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Ord02 2223
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Ord02 2223
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Last modified
10/11/2019 2:58:13 PM
Creation date
10/11/2019 2:58:12 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Ordinance
Agency Type
City Council
Date
3/25/2002
Description
ORDINANCE AMENDING CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF REDWOOD CITY THE COUNCIL OF REDWOOD CITY DOES ORDAIN AS FOLLOWS: SECTION 1. That an amendment to the contract between the City Council of the City of Redwood City and the Board of Administration, California Public Employees' Retirement System is hereby authorized, a copy of said amendment being attached hereto, marked Exhibit A, and by such reference made a part hereof as though herein set out in full
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- PLEASE DO NOT SIL "EXHIBIT ONLY" <br /> <br />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 Full). <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 /> f. Section 21325 (One-Time 3% to 15% Increase For Local <br /> Miscellaneous Members and Local Safety Members Who Retired or <br /> Died Prior to January 1, 1974). <br /> <br /> 2223 <br /> <br /> <br />
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