Common use of Back Drop Pension Benefit Clause in Contracts

Back Drop Pension Benefit. The provisions of this section shall apply to any 20 employee whose application to retire is filed and effective after January 1, 21 2001 and to any employee whose last period of continuous membership in the 22 Employees’ Retirement System began before June 19, 2007; but shall not 23 apply to any member of the Employee Retirement System who is eligible for a 24 deferred pension benefit under 201.24(4.5). Nor shall this provision apply to 25 any employee whose membership in the Employees’ Retirement System 26 began on or after June 19, 2007. Upon retirement, an eligible employee may 27 opt for a “back drop” pension benefit as follows:

Back Drop Pension Benefit. The provisions of this section shall apply to any employee 20 employee whose application to retire is filed and effective after January 1, 21 2001 and to any employee 21 whose last period of continuous membership in the 22 Employees’ Retirement System began before 22 June 19, 2007; but shall not 23 apply to any member of the Employee Retirement System who is 23 eligible for a 24 deferred pension benefit under 201.24(4.5). Nor shall this provision apply to 25 any 24 employee whose membership in the Employees’ Retirement System 26 began on or after June 19, 25 2007. Upon retirement, an eligible employee may 27 opt for a “back drop” pension benefit as 26 follows:

Back Drop Pension Benefit. 8 The provisions of this section shall apply to any 20 employee whose 9 application to retire is filed and effective after January 1, 21 2001 and to any employee whose 10 last period of continuous membership in the 22 Employees’ Retirement 11 System began before June 19November 4, 20072005; but shall not 23 apply to any 12 member of the Employee Retirement System who is eligible for a 24 deferred 13 pension benefit under 201.24(4.5). Nor shall this provision apply to 25 any 14 employee whose membership in the Employees’ Retirement System 26 began 15 on or after June 19November 4, 20072005. Upon retirement, an eligible employee 16 may 27 opt for a “back drop” pension benefit as follows:

Back Drop Pension Benefit. The provisions of this section shall apply to any 20 employee whose application to retire is filed and effective after January 1, 21 2001 and to any employee whose last period of continuous membership in the 22 Employees’ Retirement System began before June 19, 2007; but shall not 23 apply to any member of the Employee Retirement System who is eligible for a 24 deferred pension benefit under 201.24(4.5). Nor shall this provision apply to 25 any employee whose membership in the Employees’ Retirement System 26 began on or after June 19, 2007. Upon retirement, an eligible employee may 27 opt for a “back drop” pension benefit as follows: