California Public Agency Labor & Employment Blog

California Public Agency Labor & Employment Blog

Useful information for navigating legal challenges

Tag Archives: MOU

Guidance From CalPERS Sheds Light On Understanding The Public Employees’ Pension Reform Act: Determining An Impairment Of A Memorandum Of Understanding And A “Break In Service” For Lateral Hires

Posted in Retirement

Retirement Sign.jpgWhat Is An Impairment Of A Memorandum of Understanding (“MOU”)?

The Public Employees’ Pension Reform Act  (“PEPRA”) prohibits employers from paying any portion of a “new member’s” member contribution rate.  New member contribution is 50% of total normal cost.  CalPERS …