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.

Appears in 3 contracts

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

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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.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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