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11 <br />13.3.2 Cost Sharing for Members in Retirement Tier 3 (2.7%@57) <br /> <br />A. 10% Cost Sharing Under 20516 (f) <br />In accordance with Section 20516(f) of the Government Code, each unit <br />member shall pay ten percent (10%) of pensionable compensation toward the <br />employer cost of retirement, in addition to paying their full member contribution <br />required by CalPERS of 50% of normal costs. <br /> <br />B. 6% Cost Sharing Under 20516 (f), Effective October 1, 2017 <br />Effective October 1, 2017, In accordance with Section 20516(f) of the <br />Government Code, each unit member shall pay six percent (6%) of pensionable <br />compensation toward the employer cost of retirement, in addition to paying their <br />full member contribution required by CalPERS of 50% of normal costs. The cost <br />sharing described in this paragraph shall be implemented outside of a CalPERS <br />contract amendment as authorized by Government Code Section 20516(f), and <br />shall extend beyond the expiration of this Agreement and establish the status <br />quo for purposes of future negotiations. <br /> <br />13.3.3 <br /> All such employee contributions toward employer cost of retirement will be <br />made on a pre-tax basis in accordance with Section 414(h)(2) of the Internal <br />Revenue Code, as permitted by law. Employee contributions made pursuant to <br />Government Code Section 20516(f) shall not be credited to the employee <br />account at CalPERS and shall not be reimbursed to the contributor by the City <br />at any time for any reason. <br /> <br />13.4 All Provisions Subject to Requirements of Law <br />The City is required to comply with all requirements of law governing the CalPERS <br />retirement program, including, but not limited to eligibility and reporting requirements. In <br />implementing this MOU and related practices, the City will comply with the requirements of <br />law, and those legal requirements prevail over any inconsistent prior practices or prior <br />resolutions. <br /> <br /> <br />ARTICLE 14 <br /> <br />PAY <br /> <br />14.1 Pay Period <br /> <br />COA unit employees shall be paid bi-weekly on Fridays. <br /> <br />There is a mandatory direct deposit program for all COA unit members. <br /> <br />14.2 Salary Increases <br /> <br />14.2.1 Effective February 6, 2017, there will be a three percent (3%) cost of living <br />increase for all classifications represented by COA, contingent on ratification of <br />the Tentative Agreement and Council approval for a successor Memorandum of <br />Understanding by March 1, 2017. This increase shall apply only to employees in <br />6.3.B. - Page 92