Common use of Retirement Enhancement Clause in Contracts

Retirement Enhancement. Effective June 29, 2003, the County will implement the 2% at age 55½ plan for miscellaneous members, the 3% at age 50 plan for safety members, and employee purchase of prior service credits to a maximum of four (4) years. The election to purchase shall be open ended with the employee purchase of the employee’s share, County’s share, and accumulated interest.

Retirement Enhancement. Effective June 29, 2003, the County will implement the 2% at age 55½ plan for miscellaneous members, the 3% at age 50 plan for safety members, members and employee purchase of prior service credits to a maximum of four (4) years. The election to purchase shall be open ended with the employee purchase of the employee’s share, County’s share, and accumulated interest.

Retirement Enhancement. Effective June 29, 2003, the parties agree as follows: a. The County will implement the retirement enhancement plans of 3% at age 50 for safety members and 2% at age 55½ plan for miscellaneous members, the 3% at age 50 plan for safety members, and employee . b. Eligible employees will be permitted to purchase of prior public service credits up to a maximum of four (4) years. The election to purchase shall be open ended with the employee purchase of the employee’s employee‘s share, County’s County‘s share, and accumulated interest.

Retirement Enhancement. a. Effective June 29, 2003, the County will implement implemented the 2% at @ age 55½ 55 ½ plan for miscellaneous members, the 3% at age 50 plan for safety members, and employee purchase of prior service credits to a maximum of four (4) years. The election to purchase shall be open ended with the employee purchase of the employee’s share, County’s share, and accumulated interest.