Retirement Pickup. 166. Effective July 1, 2007, rRepresented employees who are members of SFERS agree to pay their own employee retirement contribution to SFERS 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%) employee retirement contribution to SFERS.
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Samples: Memorandum of Understanding
Retirement Pickup. 166158. Effective July 1, 2007, rRepresented Represented employees who are members of SFERS agree to pay their own employee retirement contribution to SFERS in an amount equal to seven and one-half percent (7.5%) of covered gross salarySFERS. 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%) employee retirement contribution to SFERS.
Appears in 1 contract
Samples: Memorandum of Understanding
Retirement Pickup. 166195. Effective July 1, 2007, rRepresented Represented employees who are members of SFERS agree to pay their own employee retirement contribution to SFERS in an amount equal to seven and one-half percent (7.5%) of covered gross salarySFERS. 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%) employee retirement contribution to SFERS.
Appears in 1 contract
Samples: Memorandum of Understanding
Retirement Pickup. 166β 158. Effective July 1, 2007, rRepresented Represented employees who are members of SFERS agree to pay their own employee retirement contribution to SFERS in an amount equal to seven and one-half percent (7.5%) of covered gross salarySFERS. 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%) employee retirement contribution to SFERS.
Appears in 1 contract
Samples: Memorandum of Understanding