Common use of Retirement Formula Clause in Contracts

Retirement Formula. For Tier 2 members, as defined under Government Code Section 7522 et seq. and SBCERA bylaws, the applicable Retirement Formula shall be 2.7% at age 57.

Appears in 6 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Retirement Formula. For Tier 2 members, as defined under Government Code Section 7522 et seq. and SBCERA bylaws, the applicable Retirement Formula shall be 2.7% at age 57.. SALARY ADJUSTMENT‌ Section 1 – Across-the-Board Increases

Appears in 1 contract

Sources: Memorandum of Understanding