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10-28-19-R
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10-28-19-R
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10/25/2019 10:52:20 AM
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10/25/2019 10:36:27 AM
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City of Arden Hills Personnel Policy <br />Effective February 29, 2016 <br />Amended October 28, 2019 <br />PUBLIC EMPLOYEE'S RETIREMENT ASSOCIATION (PERA) <br />The city participates in the Public Employees Retirement Association (PERA) to provide <br />pension benefits for its eligible employees to help plan for a successful and secure retirement. <br />Participation in PERA is mandatory for most employees, and contributions into PERA <br />begin immediately. The city and the employee contribute to PERA each pay period as <br />determined by state law. Employees are also required to contribute a portion of each pay <br />check for Social Security and Medicare (the city matches the employee's Social Security <br />and Medicare withholding). For information about PERA eligibility and contribution <br />requirements visit their website at www.mnl2era.org <br />15 <br />
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