Laserfiche WebLink
08/22/2011 <br /> \ <br /> Call'ERS <br /> EXHIBIT A <br /> California <br /> Public Employees' Retirement System <br /> AMENDMENT TO CONTRACT <br /> Between the <br /> Board of Administration <br /> California Publics Employees' Retirement System <br /> and the <br /> City Council <br /> City of Redwood City <br /> The Board of Administration, California Public Employees' Retirement System, <br /> hereinafter referred to as Board, and the governing body of the above public agency, <br /> hereinafter referred to as Public Agency, having °Meryl into a contract effective July 1, <br /> 1941, and witnessed July 11, 1941, and as amende6 effective July 1, 1954, August 1, <br /> 1959, January 1, 1967, April 1, 1969, July 1, 1971, September 1, 1971, September 28, <br /> 1973, December 1, 1976, November 1, 1976, July 1, 1979, February 1, 1980, March 13, <br /> 1989, August 23, 1990, February 13, 1992, January 14, 1993, June 22, 1998, October <br /> 14, 1999, November 21, 2001, May 6, 2002, July 14, 2003, June 28, 2004, July 10, <br /> 2006, January 22, 2007 and July 9, 2007 which provides for participation of Public <br /> Agency in said System, Board and Public Agency hereby agree as follows: <br /> A. Paragraphs 1 through 13 are hereby stricken from said contract as executed <br /> effective July 9, 2007, and hereby replaced by the following paragraphs <br /> numbered 1 through 16 inclusive: <br /> 1. All words and terms used herein which are defined in the Public <br /> Employees' Retirement Law shall have the meaning as defined therein <br /> unless otherwise specifically provided. "Normal retirement age- shall <br /> mean age 55 for local miscellaneous members entering membership In <br /> the miscellaneous classification on or prior to the effective date of this <br /> amendment to contract, age 60 for local miscellaneous members entering <br /> membership for the first time in the miscellaneous classification alter the <br /> effective date of this amendment to contract, age 50 for local safety <br /> members entering membership in the safety classification on or prior to <br /> the effective date of this amendment to contract and age 55 for local <br /> safety members entering membership for the first time in the safety <br /> classification after the effective date of this amendment to contract. <br /> RESO S 15140 <br /> MUFFS 904 <br />