Common use of Classic Miscellaneous Employees Clause in Contracts

Classic Miscellaneous Employees. The County will continue the present benefit contract with PERS for Classic Miscellaneous employees for the term of this Agreement. The County of Santa Clara's three percent (3%) increase in contribution to PERS for Classic Miscellaneous employees as a result of implementation of the 2% at 55 Plan as well as the existing employer payment of employee PERS contribution shall be reflected as part of the effective wages. Thus, the County is entitled to add 3% to the base wage for effective wage. Effective upon ratification by the Board of Supervisors, the Classic PERS Member shall pay the entire 8% PERS Member share contribution (7% is a new contribution plus the existing 1% contribution). The employee shall continue to pay the existing 2.931% on the employer share of PERS. Total Classic PERS Member paid contribution for PERS is 10.931%. The County will continue the present benefit contract with PERS for Classic Miscellaneous employees, which is the 2.5% at 55 Retirement Plan, as amended December 17, 2007. In consideration for continuing the 2.5% at 55 Retirement Plan, the Union agrees for each Classic Miscellaneous worker covered under this benefit to contribute to PERS, through payroll deduction, an amount equal to 3.931% of PERS reportable gross pay. The County will take action promptly to effectuate that the portion of PERS contribution paid for by the employee is done on a pre-tax basis, as allowed by law.