligible employees shall be covered by the Seattle City Employees Retirement System (SCERS)System. 12.1.1 B. Effective January 1, 2017, consistent with Ordinance No. 78444, as amended, the City shall implement a new defined benefit plan, retirement plan (SCERS II, ) for new employees hired on or after January 1, 2017.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

RETIREMENT AND VEBA. 12.1 Pursuant to City Ordinance as cited in the Seattle Municipal Code, eligible employees shall be covered by the Seattle City Employees Retirement System (SCERS). 12.1.1 Effective January 1, 2017, consistent with Ordinance No. 78444, as amended, the City shall implement a defined benefit plan, SCERS II, for employees hired on or after January 1, 2017.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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