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The following additional provisions of the Public Employees~ Retirement <br />Law which apply only upon election of a cont~cting agency ~__11 apply <br />to the Public Agency cud its em~loyeest <br /> <br />a, The fraction of f~. compensation to be provided for each year of <br /> credited prior and current service as a lo.ecl safety member ~ l <br /> be that provided in Section 212~2.01 of the Retirement Law. <br /> <br />b. Section 21380-7 (providing for allowances for survivors of mem- <br /> bers covered under the program upon death before retirement). <br /> <br />c. Section 21263 (providing upon death of a miseellemeous or local <br /> safety member who retired for service or disability .for the con- <br /> tiauation of one-half the retirement allowance to certain survivors)e <br /> <br />Public Aganoy shall contribute to said Retirement System as follows~ <br /> <br />With respect to miscellaneous memberst the public agency ~b~?l <br />contribute the followin~ percent~.~es of monthly salaries ,aA*ned <br />as miscellaneous members of said System~ <br /> <br />(1) 1.53 peroe~t until June 30, 1980 on account of the liability <br /> for prior service benefits. <br /> <br />(2) 9,81 percent on account of the liability for current service <br /> benefits. <br /> <br /> (3) 0.69 percent on account of the liability for the 1959 s~u~vivore <br /> program. <br /> <br />With respect to local safety memberst the ~ublic agency shall con- <br />tribute the following percentages of mon*~ y calories earned as <br />local safety members of said System~ <br /> <br />(1) 2.158 pe~cent until ~une 30, 1979 on account of the liability <br /> for prior service benefits, <br /> <br />(2) 21,~2 percent on 'account of 'ttle liability for current service <br /> benefits, <br /> <br />(3) 0.089 percent on account of the liability for the 1959 Survivoz~ . <br /> <br />A reasonable amount per anuum~ as fixe~ by ~omrd to cover the costs <br />of s~4~ter~ng said System as ~t affects the .employees of Public ~ <br />Agency, not including the costs of special v~luations or the period- <br />ical investigation and valu~tion required by law. <br /> <br />A reasonable amount as fixed by the ~o~rd, payable in one !~_tall- <br />memt as the occasions arise~ to cover costs of ~pecial valumtions <br />on account of employees of Public A~cnoy~ and costs of the period- <br />ical l~vestigation a~d valuation required by law. <br /> <br />~et. Form 702-2 <br /> <br /> <br />