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13
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2018
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022018
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13
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2/15/2018 5:17:45 PM
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2/15/2018 5:17:41 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
2/20/2018
DESTRUCT DATE
15Y
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PLEASE DO NOT SIGN "EXHIBIT ONLY" <br /> 11. The percentage of final compensation to be provided for each year of <br /> credited current—service as a classic local police member—entering <br /> membership for the first time with this agency in the police classification <br /> after July 7, 2012 and for those classic local fire members entering <br /> membership for the first time with this agency in the fire classification after <br /> December 22, 2012 shall be determined in accordance with Section <br /> 21363.1 of said Retirement Law (3% at age 55 Full). <br /> 12. The percentage of final compensation to be provided for each year of <br /> credited prior and current service as a new local safety member shall be <br /> determined in accordance with Section 7522.25(d) of said Retirement Law <br /> (2.7% at age 57 Full). <br /> 13. Public Agency elected and elects to be subject to the following optional <br /> provisions: <br /> a. Section 21572 (Increased Level of 1959 Survivor Benefits) for local <br /> police members only. <br /> b. 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 local <br /> safety members). <br /> c. Section 20965 (Credit for Unused Sick Leave). <br /> d. Section 20042 (One-Year Final Compensation) for classic local <br /> miscellaneous members, classic local police members entering <br /> membership on or prior to July 7, 2012 and for those classic local fire <br /> members entering membership on or prior to December 22, 2012. <br /> e. Section 20516 (Employees Sharing Cost of Additional Benefits): <br /> Section 20042 (One-Year Final Compensation) for local fire <br /> members. From and after September 20, 1986 and until February 1, <br /> 2011 the fire employees of Public Agency shall be assessed an <br /> additional 1.750% of their compensation for a total contribution rate <br /> of 10.750% pursuant to Government Code Section 20516. <br /> f. Section 21573 (Third Level of 1959 Survivor Benefits) for local <br /> miscellaneous members only. <br /> g. Section 20903 (Two Years Additional Service Credit). <br /> h. Section 21574 (Fourth Level of 1959 Survivor Benefits) for local fire <br /> members only. <br />
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