Common use of ADDITIONAL PERS OPTION Clause in Contracts

ADDITIONAL PERS OPTION. The District’s current contract with CalPERS (“PERS”) permits employees to purchase the following service credit options: Public Service Credit for California Senate Fellows, Assembly Fellowship, Executive Fellowship, or Judicial Administration Fellowship Programs; Public Service Credit for Periods of Layoff, Public Service Credit for Peace Corps, AmeriCorps VISTA, or AmeriCorps Service; and up to four (4) years of service credit for any continuous active military service prior to employment with BART pursuant to Government Code Section 20930.3. The employee will bear all costs for these PERS options. If PERS does not offer Long Term Care Insurance, the District shall provide employees with an option to purchase, at employees’ expense, Long Term Care Insurance outside of PERS.

ADDITIONAL PERS OPTION. The District’s current District will amend its PERS contract with CalPERS (“PERS”) permits to permit employees to purchase the following service credit options: Public Service Credit for California Senate Fellows, Assembly Fellowship, Executive Fellowship, or Judicial Administration Fellowship Programs; Public Service Credit for Periods of Layoff, Public Service Credit for Peace Corps, AmeriCorps VISTA, or AmeriCorps Service; and up to four (4) years of service credit for any continuous active military service prior to employment with BART pursuant to Government Code Section 20930.3. The employee will bear all costs for these PERS options. If PERS does not offer Long Term Care Insurance, the District shall provide employees with an option to purchase, at employees’ employees‟ expense, Long Term Care Insurance outside of PERS.