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EXHIBIT
<br /> California
<br /> Public Employees' Retirement System
<br />
<br /> AMENDMENT TO CONTRACT
<br /> Benveen the
<br /> Board of AdminisIrafion
<br /> Cal~oznia Public Employees' Retirement System
<br /> and the
<br /> City Councfi
<br /> of Ihe
<br /> City of Pleasanton
<br />
<br />The Board of Administration, California Public Employees' Retirement System, hereinafter referred to
<br />as Board, and the governing body of the above public agency, hereinafter referred to as Public
<br />Agency, having entered into a contract effective September 1, 1953, and witnessed May 18, 1953,
<br />and as amended 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, September
<br />5, 1987, February 26, 1993, May 7, 1993, December 8, 1995, April 1, 1996, May 3, 1996, October 31,
<br />1998 which provides for participation of Public Agency in said System, Board and Public Agency
<br />hereby agree as follows:
<br />
<br />A. Paragraphs I through 13 are hereby stricken from said contract as executed effective October
<br /> 31, 1998, and hereby replaced by the following paragraphs numbered I through 13 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 and
<br /> after September 1, 1953 making its employees as hereinafter provided, members of
<br /> said System subject to all provisions of the Public Employees' Retirement Law except
<br /> such as apply only on election of a contracting agency and are not provided for herein
<br /> and to all amendments to said Law hereafter enacted except those, which by express
<br /> provisions thereof, apply only on the election of a contracting agency.
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