840 CMR 8.00: APPLICABILITY OF $30,000 SALARY CAP

8.03: Additional Two Percent Contribution

      Effective on the date that a system becomes uncapped, for each member of
the system to whom the $30,000 cap had applied an additional two percent of
that portion of regular compensation in excess of an annualized rate of $30,000
shall be withheld each payday. For such members paid weekly, for example,
two percent shall be withheld from all regular compensation in excess of
$576.92 per week.

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