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ATTACHMFNT 1 <br /> 7.1.A. - Page 6 <br /> TENTATIVE AGREEMENT BETWEEN <br /> REDWOOD CITY AND <br /> CHIEF OFFICERS' ASSOCIATION (COA) <br /> RE: SUCCESSOR MOU <br /> 1. Term of Agreement: Three years (October 1, 2013 —September 30, 2016). <br /> 2. COLA: <br /> Effective the first full pay period on or after October 1, 2013, there will be a one percent <br /> (1%) cost of living increase for all classifications represented by COA. <br /> Effective the first full pay period on or after October 1, 2014, there will be a two percent <br /> (2%)cost of living increase for all classifications represented by COA. <br /> Effective the first full pay period on or after October 1, 2015, there will be a two percent <br /> (2%) cost of living increase for all classifications represented by COA. <br /> 3. Eliminate 7% EPMC Over Term of Agreement With Salary Offset <br /> Year 1: Effective the first full pay period on or after April 1, 2014, or upon the 2014 <br /> amendment of the City's contract with CaIPERS to reduce EPMC,whichever is later, the <br /> City shall eliminate two percent (2%) of the Employer Paid Member Contribution <br /> (EPMC) for Tier 1 (3% at 50) and Tier 2 (3% at 55) employees. The City shall continue <br /> to contribute on behalf of Tier 1 and Tier 2 employees five percent (5%) of the member <br /> contribution to the retirement plan. Each Tier 1 and Tier 2 employee will contribute the <br /> remaining four percent (4%) member contribution, in addition to cost sharing described <br /> herein. <br /> Effective the first full pay period on or after October 1, 2013, the salary schedule for all <br /> classifications represented by COA will be increased by two percent(2%). <br /> Year 2: Effective the first full pay period on or after April 1, 2015, or upon the 2015 <br /> amendment of the City's contract with Ca1PERS to reduce EPMC, whichever is later, the <br /> City shall eliminate an additional two percent (2%) of the EPMC for Tier 1 (3% at 50) <br /> and Tier 2 (3% at 55) employees. The City shall continue to contribute on behalf of Tier <br /> 1 and Tier 2 employees three percent (3%) member contribution to the retirement plan. <br /> Each Tier 1 and Tier 2 employee will contribute the remaining six percent (6%) member <br /> contribution, in addition to cost sharing described herein. <br /> Effective the first full pay period on or after October 1, 2014, the salary schedule for all <br /> classifications represented by COA will be increased by two percent(2%). <br /> Year 3: Effective the first full pay period on or after April 1, 2016, or upon the 2016 <br /> amendment of the City's contract with Ca1PERS to reduce EPMC, whichever is later, the <br /> City shall eliminate the final three percent (3%) of the EPMC for Tier 1 and Tier 2 <br /> employees. Each Tier I and Tier 2 employee will contribute the full nine percent (9%) <br /> member contribution, in addition to cost sharing described herein. <br /> Page 2 of 22 <br />