– Port of Seattle Firefighter’s Retirement Fund Sample Clauses

– Port of Seattle Firefighter’s Retirement Fund. The Port agrees to sponsor the Port of Seattle Firefighter’s Retirement Fund, which will be directed by representative(s) of the Port and Union, and to contribute the following: The above rate shall be one dollar and fifteen cents ($1.15). The Port shall contribute six and two tenths percent (6.2%) of the Taxable Wage Base on behalf of the members of the bargaining unit up to the annual maximum limits for Social Security to the Port of Seattle Firefighter’s Retirement Fund, in lieu of Social Security. If the percentage contribution for Social Security changes during the term of this agreement, the Port’s percentage contributions to the Fund would change accordingly.
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