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For employees hired after December 22, 2012, the City will provide the 3%@55 retirement formula with <br /> effect. <br /> Reform Act(PEPRA). The current formula is 2.7%@ age 57 and older. <br /> D. PERS Status for Fire Prevention Personnel <br /> The classifications of Fire Inspector and Hazardous Materials Inspector are will-be-plaeed <br /> included in the CaIPERS Ssafety PERS plans as-maintained for the line personnel. <br /> 17.2 ' •• • • : _ •• • ' . . •. •Additional Retirement Benefits <br /> All employees shall receive the following additional contracted for optional Ca1PERS benefits: <br /> Section 20965, Credit for Unused Sick Leave <br /> Section 21574, 1959 Survivors Benefit, Fourth Level <br /> Section 21548, Pre-retirement Option 2W Death Benefit <br /> 17.3 Pre-tax Employee Contribution <br /> All contributions paid by employees towards the cost of Ca1PERS pension benefits will be deducted on a <br /> pre-tax basis to the extent permitted by law. <br /> The City shall pay each employee's required PERS on eligible salary and those elements of <br /> by the City of Pleasanton and the appropriate definition language referenced in Section 17.1. <br /> • <br /> Effective June 7, 2012, employees will pay 2% of the Member Contribution; effective September 1, <br /> -- . ... . . . . .. . .. . . 40 .o <br /> ._ .o • , , • _ • , , _ __ . <br /> For all "Classic Members"as defined by CalPERS: <br /> 4! <br />