Common use of MERS Plan Clause in Contracts

MERS Plan. The Employer offers the Municipal Employees Retirement System Benefit Plan B-3 to eligible employees hired on or before December 4, 2013. The Employer shall abide by the terms and conditions of the program with the Municipal Employees Retirement System. The entire bargaining unit must participate with the same percentage contribution of 13.07% for this Plan, and the Employee’s wages shall be reduced accordingly through payroll withholding deduction.

MERS Plan. The Employer offers the Municipal Employees Retirement System Benefit Plan B-3 to eligible employees hired on or before December 4, 2013B-3. The Employer shall abide by the terms and conditions of the program with the Municipal Employees Retirement System. The entire bargaining unit must participate with the same percentage contribution of 13.0711.87% for this Plan, and the Employee’s wages shall be reduced accordingly through payroll withholding deduction.