Section 10-11-84 - Municipal police member coverage plan 5; member contribution rateA member under municipal police member coverage plan 5 shall contribute sixteen and three-tenths percent of salary starting with the first full pay period in the calendar month in which municipal police member coverage plan 5 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 eight-tenths percent of salary;B. beginning July 1, 2022 and continuing through June 30, 2023, eighteen and three-tenths percent of salary;C. beginning July 1, 2023 and continuing through June 30, 2024, eighteen and eight-tenths percent of salary;D. beginning July 1, 2024 and continuing through June 30, 2025, nineteen and three-tenths percent of salary; andE. beginning July 1, 2025 and thereafter, nineteen and eight-tenths percent of salary.Laws 1987, ch. 253, § 84; 2013, ch. 225, § 65.Amended by 2020, c. 11,s. 41, eff. 7/1/2020.Amended by 2013, c. 225,s. 65, eff. 7/1/2013.