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<br />PLE/~SE DO NOT SIGN "EXHIBIT ONLY" <br /> <br />2. <br /> <br />Public Agency shall participate in the Public Employees' Retirement <br />System from and after July 1, 1941 making its employees as <br />hereinafter provided, members of said System subject to all provisions <br />of the Public Employees' Retirement Law except such as apply only <br />on election of a contracting agency and are not provided for herein <br />and to all amendments to said Law hereafter enacted except those, <br />which by express provisions thereof, apply only on the election of a <br />contracting agency. <br /> <br />3. <br /> <br />Employees of Public Agency in the following classes shall become <br />members of said Retirement System except such in each such class <br />as are excluded by law or this agreement: <br /> <br />a. <br /> <br />Local Fire Fighters (herein referred to as local safety <br />members); <br /> <br />b. <br /> <br />Local Police Officers (herein referred to as local safety <br />members); <br /> <br />c. <br /> <br />Employees other than local safety members (herein referred to <br />as local miscellaneous members). <br /> <br />4. <br /> <br />In addition to the classes of employees excluded from membership by <br />said Retirement Law, the following classes of employees shall not <br />become members of said Retirement System: <br /> <br />NO ADDITIONAL EXCLUSIONS <br /> <br />5. <br /> <br />The percentage of final compensation to be provided for each year of <br />credited prior and current service as a local miscellaneous member in <br />employment before and not on or after the effective date of this <br />amendment to contract shall be determined in accordance with <br />Section 21354 of said Retirement Law (2% at age 55 Full). <br /> <br />6. <br /> <br />The percentage of final compensation to be provided for each year of <br />credited prior and current service as a local miscellaneous member in <br />employment on or after the effective date of this amendment to <br />contract shall be determined in accordance with Section 21354.5 of <br />said Retirement Law (2.7% at age 55 Full). <br /> <br />7. <br /> <br />The percentage of final compensation to be provided for each year of <br />credited prior and current service as a local safety member shall be <br />determined in accordance with Section 21362.2 of said Retirement <br />Law (3% at age 50 Full). <br />