Retirement Buy Back. For employees who wish to purchase previous temporary and/or contract San Xxxxxxx County service under the provisions of Government Code Section 31641.5, the County shall assume responsibility for 50% of the amount of the contribution the employee is required to pay in order to be credited with such service. The amount assumed by the County shall not become part of the employee’s accumulated contributions and shall not be considered compensation for purposes of contributions to, or benefits from the San Xxxxxxx County Retirement Association.
Appears in 5 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Retirement Buy Back. For employees who wish to purchase previous temporary and/or contract San Xxxxxxx County service under the provisions of Government Code Section 31641.5, the County shall assume responsibility for 50% of the amount of the contribution the employee is required to pay in order to be credited with such service. The amount assumed by the County shall not become part of the employee’s accumulated contributions and shall not be considered compensation for purposes of contributions to, or benefits from the San Xxxxxxx County Retirement Association.
Appears in 3 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
Retirement Buy Back. For employees who wish to purchase previous temporary and/or contract San Xxxxxxx Joaquin County service under the provisions of Government Code Section 31641.5, the County shall assume responsibility for 50% of the amount of the contribution the employee is required to pay in order to be credited with such service. The amount assumed by the County shall not become part of the employee’s accumulated contributions and shall not be considered compensation for purposes of contributions to, or benefits from the San Xxxxxxx Joaquin County Retirement Association.Association.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Retirement Buy Back. For employees who wish to purchase previous temporary and/or contract San Xxxxxxx County service under the provisions of Government Code Section 31641.5, the County shall assume responsibility for 50% of the amount of the contribution the employee is required to pay in order to be credited with such service. The amount assumed by the County shall not become part of the employee’s accumulated contributions and shall not be considered compensation for purposes of contributions to, or benefits from the San Xxxxxxx County Retirement Association.Association.
Appears in 1 contract
Samples: Memorandum of Understanding
Retirement Buy Back. For employees who wish to purchase previous temporary and/or contract San Xxxxxxx County service under the provisions of Government Code Section 31641.5, the County shall assume responsibility for 50% of the amount of the contribution the employee is required to pay in order to be credited with such service. The amount assumed by the County shall not become part of the employee’s accumulated contributions and shall not be considered compensation for purposes of contributions to, or benefits from the San Xxxxxxx County Retirement Association.Association.
Appears in 1 contract
Samples: Memorandum of Understanding
