Current through 2024, ch. 69
Section 10-11-55.11 - Municipal general member coverage plan 4; member contribution rateA member under municipal general member coverage plan 4 shall contribute fifteen and sixty-five hundredths percent of salary starting with the first full pay period in the calendar month in which municipal general member coverage plan 4 becomes applicable to the member, except that a member whose annual salary is greater than twenty-five thousand dollars ($25,000) shall contribute:
A. prior to July 1, 2022, seventeen and fifteen hundredths percent of salary;B. beginning July 1, 2022 and continuing through June 30, 2023, seventeen and sixty-five hundredths percent of salary;C. beginning July 1, 2023 and continuing through June 30, 2024, eighteen and fifteen hundredths percent of salary;D. beginning July 1, 2024 and continuing through June 30, 2025, eighteen and sixty-five hundredths percent of salary; andE. beginning July 1, 2025 and thereafter, nineteen and fifteen hundredths percent of salary. Laws 1998, ch. 106, § 5; 2013, ch. 225, § 45.Amended by 2020, c. 11,s. 26, eff. 7/1/2020.Amended by 2013, c. 225,s. 45, eff. 7/1/2013.