Common use of Retirement Payments Clause in Contracts

Retirement Payments. The SFERS shall process and pay retirement claims in the following manner: BENEFIT PROCESSING TIME Initial monthly 60 days maximum retirement allowance 90% within 60 days Withdrawal of 6 weeks maximum contributions 85% paid in 30 days Death benefit 30 days maximum 90% paid within 30 days of filing appropriate papers 366. Represented employees agree to pay their own employee retirement contribution to SFERS. For employees who became members of SFERS prior to November 2, 1976 (Charter Section A8.509 Miscellaneous Plan), the City shall pick up one-half percent (0.5%) of the total employee retirement contribution.

Appears in 5 contracts

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

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Retirement Payments. 400. The SFERS shall process and pay retirement claims in the following manner: BENEFIT PROCESSING TIME Initial monthly 60 days maximum retirement allowance 90% within 60 days Withdrawal of 6 weeks maximum contributions 85% paid in 30 days Death benefit 30 days maximum 90% paid within 30 days of filing appropriate papers 366401. Represented employees agree to pay their own employee retirement contribution to SFERS. For employees who became members of SFERS prior to November 2, 1976 (Charter Section A8.509 Miscellaneous Plan), the City shall pick up one-half percent (0.5%) of the total employee retirement contribution.

Appears in 4 contracts

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

Retirement Payments. 330. The SFERS shall process and pay retirement claims in the following manner: BENEFIT PROCESSING TIME Initial monthly 60 days maximum retirement allowance 90% within 60 days Withdrawal of 6 weeks maximum contributions 85% paid in 30 days Death benefit 30 days maximum 90% paid within 30 days of filing appropriate papers 366331. Represented All employees agree to pay their own employee covered by this Agreement shall be placed into a full retirement contribution to SFERS. For employees who became members of SFERS prior to November 2, 1976 (Charter Section A8.509 Miscellaneous Plan)status — i.e., the City shall pick up one-half percent (0.5%) of each employee’s required contribution to the total employee retirement contributionsystem.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Labor Contract

Retirement Payments. 374. The SFERS shall process and pay retirement claims in the following manner: BENEFIT PROCESSING TIME Initial monthly 60 days maximum retirement allowance 90% within 60 days Withdrawal of 6 weeks maximum contributions 85% paid in 30 days Death benefit 30 days maximum 90% paid within 30 days of filing appropriate papers 366375. Represented employees agree to pay their own employee retirement contribution to SFERS. For employees who became members of SFERS prior to November 2, 1976 (Charter Section A8.509 Miscellaneous Plan), the City shall pick up one-half percent (0.5%) of the total employee retirement contribution.

Appears in 2 contracts

Samples: Memorandum of Understanding (Mou), Memorandum of Understanding (Mou)

Retirement Payments. The SFERS shall process and pay retirement claims in the following manner: BENEFIT PROCESSING TIME Initial monthly 60 days maximum retirement allowance 90% within 60 days Withdrawal of 6 weeks maximum contributions 85% paid in 30 days Death benefit 30 days maximum 90% paid within 30 days of filing appropriate papers 366. Represented employees agree to pay their own employee retirement contribution to SFERS. For employees who became members of SFERS prior to November 2, 1976 (Charter Section A8.509 Miscellaneous Plan), the City shall pick up one-half percent (0.5%) of the total employee retirement contribution.papers

Appears in 1 contract

Samples: Collective Bargaining Agreement

Retirement Payments. The SFERS shall process and pay retirement claims in the following manner: BENEFIT PROCESSING TIME Initial monthly 60 days maximum retirement allowance 90% within 60 days Withdrawal of 6 weeks maximum contributions 85% paid in 30 days Death benefit 30 days maximum 90% paid within 30 days of filing appropriate papers 366430. Represented Effective July 1, 2006, rRepresented employees agree to pay their own employee retirement contribution to SFERSSFERS in an amount equal to seven and one-half percent (7.5%) of covered gross salary. For employees who became members of SFERS prior to November 2, 1976 (Charter Section A8.509 Miscellaneous Plan), the City shall pick up the remaining one-half percent (0.5%) of the total eight percent (8.0%) employee retirement contribution.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Retirement Payments. The SFERS shall process and pay retirement claims in the following manner: BENEFIT PROCESSING TIME Initial monthly 60 days maximum retirement allowance 90% within 60 days Withdrawal of 6 weeks maximum contributions 85% paid in 30 days Death benefit 30 days maximum 90% paid within 30 days of filing appropriate papers 366400. Represented employees agree to pay their own employee retirement contribution to SFERS. For employees who became members of SFERS prior to November 2, 1976 (Charter Section A8.509 Miscellaneous Plan), the City shall pick up one-half percent (0.5%) of the total employee retirement contribution.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Retirement Payments. The SFERS shall process and pay retirement claims in the following manner: BENEFIT PROCESSING TIME Initial monthly 60 days maximum retirement allowance 90% within 60 days Withdrawal of 6 weeks maximum contributions 85% paid in 30 days Death benefit 30 days maximum 90% paid within 30 days of filing appropriate papers 366421. Represented employees agree to pay their own employee retirement contribution to SFERS. For employees who became members of SFERS prior to November 2, 1976 (Charter Section A8.509 Miscellaneous Plan), the City shall pick up one-half percent (0.5%) of the total employee retirement contribution.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Retirement Payments. The SFERS shall process and pay retirement claims in the following manner: BENEFIT PROCESSING TIME Initial monthly 60 days maximum retirement allowance 90% within 60 days Withdrawal of 6 weeks maximum contributions 85% paid in 30 days Death benefit 30 days maximum 90% paid within 30 days of filing appropriate papers 366380. Represented employees agree to pay their own employee retirement contribution to SFERS. For employees who became members of SFERS prior to November 2, 1976 (Charter Section A8.509 Miscellaneous Plan), the City shall pick up one-half percent (0.5%) of the total employee retirement contribution.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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