Common use of Optional Retirement Benefits for Employees Hired Before May 28, 1992 Clause in Contracts

Optional Retirement Benefits for Employees Hired Before May 28, 1992. Effective July 1, 1996, employees who were hired prior to May 28, 1992, may elect to retire under the provisions of Section 5 of this Article. Once such an election is made, it is irrevocable. The City will arrange to modify the pension ordinances to reflect the availability of this option.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

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