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Current Employees. Member must pay at least 1%, but not more than 5%. July 2012. Member must pay at least 2%, but not more than 5%. July 2013. Member must pay at least 3%, but not more than 5%. July 2014. Member must pay at least 4%, but not more than 5%. July 2015. July 2016.
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Current Employees • Member must pay at least 1%, but not more than 5% July 2012 • Member must pay at least 2%, but not more than 5% July 2013 • Member must pay at least 3%, but not more than 5% July 2014 • Member must pay at least 4%, but not more than 5% July 2015 July 2016 • Member must pay 5%
Example Member pays 1% Employer pays 4% Offsetting pay raise 1% 2012 Member pays 4% Employer pays 1% Offsetting pay raise 3% 2013 Member pays 5% Employer pays 0 Offsetting pay raise 1% 2014