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02 ATTACHMENTS
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2008
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031808
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02 ATTACHMENTS
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3/13/2008 1:43:53 PM
Creation date
3/13/2008 1:43:53 PM
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CITY CLERK
CITY CLERK - TYPE
STAFF REPORTS
DOCUMENT DATE
3/18/2008
DESTRUCT DATE
15 Y
DOCUMENT NO
02 ATTACHMENTS
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<br />2. Public Agency shall participate in the Public Employees' Retirement <br />System from and after September 1, 1953 making its employees as <br />hereinafter provided, members of said System subject to all provisions of <br />the Public Employees' Retirement Law except such as apply only on <br />election of a contracting agency and are not provided for herein and to all <br />amendments to said Law hereafter enacted .except those, which by <br />express provisions thereof, apply only on the election of a contracting <br />agency. <br />3. Employees of Public Agency in the following classes shall become <br />members of said Retirement System except such in each such class as <br />are excluded by law or this agreement: <br />a. Local Fire Fighters (herein referred to as local safety members); <br />b. Local Police Officers (herein referred to as local safety members); <br />c. Employees other than local safety members (herein referred to as <br />local miscellaneous members). <br />4. In addition to the classes of employees excluded from membership by <br />said Retirement Law, the following classes of employees shall not become <br />members of said Retirement System: <br />NO ADDITIONAL EXCLUSIONS <br />5. This contract shall be a continuation of the contract of the Fire function of <br />the contract portion of the City of Livermore, hereinafter referred to as <br />"Former Agency". The accumulated contributions, assets and liability for <br />prior and current service under the Former Agency's contract shall be <br />merged pursuant to Section 20508 of the Government Code. Such <br />merger occurred October 39 , 1998. <br />6. The percentage of final compensation to be provided for each year of <br />credited prior and current service as a local miscellaneous member in <br />employment before and not on or after December 7, 2002 shall be <br />determined in accordance with Section 21354 of said Retirement Law <br />(2% at age 55 Full). <br />7. The percentage of final compensation to be provided for each year of <br />credited prior and current service as a local miscellaneous member in <br />employment on or after December 7, 2002 shall be determined in <br />accordance with Section 21354.5 of said Retirement Law (2.7% at age 55 <br />Full). <br />
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