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13.4 <br />13.5 <br />C. Payment toward the 2.7% at 55 Service Retirement Benefit. Employees defined in <br />Section 13.3(A) contribute eight percent (8%) of their salary to the employer's <br />share of the cost of the 2.7% at 55 enhanced retirement formula. All employee <br />contributions to the employer's cost of the Ca1PERS retirement benefits shall be <br />implemented as cost -sharing pursuant to Government Code Section 20516(f). To <br />the extent permitted by Ca1PERS and the Internal Revenue Service, this eight <br />percent (8%) contribution shall be implemented through payroll deductions on a <br />pre-tax basis. <br />Employees defined in Section 13.3(B) shall contribute eight percent (8%) of their <br />salary toward the employer contribution of the 2.7% at 55 retirement benefit. All <br />employee contributions to Ca1PERS for their retirement benefits shall be <br />implemented as cost -sharing pursuant to Government Code Section 20516(f). <br />Pre -Taxable Benefit. To the extent permitted by CalPERS and Internal Revenue <br />Service regulations, the City shall make the above employee deductions pre-tax <br />contributions. <br />2.0% at 62 Service Retirement Benefit for Miscellaneous Members. <br />A. The City agrees to provide Miscellaneous employees who were appointed to their <br />classifications on or after January 1, 2013, and who are defined as new members <br />under the California Public Employees' Pension Reform Act of 2013 (AB340), <br />with the 2.0% at 62 Service Retirement benefit. <br />Pursuant to Ca1PERS regulations, this formula shall apply only to the <br />aforementioned employees that are in an active status. This formula shall apply to <br />each year of eligible service credited with the City of Santa Ana. <br />B. Payment towards the 2.0% at 62 Service Retirement Benefit. Employees defined in <br />13.4(A) shall contribute at least fifty percent (50%) of normal cost of the 2.0% at <br />62 retirement benefit. <br />Pre -Taxable Benefit. To the extent permitted by Ca1PERS and Internal Revenue <br />Service regulations, the City shall make the above employee deductions pre-tax <br />contributions. <br />Credit for Unused Sick Leave. <br />A. An employee shall be permitted to have unused accumulated sick leave at the time <br />of retirement converted to additional service credit at the rate of four thousandths <br />(0,004) years of service credit for each eight (8) hour day of unused sick leave (i.e., <br />two hundred (200) days of sick leave equals eight tenths (0.8) of an additional year <br />of service credit). <br />B. Effective the date of City Council adoption of this 2022-2025 MOU, the maximum <br />total unused sick leave that can be converted shall be ten (10) eight (8) hour working <br />days equal to eighty (80) hours. <br />CONFIDENTIAL ASSOCIATION OF SANTA ANA (CASA) MOU: JULY 1, 2022 THROUGH JUNE 30, 2025 <br />Page 48 <br />