Participation in the plan.
San José Municipal Code § 3.50.050
in effect3.50.050 - Participation in the plan.
A. Each PTC employee shall automatically become a participant of the Plan and make mandatory deferrals of part of their compensation, in the amount set forth in section 3.50.040, effective the first pay period.
B. Each period served by a person in the uniformed services shall, upon reemployment under the Uniformed Service Employment and Reemployment Act of 1994, as it may be amended from time to time (USERRA), be deemed to constitute service with the employer maintaining the Plan for the purpose of determining the accrual of benefits under the Plan, all to the extent required by and as provided under USERRA. Notwithstanding any provision in the Plan to the contrary, contributions, benefits and service credit with respect to qualified military service will be provided in accordance with Internal Revenue Code Section 414(u) for additional elective deferrals a participant can make upon return from qualified military service.
(Ords. 24061, 26541, 29137, 30536.)
Source: City of San José, Municipal Code (Municode Library, library.municode.com)URL: https://library.municode.com/ca/san_jose/codes/code_of_ordinances?nodeId=TIT3PE_IIREPL_CH3.50PTPL_3.50.050PAPLFetched: 11/1/2026