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c' F DO S,uN' "EXHIRIT ONLY" <br /> <br />Public Agency shall participate in the Public Employees' Retirement <br />System from and after Jul,, 1, 1947 making its employees as hereinafter <br />provided, members of said System subject to all provisions of the Public <br />Employees~ Retirement Law except such as apply only on election of a <br />contracting agency and are not provided for herein and to all amendments <br />to said Law hereafter enacted except those, which by express provisions <br />thereof, apply only on the election of a contracting agency. <br /> <br />Employees of Public Agency in the following classes shall become <br />.members of said Retirement System except such in each such class as <br />are excluded by law or this agreement: <br /> <br />a. Local Fire Fighters (herein referred to as local safety members); <br /> <br />Local Police Officers (herein referred to as local safety members); <br /> <br />Employees other than local safety members (herein referred to as <br />local miscellaneous members)· <br /> <br />I~ additio~ to the classes of employees excluded from membership by <br />said Retirement Law, the foli0wing classes of employees shall not become <br />members of said Retirement System: <br /> <br />NO ADDITIONAL EXCLUSIONS <br /> <br />The percentage of final compensation to be provided for each year of <br />credited prior and current service as a local miscellaneous member shall <br />be determined in accordance with Section 21354 of said Reti~'ement Law <br />(2% at age 55 Full). <br /> <br />The percentage 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 21362;2 of said Retirement Law <br />(3% at age 50 Full). <br /> <br />Public Agency elected and elects to be subject to the following optional <br />proVisions: <br /> <br />a. Sections 21624 and 21626 (Post-Retirement Survivor Allowance). <br /> <br />Section 21024 (Military' Service Credit as Public Service), Statutes <br />of 1974 for those local miscellaneous members and local safety <br />members entering membership prior to October 1, 1981. <br /> <br />Ordinance No. NS-2514 <br />Page 4 of 6 <br /> <br /> <br />