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ATTACHMENT 3
<br /> M
<br /> CAPERS
<br /> EXHIBIT
<br /> California
<br /> Public Employees'Retirement System
<br /> ®®
<br /> manknomina fro annither
<br /> Between the
<br /> Board of Administration
<br /> California Public Emil lanes'Retirement System
<br /> and the
<br /> City Council
<br /> city of Pleasanton
<br /> The Board of Administration, California Public Employees' Retirement System,
<br /> hereinafter referred to as Board, and the governing body of the above public agency,
<br /> hereinafter referred to as Public Agency, having entered into a contract effective
<br /> September 1, 1953, and witnessed May 18, 1953, and as amended effective April 1,
<br /> 1982, October 21, 1972, September 28, 1973, January 5, 1980, January 3, 1981,April
<br /> 11, 1981, September 20, 1988, February 18, 1987, June 13, 1987, September 5, 1987,
<br /> February 28, 1993, May 7, 1993, December 8, 1995, AprIl 1, 1998, May 3, 1998,
<br /> October 31, 1998,April 17, 1999, February 9,2001, September 29, 2001, December 7,
<br /> 2002, May 17, 2008, July 7, 2012 and December 22, 2012 which provides for
<br /> participation of Public Agency In said System. Board and Public Agency hereby agree
<br /> as follows:
<br /> A. Paragraphs 1 through 18 are hereby stricken from said contract as executed
<br /> effective December 22, 2012, and hereby replaced by the following paragraphs
<br /> numbered 1 through 18 Inclusive:
<br /> 1. AU words and terms used herein which are defined in the Public
<br /> Employees' Retirement Law shall have the meaning as defined therein
<br /> unless otherwise specifically provided. "Normal retirement age" shalt
<br /> mean age 55 for local miscellaneous members, age 50 for local police
<br /> members entering membership in the police classification on or prior to
<br /> July 7, 2012 and for those local fire members entering membership in the
<br /> fire classifim8on on or prior to December 22,2012,age 55 for local police
<br /> members entering membership for the first time In the police classification
<br /> after July 7, 2012 and for those local fire members entering membership
<br /> for the first time In the fire classification after December 22,2012.
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