New Members. As Defined By the Public Employees’ Pension Reform Act of 2013 (PEPRA)
New Members. For purposes of this section “New Member” is defined by PEPRA to be any of the following (statutory reference is to the California Government Code):
New Members as defined by XXXXX who are hired by the City on or after January 1, 2013 shall be entitled to the retirement formula set forth in PEPRA.
Examples of New Members in a sentence
Safety Employees Hired or Re-hired Before January 1, 2013, or who, under XXXXX, do not become New Members of CCCERA.
More Definitions of New Members
New Members. Effective the pay period including January 1, 2013, employees shall pay an amount that is equal to one half (1/2) the normal cost of his/hers CalPERS pension, or the current contribution rate of similarly situated employees, whichever is greater.
New Members. Definition New Members are as defined in the Public Employees’ Pension Reform Act of 2013 (PEPRA), Government Code Section 7522.04(f).
New Members as defined by XXXXX who are hired by the City on or after January 1, 2013 shall be entitled to the retirement formula set forth in PEPRA 23 6.1.3.1 2.0% at 62 Retirement Plan 23 6.1.3.2 PERS Contribution 23
New Members means those tenants who lawfully begin residence at the Project after the date of this Agreement. New Members never become Current Members.
New Members shall have the meaning set forth in Section 2.4.
New Members as Defined Under the Public Employees’ Pension Reform Act of 2013 (PEPRA): “New Members” as defined by XXXXX who are hired by the City on or after January 1, 2013 shall be entitled to the retirement formula set forth in PEPRA.