PERS Contribution. As required by Government Code Section 7522.30, all bargaining unit members covered by this Section 6.1.3 shall pay, through payroll deductions, fifty percent (50%) of normal costs, 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 7 contracts
Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding