Common use of Calendar Year 2010 Clause in Contracts

Calendar Year 2010. a. The District’s aggregate contribution of $930 million for CY 2009 shall be increased to $963 million, adjusted for increases or decreases in the number of active and PME/ME retiree benefited participants in November 2009, such increase to be effective with the commencement of CY 2010. This adjustment shall be computed as follows: i. The $33 million increase represents a 3.5484% increase over the CY 2009 $930 million unadjusted District contribution. ii. The 2009 PPCs are $9,041.51 per active and $13,580.22 and $6,440.04 per PME/ME retiree respectively. iii. Increase the PPC by 3.5484% = $9,362.34 for active benefited employees and $14,062.10 and $6,668.56 for PME/ME benefited retirees respectively. iv. Multiply the PPCs by the number of active employee and v. November 2009 BTS count and SHPS invoice as was done to set the PPCs for 2009. vi. The aggregate amount resulting from 2 (a) above shall be the District’s total contribution for CY 2010. b. The parties acknowledge that the adjustment to the District’s annual aggregate contribution will vary from year to year based on the number of active and PME/ME retired benefited employees who are part of the calculation set forth in 2 (a) above.

Calendar Year 2010. a. The District’s aggregate contribution of $930 million for CY 2009 shall be increased to $963 million, adjusted for increases or decreases in the number of active and PME/ME retiree benefited participants in November 2009, such increase to be effective with the commencement of CY 2010. This adjustment shall be computed as follows: i. The $33 million increase represents a 3.5484% increase over the CY 2009 $930 million unadjusted District contribution. ii. The 2009 PPCs are $9,041.51 per active and $13,580.22 and $6,440.04 per PME/ME retiree respectively. iii. Increase the PPC by 3.5484% = $9,362.34 for active benefited employees and $14,062.10 and $6,668.56 for PME/ME benefited retirees respectively. iv. Multiply the PPCs by the number of active employee andand PME/ME retiree benefited participants in a v. November 2009 BTS count and SHPS invoice as was done to set the PPCs for 2009. vi. The aggregate amount resulting from 2 (a) above shall be the District’s total contribution for CY 2010. b. The parties acknowledge that the adjustment to the District’s annual aggregate contribution will vary from year to year based on the number of active and PME/ME retired benefited employees who are part of the calculation set forth in 2 (a) above.