Lower Reverse-Pick up Rate Means More Take-home Pay
Dear OCEA Member,
We want to remind you of some good news that will be reflected in your paycheck this month and then in November. Effective today, July 2, 2021, the employee contribution to the reverse-pick up portion of retirement, coded on your paystub as RET-CT PCKUP, will be reduced by 1%. You will see a modest increase to your take-home pay on your July 23, 2021 paycheck.
Additionally, on November 5, 2021, the negotiated 2% pay increase will become effective. You will see this pay increase on your November 26, 2021, paycheck. We will continue to fight for fair and equitable compensation and benefits you and your families deserve.
Have a safe and Happy 4th of July.
In Solidarity,
Charles Barfield
OCEA General Manager
Publication Date: July 2, 2021