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EXHIBIT <br /> AMENDMENT TO CONTRACT <br /> BETWEEN THE <br /> BOARD OF ADMINISTRATION <br /> OF THE <br /> PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br /> AND THE <br /> CITY COUNCIL <br /> OF THE <br /> CITY OF PLEASANTON <br /> <br />The Board of Administration, Public Employees' Retirement System, hereinafter referred to as <br />Board, and the govc'rning body of above public agency, hereinafter referred to as Public Agency, <br />having entered into a contract effective September 1, 1953, and witnessed May 18, 1953, and as <br />mended effective April 1, 1962, October 21, 1972, September 28, 1973, January 5, 1980, <br />January 3, 1981, April 11, 1981, September 20, 1986, February 18, 1987, June 13, 1987, <br />September 5, 1987, February 26, 1993, May 7, 1993, December 8, 1995, April 1, 1996, May 3, <br />1996 and August 8, 1998 which provides for participation of Public Agency in said System, <br />Board and Public Agency hereby agree as follows: <br /> <br />A. Paragraphs 1 through 12 are hereby stricken from said contract as executed effective <br /> August 8, 1998, and hereby replaced by the following paragraphs numbered 1 through 13 <br /> inclusive: <br /> <br /> 1. All words and terms used herein which are defined in the Public Employees' <br /> .Retirement Law shall have the meaning as defined therein unless otherwise <br /> specifically provided. "Normal retirement age" shall mean age 55 for local <br /> miscellaneous members and age 50 for local safety members. <br /> <br /> 2. Public Agency shall participate in the Public Employees' Retirement System from <br /> and after September 1, 1953 making its employees as hereinafter provided, <br /> members of said System subject to all provisions of the Public Employees' <br /> Retirement Law except such as apply only on election of a contracting agency and <br /> are not provided for herein and to all amendments to said Law hereafter enacted <br /> except those, which by express provisions thereof, apply only on the election of a <br /> contracting agency. <br /> <br /> 3. Employees of Public Agency in the following classes shall become members of <br /> said Retirement System except such in each such class as are excluded by law or <br /> this agreement: <br /> <br /> a. Local Fire Fighters (herein referred to as local safety members); <br /> <br /> b. Local Police Officers (herein referred to as local safety members); <br /> <br /> <br />