CORRESPONDENCE - 65C - Laserfiche WebLink

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Sri. I400. - Employers' reth emrut syslem (a) Duq ro prnrr"Ae rerHnmenr warern. Except as hereinafter otherwise provided. the council shall provide, by radiumce or mdiumres for the creation, establi Anumn and maintenance ark retirement plan or plans for all officers mid employees of the City. Such plm or plans need not be the same for all officers and employees. Subject to atber provisions of this article. the council may at any time, or flown time to time. amend or otherwise change any retiremeut plan or plaus or adopt or establish a new of different plan or plans for all or any otllcas or employees. (b)A nrhor;ry to join oilier ayarerns. Subject to other provisions of this article, like City, by and through its council, is hereby empowered, bud not required. to join or continue as a convecting agency in my re irmtmt or pension system or systems existing orb mat) cc created tinder the laws of the State of California or of the United States of America to which mmicipatities mid mtmicipal officers or employees we eligible for membership. (c)Cast i.... aferrsring retirvnrerrl.nsrers. Umilotherwise provided by ordiumce, the City shall continue to participate in die Public Employees Revremeal System of the Slate of California. as ilia snake now exists or maybermflm be amended.The City Cour iI may not rennivatemysuch contract with the Public Employees' Aetirmarent System of the Slate of California, and may mot mnmd any such contract m a maaner which would decrease or efmrinate any bmefil accruing to persons mapleyed by th<City, at the time of such contract locomotion or amendmeut, mless such amendmeni shall substitute a retuemmr system or systemsprovidmg equal or greater benefus for said persons, (d) Ee,issions. 1lie cmmed in its discretion may exclude all or my of the following persons froth my or all retirement plans, to wit: Pasonsmartioned is ukb,mt,cit, (a)t1). f5) 101{b) of Charier Salim 1002. {Ea)jEF} ..r. a..:. ..r,. u. ,, Persons in City service primarily for training. study m educational proposes Persons employed or paid on a pan -lime, per diem. per hour or my basis other than it monthly basic 65C-28