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6.K. - Page 52 of 190 <br />16.4 Benefits During Layoff <br />During the one (1) year on a rehire list, the employee shall not accrue any <br />benefits, including, but not limited to, vacation, sick leave, holidays, medical, <br />dental, life insurance and uniform allowance. Any employee reemployed from <br />the rehire list shall return to all vacation and sick leave accrual rates for which <br />the employee was eligible at the time of layoff. <br />16.5 Length of Service <br />The department shall keep an up-to-date length of service list of all employees <br />covered by this MOU, and post the length of service list in a conspicuous place. <br />This provision is for the convenience of the parties and in case of any disputes <br />concerning the accuracy of the posted list, the grievance procedure may be <br />utilized. <br />SECTION 17 - RETIREMENT <br />17.1 Retirement Plan <br />Tier One: For employees hired prior to October 24, 2011, retirement benefits <br />shall be those established by the Public Employees' Retirement System (PERS) <br />for Local Safety Members Three Percent (3%) at Age Fifty (50) Formula. <br />Tier Two: For employees hired on or after October 24, 2011, who do not <br />uali as new members" under Government Code Section 7522.04(0,, <br />retirement benefits shall be those established by the Public Employees' <br />Retirement System (PERS) for Local Safety Members Three Percent (3%) at <br />Age Fifty -Five (55) Formula. <br />Tier Three: For employees hired on or after January 1, 2013 and who meet <br />the definition of "new member" as set forth in Government Code Section <br />7522.04-(f) the City will provide the CalPERS two percent (2%) at age 50 <br />increasing to two and seven -tenths percent (2.7`10) at age 57 retirement <br />formula in accordance with Government Code Section 752225-(d), based on <br />the average of three years of employment, in accordance with Government <br />Code Section 7522.32. <br />41 <br />295 <br />.a ___w _.. _� _�. <br />_. a -- - - <br />-.r..-... a n w <br />- • a a • - 1 - <br />a <br />• - � • i a . <br />41 <br />295 <br />