Ord84 1888 - Laserfiche WebLink

Browse Search

, "Exhibit A" AY.END¥ÆNT TO CON~RACT BET 'WEEN THE BOARD OF ADMlNISTRATION ! OF THE i PUBLIC EY~LOYEES' RETIREMENT SYSTEM ! AN D THE I CI TY COUNCIL t OF THE .; PLt CITY OF RED~OOD CITY ASE DO NO The Board of Administration, ~~~llees' Retirement System, herein- after referred to as Board, and 'the gover' -/BfteþJf above public agency, here- inafter referred to as Public Agency, having en e {}«to a contract effective July 1, 1941, and ~itnessed July 11, 1941 , and as amended effective July 1 , 1954, August 1, 1959, January 1, 1967, April 1, 1 969, July 1, 1971, September 1 , 1971, September 28, 1973, December 1, 1975, November 1, 1976, July 1, 1979, and Februáry 1, 1980, ~hich provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follo~s: I I I A. Paragraphs 1 through 10 are hereby stricken from said contract as executed effective February 1, 1980, and hereby replaced by the follo~lng paragraphs numbered 1 through 11 inclusive: . I 1 . All ~ords and terms used herein ~hich are defined in the Public Employ- . Retirement La~ shall have the meaning as defined therein unless ees otherwise specifically provided. "Normal retirement age " shall mean age 60 for local miscellaneous members and age 50 for local safety members. 2. Public Agency shall participate in the Public Employees . Retirement System from and after July 1, 1941 making its employees as hereinafter provided, members of said System subject to all provisionc f the Public Employees' Retirement La~ except such as apply only on election of a contracting agency and are not provided for herein and to all amendments to said Law hereaft&r enacted except those, which by, ex- press provisions thereof, apply on¡Y on the election of a contracting agency. 3. Employees of Public Agency in the follo~ing classes sL311 become mem- I bers of said Retirement System except such in each such class as are I excluded by law or this agreement: a. Local Firemen (herein referred to as.local safety members); b. Local Policemen (herein referreq to as local safety members); : c. Employees other than local safety members (herein referred to as local miscellaneous members). 4. In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not be- i come members of said Retirement System: NO ADDITIONAL EXCLUSIONS . -..". ,.-.. _'h.._