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J" L LI"i~ ~ U V i ~'J ~~ I I~+ V ~i t..r`\ i i v i~ l.,' <br />Section 20475 (Different Level of Benefits Provided for New <br />Employees). Section 20516 (Public Agency and its employees <br />have agreed to share the cost of the following benefit: Section <br />20042 (One-Year Final Compensation). This shall not apply to <br />those local fire members transferred from the City of Livermore nor <br />to newly hired local fire employees entering membership after <br />October 31, 1998. <br />k. Section 21024 (Military Service Credit as Public Service). <br />Section 21548 (Pre-Retirement Option 2W Death Benefit) for local <br />fire members only. <br />10. Public Agency, in accordance with Government Code Section 20790, <br />ceased to be an "employer" for purposes of Section 20834 effective on <br />April 11, 1981. Accumulated contributions of Public Agency shall be fixed <br />and determined as provided in Govemment Code Section 20834, and <br />accumulated contributions thereafter shall be held by the Board as <br />provided in Govemment Code Section 20834. <br />11. Public Agency shall contribute to said Retirement System the contributions <br />determined by actuarial valuations of prior and future service liability with <br />respect to local miscellaneous members and local safety members of said <br />Retirement System. <br />12. Public Agency shall also contribute to said Retirement System as follows: <br />a. Contributions required per covered member on account of the 1959 <br />Survivor Benefits provided under Section 21573 of said Retirement <br />Law. (Subject to annual change.} In addition, all assets and <br />liabilities of Public Agency and its employees shall be pooled in a <br />single account, based on term insurance rates, for survivors of all <br />local miscellaneous members. <br />b. Contributions required per covered member on account of the 1959 <br />Survivor Benefits provided under Section 21574 of said Retirement <br />Law. (Subject to annual change.) In addition, all assets and <br />liabilities of Public Agency and its employees shall be pooled in a <br />single account, based on term insurance rates, for survivors of all <br />local fire members. <br />