Common use of Tier 1 Retirement Clause in Contracts

Tier 1 Retirement. 8.2.1 A pension enhancement of 3% @ 50, Single Highest Year, with a 90% benefit cap, was established effective December 31, 2006, for all of the sworn Law Enforcement and supervisory sworn law enforcement unit employees.

Tier 1 Retirement. 8.2.1 A Effective December 31, 2006, a pension enhancement of 3% @ 5055, Single Highest Year, with a 90% benefit cap, cap was established effective December 31, 2006, for all safety (non-sworn) members of the sworn Law Enforcement and supervisory sworn law enforcement unit employeesthis unit.