EPMC Sample Clauses
EPMC. Employer Paid Member Contributions (EPMC) - The City will add the EPMC benefit effective January 1, 2010. For any employee retiring after January 1, 2010, the City will report as “compensation” for retirement purposes the Employer Paid Member Contribution of 9%.
EPMC. The Employer Paid Member Contribution (EPMC) benefit for all Fire Safety Members will terminate and be eliminated on October 1, 2014. The City of Turlock will not provide EPMC to classic employees and new employees, as defined by AB 340, hired on or after January 1, 2013. Resolution No. 2007-298 shall be repealed and the attached resolution shall be adopted and effective October 1, 2014.
EPMC. Effective the first pay period in July 2018, or in the first full pay period following adoption of the agreement, whichever is later, the County will eliminate its remaining Employer Paid Member Contribution (EPMC) of .63% of an employee’s bi-weekly salary towards the employee’s retirement contribution.