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AgdaPkt 2011-09-12
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AgdaPkt 2011-09-12
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Last modified
2/24/2021 8:44:34 AM
Creation date
9/8/2011 5:43:24 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
9/12/2011
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7. B. - Page 7 <br />4. 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 />a. Local Fire Fighters (herein referred to as local safety members); <br />b. Local Police Officers (herein referred to as local safety members); <br />C. Employees other than local safety members (herein referred to as <br />local miscellaneous members). <br />5. 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 />NO ADDITIONAL EXCLUSIONS <br />6. The percentage of final compensation to be provided for each year of <br />credited prior and current service as a local miscellaneous member in <br />employment before and not on or after July 10, 2006 shall be determined <br />in accordance with Section 21354 of said Retirement Law (2% at age 55 <br />Full). <br />7. The percentage of final compensation to be provided for each year of <br />credited prior and current service as a local miscellaneous member in <br />employment on or after July 10, 2006 and not entering membership for the <br />first time in the miscellaneous classification after the effective date of this <br />amendment to contract shall be determined in accordance with Section <br />21354.5 of said Retirement Law (2.7% at age 55 Full). <br />8. The percentage of final compensation to be provided for each year of <br />credited current service as a local miscellaneous member entering <br />membership for the first time in the miscellaneous classification after the <br />effective date of this amendment to contract shall be determined in <br />accordance with Section 21353 of said Retirement Law (2% at age 60 <br />Full). <br />9. The percentage of final compensation to be provided for each year of <br />credited prior and current service as a local safety member entering <br />membership in the safety classification on or prior to the effective date of <br />this amendment to contract shall be determined in accordance with <br />Section 21362.2 of said Retirement Law (3% at age 50 Full). <br />10. The percentage of final compensation to be provided for each year of <br />credited current service as a local safety member entering membership for <br />the first time in the safety classification after the effective date of this <br />amendment to contract shall be determined in accordance with Section <br />21363.1 of said Retirement Law (3% at age 55 Full). <br />11. Public Agency elected and elects to be subject to the following optional <br />provisions: <br />
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