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Resolution Amending and Restating the City's Master Pay Schedule <br />October 20, 2020 <br />Page 3 <br />8. Does not reference another document in lieu of disclosing the pay rate. CalPERS <br />interprets California Code of Regulations Section 570.5 to require that the City list <br />compensation levels for all positions on one document duly approved and adopted by the <br />City Council. <br />FISCAL IMPACT <br />Adoption of a Master Salary Schedule has no fiscal impact to the City for preparation or <br />distribution, as the actions already occurred. If this resolution is not adopted, the potential fiscal <br />impact for retiring employees could be significant because CalPERS has stated that if an agency <br />cannot provide a document meeting the requirements of Title 2 of the California Code of <br />Regulations Section 570.5, then CalPERS must determine that the pay amount fails to meet the <br />definition of pay rate. <br />Submitted by: Steven V. Pham, Executive Director — Human Resources Department <br />Exhibit: 1. Resolution <br />55B-3 <br />