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pLEASE DO NOT SIGN"EXHIBIT ONLY" ' Section 20475 (Different Level of Benefits Provided for New Employees). Section 21024 (Military Service Credit as Public Service), Statutes of 1974, is not applicalbe to local miscellaneous members 'and local safety members entering membership after October ti,1981. Section 20~0~2 (One-Year Final Compensation). Section 20~03 (Two Years Additional Service Credit). Section 2'J 573 (Third Level of 1959 Survivor Benefits). Section 21.548 (Pre-Retirement Optional Settlement Benefit). 2 Death Section 21024 (Military Service Credit as Public Service), Statutes of 1976. !~ i. Section 20965 (Credit for Unused Sick Leave) for local miscellaneous members only. Public Agency, in accordance with Government Code Section 20790, ceased to be an "employer" for purposes of Section 20834 effective on December 16, 1976. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20834, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20834. Public Agency shall contribute to said Retirement System the contributions determined by actu.arial valuations of prior and future service liability'with respect to local mis'cellaneous members and local safety members of said Retirement System. 10. Public Agency sha!l also contribute to said Retirement System as follows: Contributions required per covered member on account of the 1959 Sdrvivor Benefits provided under Section21573 of said Retirement Law. (Subject to annual change.) In addition, all assets and liabilities of..Public Agency and its employees shall be pooled in a single account, based on term insurance rates, for survivors of all local miscellaneous members and local safety members. A reasonabie amount, as fixed by the Board, payable in one installment ..within 60 days of date of contract to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodic investigation and valuations required by law.