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6.3. B. - Page 6 <br /> ATTACHMENT1 <br /> Effective January 1, 2013 each unit member <br /> will pay five percent (5%) toward the <br /> employer cost of retirement <br /> Redwood City Police Officers Association: <br /> Effective September 1, 2011 each unit <br /> member will pay two percent (2%) toward <br /> the employer cost of retirement <br /> Effective September 1, 2012 each unit <br /> member will pay four percent (4%) toward <br /> the employer cost of retirement <br /> Effective September 1, 2013 each unit <br /> member will pay seven percent (7%) toward <br /> the employer cost of retirement <br /> Redwood City Police Sergeants Association: <br /> Effective September 1, 2011 each unit <br /> member will pay two percent (2%) toward <br /> the employer cost of retirement <br /> Effective September 1, 2012 each unit <br /> member will pay four percent (4%) toward <br /> the employer cost of retirement <br /> Effective September 1, 2013 each unit <br /> member will pay seven percent (7%) toward <br /> the employer cost of retirement <br /> Service Employees International Union (SEIU) Local 521 <br /> Effective February 1, 2012 each unit <br /> member will pay two percent (2%) toward <br /> the employer cost of retirement <br /> Effective February 1, 2013 each unit <br /> member will pay three and eight-tenths <br /> percent (3.8%) toward the employer cost of <br /> retirement <br /> 5. The contributions defined above are mandatory and the employees do not <br /> have a cash, or deferred election right (or option) with respect to these <br /> designated employee contributions. Employees may not receive the <br /> contributed amounts directly instead of having them paid by the City of <br /> Redwood City to the Public Employees' Retirement System. <br /> ATTY/RES0.2149/ IMPLEMENTING SECTION 414(H) (2) OF THE INTERNAL REVENUE CODE <br /> 081711 <br /> 3 <br />