Members’ Contributions. A member shall not be required to contribute in each calendar year an amount which exceeds a maximum annual contribution determined as three times the maximum pension unit in respect of allowable service after January 1, 1990 applicable for the given calendar year. For the final year of contribution, the maximum contribution shall be equal to the maximum annual contribution multiplied by the number of months of allowable service recognized during the final year over 12.
Appears in 3 contracts
Sources: Collective Bargaining Agreement, Collective Agreement, Collective Bargaining Agreement