Common use of EMPLOYEE CONTRIBUTION AMOUNT Clause in Contracts

EMPLOYEE CONTRIBUTION AMOUNT. The City and the Union agree that the City shall withhold a mandatory contribution amount equivalent to one percent (1%) of the monthly base pay of Step E Captain (fifty-six (56) Hour) per month (i.e., one- hundred thirty-nine dollars twelve cents ($139.12) for FY2023), plus an additional contribution based on years of service in accordance with Table C-1 below on a pre-tax basis from the pay of every employee in the Defined Class and shall transmit such contributions to the Trust pursuant to the requirements in Part G below. Years of service shall be inclusive of enrollment in CalPERS, United States Forestry Service, United States Military Service, CERL-1937 Act, and/or other municipal pension system. No Employee in the Defined Class shall be permitted to opt-out of the mandatory contributions or receive any portion of the contribution in cash. Employee contributions will be made on a bi-weekly per pay period basis in the amount of sixty-four dollars twenty-one cents ($64.21)*, plus an additional contribution based on years of service. The Union has determined that the contributions to the plan shall be per pay period as follows: Table C-1. Years of Service Biweekly Employee Contribution (1% of Step E Captain*) Additional Biweekly Employee Contribution Total Biweekly Employee Contribution* Total Monthly Employee Contribution* 0-10 $64.21 - $64.21 $139.12 11-20 $64.21 $25.00 $89.21 $193.29 21-22 $64.21 $50.00 $114.21 $247.45 23-24 $64.21 $75.00 $139.21 $301.62 25-26 $64.21 $100.00 $164.21 $355.79 27-28 $64.21 $125.00 $189.21 $409.96 29+ $64.21 $150.00 $214.21 $464.12

EMPLOYEE CONTRIBUTION AMOUNT. The City and the Union agree that the City shall withhold a mandatory contribution amount equivalent to one percent (1%) of the monthly base pay of Step E Captain (fifty-six (56) Hour) per month (i.e., one- one-hundred thirty-nine dollars twelve cents ($139.12) for FY2023), plus an additional contribution based on years of service in accordance with Table C-1 below on a pre-tax basis from the pay of every employee in the Defined Class and shall transmit such contributions to the Trust pursuant to the requirements in Part G below. Years of service shall be inclusive of enrollment in CalPERS, United States Forestry Service, United States Military Service, CERL-1937 Act, and/or other municipal pension system. No Employee in the Defined Class shall be permitted to opt-out of the mandatory contributions or receive any portion of the contribution in cash. Employee contributions will be made on a bi-weekly per pay period basis in the amount of sixty-four dollars twenty-one cents ($64.21)*, plus an additional contribution based on years of service. The Union has determined that the contributions to the plan shall be per pay period as follows: Table C-1. Years of Service Biweekly Employee Contribution (1% of Step E Captain*) Additional Biweekly Employee Contribution Total Biweekly Employee Contribution* Total Monthly Employee Contribution* 0-10 $64.21 - $64.21 $139.12 11-20 $64.21 $25.00 $89.21 $193.29 21-22 $64.21 $50.00 $114.21 $247.45 23-24 $64.21 $75.00 $139.21 $301.62 25-26 $64.21 $100.00 $164.21 $355.79 27-28 $64.21 $125.00 $189.21 $409.96 29+ $64.21 $150.00 $214.21 $464.12