retirement benefit

PADRE DAM BOARD APPROVES NEW MEMORANDUMS OF UNDERSTANDING WITH EMPLOYEES’ ASSOCIATIONS

 
April 20, 2012 (Santee) -- The Padre Dam Municipal Water District’s Board of Directors approved new Memorandum’s of Understanding (MOU) between the District and the Padre Dam Employees’ Association (PDEA) and the Mid-Management and Confidential Association (MMCA) today. The new MOUs will facilitate a significant change, requiring employees’ to pay a larger portion into the California Public Employees’ Retirement System (CalPERS) among other items that will save ratepayer dollars.

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