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Ord01 2210
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Ord01 2210
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Last modified
10/11/2019 2:58:06 PM
Creation date
10/11/2019 2:58:05 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Ordinance
Agency Type
City Council
Date
6/25/2001
Description
ORDINANCE APPROVING AND AUTHORIZING EXECUTION OF AMENDMENT TO AGREEMENT BETWEEN THE CITY OF REDWOOD CITY AND THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO PROVIDE GOVERNMENT CODE SECTION 20042 (ONE-YEAR FINAL COMPENSATION) FOR LOCAL MISCELLANEOUS MEMBERS
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3. Employees of Public Agency in the following classes shall become <br /> members of said Retirement System except such in each such class as <br /> are excluded by law or this agreement: <br /> <br /> a. Local Fire Fighters (herein referred to as local safety members); <br /> <br /> b. Local Police Officers (herein referred to as local safety members); <br /> <br /> c. Employees other than local safety members (herein referred to as <br /> local miscellaneous members). <br /> <br />4. In addition to the classes of employees excluded from membership by <br /> said Retirement Law, the following classes of employees shall not become <br /> members of said Retirement System: <br /> <br /> NO ADDITIONAL EXCLUSIONS <br /> <br />5. The percentage of final compensation to be provided for each year of <br /> credited prior and current service as a local miscellaneous member shall <br /> be determined in accordance with Section 21354 of said Retirement Law <br /> (2% at age 55 Full). <br /> <br />6. 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 of said Retirement Law (2% <br /> at age 50 <br /> <br />7. Public Agency elected and elects to be subject to the following optional <br /> provisions: <br /> <br /> a. Section 21573 (Third Level of 1959 Survivor Benefits). <br /> <br /> b. Sections 21624 and 21626 (Post-Retirement Survivor Allowance) <br /> for local safety members only. <br /> <br /> c. Section 20425 ("Local Police Officer" shall include employees of a <br /> police department who were employed to perform identification or <br /> communication duties on August 4, 1972 and who elected to be <br /> local safety members). <br /> <br /> d. Section 21222.1 (One-Time 5% Increase - 1970). Legislation <br /> repealed said Section effective January 1, 1980. <br /> <br /> e. Section 21222.2 (One-Time 5% Increase - 1971). Legislation <br /> repealed said Section effective January 1, 1980. <br /> <br /> 2210 <br /> <br /> <br />
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