Tier Two. Ocean lifeguard safety employees in the bargaining unit hired on or after October 13, 2012 shall be enrolled in the Tier Two PERS safety retirement plan benefit formula of 3% at age 55 with final compensation to be calculated on the basis of the employee’s compensation for any consecutive thirty-six (36) months of employment.
Appears in 4 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding