Common use of PERS Contribution Clause in Contracts

PERS Contribution. Each unit member shall pay the full member contribution to PERS equal to eight percent (8%) of the compensation paid the member for service rendered, with state and federal income tax on the PERS members contribution deferred to the extent permitted by Internal Revenue Code, 26 USC Section 414(h)(2).

Appears in 18 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

PERS Contribution. Each unit member shall pay the full member contribution to PERS equal to eight percent (8%) of the compensation paid the member for service rendered, with state and federal income tax on the PERS members contribution deferred to the extent permitted by Internal Revenue Code, 26 USC Section 414(h)(2).

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

PERS Contribution. Each unit member shall pay the full member contribution to PERS equal to eight �nine percent (8831%) of the compensation paid the member for service rendered, with state and federal income tax on the PERS members contribution deferred to the extent permitted by Internal Revenue Code, 26 USC Section 414(h)(2).. City of Oakland and SEIU Local 1021 Attach. C Tentative Agreement Article 6 - Retirement

Appears in 1 contract

Sources: Memorandum of Understanding

PERS Contribution. Each unit member shall pay the full member contribution to PERS equal to eight percent (8%) of the compensation paid the member for service rendered, with state and federal income tax on the PERS members contribution deferred to the extent permitted by Internal Revenue Code, 26 USC Section 414(h)(2).the

Appears in 1 contract

Sources: Memorandum of Understanding

PERS Contribution. Each unit member shall pay the full member contribution to PERS equal to eight ei§-hl-nine percent (8831%) of the compensation paid the member for service rendered, with state and federal income tax on the PERS members contribution deferred to the extent permitted by Internal Revenue Code, 26 USC Section 414(h)(2).

Appears in 1 contract

Sources: Memorandum of Understanding