Retirement Enhancement. a. Effective June 29, 2003, the County implemented the 2% @ age 55 ½ plan 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.
Appears in 3 contracts
Retirement Enhancement. a. Effective June 29, 2003, the County implemented will implement the 2% @ at age 55 ½ 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.
Appears in 3 contracts
Retirement Enhancement. a. Effective June 29, 2003, the County implemented will implement the 2% @ age 55 ½ plan 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.
Appears in 2 contracts
Retirement Enhancement. a. Effective June 29, 2003, the County implemented will implement the 23% @ at age 55 ½ 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.
Appears in 2 contracts