AgdaPkt 2007-02-12 - Laserfiche WebLink

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6.1 F Page 35 14.3 Citv's Contribution to Retirement Svstem The City shall pay the rate prescribed by the Public Employees' Retirement system for emptoyer contributions to the Public Empioyees' Retirement System in accordance with the rules and regulations governing such employer contributions. 14.4 Employee's Confiribution to Retirement System Effective Se�terr�ber 9, �y�9, eacn empioyee witi pay tt�e tmployee's Contribution to the Public Employees' Retirement System in accordance with the rules and regu[ations governing such contributions. 14.5 414(h)(2} Internat Revenue Service Code Effective September 1, 1999, the City shatl implement the provisions of 414(h)(2) for the term of this M.O.U., so long as those provisions [414(h}(2}] remain substantiatty the same, and so tong as there is no additional cost �.o the employer for this 414(h)(2) participation. In the event of such additional cost to the employer, the parties wi[l meet and confer regarding alternative provisions. SECTION 15. LAYDFF 15.1 Order of Layoff fn the event of a reduction of force, the emptoyee with the teast service in the classification effected shall be laid off first. 15.2 Order of Rehire An employee who is laid off shall be placed, for a period of one (1) year from the date of the empioyee's most recent tayoff, an a rehire list. In hiring for a vacant position in a classification, such rehire list shall take precedence over a[t other emptoyment lists and the tast employee laid off shatt be the first emp[oyee rehired until the rehire list of employees is exhausted; provided, however, that the emptayee hired from the rehire list is determined as capable, in the sole opinion of the City, by virtue of prior training and experience with the City of Redwood City to perform the work required in the classification in which the opening exists. 32