Common use of Retirement Fund Clause in Contracts

Retirement Fund. The Employer shall assume the cost of each Bargaining Unit member's contribution to the Michigan Public School Employees Retirement Fund. Employees eligible for retirement benefits may elect to participate in the Optional Retirement Plan.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Retirement Fund. The Employer shall assume the cost of each Bargaining Unit member's ’s contribution to the Michigan Public School Employees Retirement FundFund as required by law. Employees Effective June 1, 1998, employees eligible for retirement benefits may elect to participate in the Optional Retirement Plan.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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