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frsotion of final compe n a f to pro,ided for each year of <br />credited prior and current s$~vice as a local ~lscellaneous <br />shall be determined in acco%dance ~th Section 2~25~.~] of said <br />Retirement L~ (~ at a~ ~ ~11). . <br /> <br />The fraction of final compensation to be provided for each year of <br />credited prior and current service As a local safety member shall be <br />determined in ~ccordance with Section 21252.01 of said Retirement Law <br />(2% at age ~O Full), for those local safety members employed prlor to <br />the date of this contract amendment. <br /> <br />The fraction of final compensation to be provided for each year of <br />credited prior and current service as a local safety member shall be <br />determined in accordance with Section 21252.6 of said Retirement Law <br />(2% at age 55 Full), for those local safety members first employed on <br />or after the effective date of this contract amendment. <br /> <br />The following additional provisions of th~ Public Employees' Retire- <br />ment Law which apply only upon election of a contracting agenc~'shall <br />apply to the Public Agency and its employees: <br /> <br />Sections 21380-21~87, (1959 Survivors Program), excluding Section <br />21382.2 (Increased 1959 Survivors benefits). <br /> <br />b. Sections 21263/51263.1 (Post-retirement survivor allowance). <br /> <br />Section 20930.3 (Military service credit) as defined in Chapter <br />1437, Statutes of 1974, for those local miscellaneous and safety <br />members first employed prior to the date of this contract amend- <br />ment. <br /> <br />Section 20983.6 (Waiver of age 70 retirement) for local miscel- <br />laneous members only. <br /> <br />Section 20461.6 (Reduction of benefits) applied to Section <br />21252.01 for future safety 'employees and Section 209'50.3 for <br />future miscellaneous and safe~y employees. <br /> <br />e <br /> <br />Public Agency, in accordance with SectLon 20740, Government Code, <br />ceased to be an "employer" for purposes of Chapter 6 of the Public <br />Employees' Retirement Law effective on December 16, 1976. <br />contcibutions off Public Agency as of the aforementioned date shall be <br />fixed and determined as provided in Section 20759, f~ov~rnment Code, <br />and accumulated contributions as of the aforementioned ~.~,e and <br />Contributions thereafter made shall be held by the Bo%.~s provided <br />in Section 20759, Govermnent Code. <br /> <br />~blic Agency shall conbribu~e to said Ret[rement~tem as follo~s: <br /> <br />a, With respect to miscellaneous members, the~&e~%cy shall con- <br /> tri~te the following perceekages of mon~' salaries <br /> miscellaneols m~mbe~ o~ said Re~[reu:=,.. ~ <br /> <br /> (1)O.178 percen~ un~[l June 50, 2C*~Ja scooun~ <br /> l~ability for prLo~' service <br /> <br /> 13.783 percent On acco~nt~,~')C~a liao[[[ ty fu~' <br /> service beaefkts. <br /> <br />(2) <br /> <br />(3) 0.218 percent on account of the liability for the 1959 <br /> Survivor Program. <br /> <br />ill I <br /> <br /> <br />