Common use of Tier Three: PEPRA Retirement Tier Required For Safety Bargaining Unit Members Clause in Contracts

Tier Three: PEPRA Retirement Tier Required For Safety Bargaining Unit Members. Hired On Or After January 1, 2013 Effective January 1, 2013, this Section 48.5 (including subsections) shall apply to bargaining unit members who were hired on or after January 1, 2013 and who do not qualify for pension reciprocity as stated in Government Code Section 7522.02(c). 48.5.1 2% @ 50 – 2.7% @ 57 Pension Formula As required by Government Code Section 7522.25, the safety Option Plan Two (2% @ 50 – 2.7% @ 57) pension formula shall apply to bargaining unit members covered by this Section 48.5.

Tier Three: PEPRA Retirement Tier Required For Safety Bargaining Unit Members. Hired On Or After January 1, 2013 Effective January 1, 2013, this Section 48.5 36.5 (including subsections) shall apply to bargaining unit members who were hired on or after January 1, 2013 and who do not qualify for pension reciprocity as stated in Government Code Section 7522.02(c). 48.5.1 36.5.1 2% @ 50 – 2.7% @ 57 Pension Formula As required by Government Code Section 7522.25, the safety Option Plan Two (2% @ 50 – 2.7% @ 57) pension formula shall apply to bargaining unit members covered by this Section 48.536.5.