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93-012
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Last modified
1/3/2012 12:31:10 PM
Creation date
6/26/2003 10:46:59 AM
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City Clerk
Doc Type
Resolution
Doc #
93-12
Date
2/16/1993
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o72. <br /> <br />In Itdditlon to the classes of employees c. xclude~ fror~l nlombershtp by said Retirement <br />Law, the following classes of employees shall not become members of said Retiremenl <br />System: <br /> NO ADDITIONAL EXC~,USIONS <br /> <br />The percentage of final compensation to be provided for each year of credil~ prior and <br />current service as a local miscellaneous member shall be determined in accordance with <br />S-etlon 21251.13 of ~,aid Retirement Law (2 % at age 60 Full). <br /> <br />The percentage of final compensation to be provided for each year of credited prior and <br />ctlrrcnt service as a local safety member shall bc determined in accordance with Section <br />21252.01 of said P, etirement I.aw (2% at age 50 Full), <br /> <br />POblic ^gency elect~d to bc ~;ubject to the following optlonal provisions: <br /> <br />Sections 21380-21387 (1959 Survivor Benefits) e×cluding Sex:lion 21382.2 <br />(Increased 1959 Survivor Benefits) and Section 2.1382.4 Cl'hird Level of 1959 <br />Survivor Benefits). <br /> <br />b. Sections 21263, 21263.1 and 21263.3 (Post-Retirement Survivor Allowance). <br /> <br />Section 20930,3 (Mililary Service Crcdlt as Public Service), Statut~ of 1974, <br />for those Iced miscdlunexms memher,~ m~d local safety member,s ~ntering <br />membership prior to October 1, 1981. <br /> <br />Section 20461.6 (Different Level of Benefits). Section 20930.3 (Military Service <br />Credit as Public Service), Statutes of 1974, is not applicahle m Incat <br />miscellanexms members and local safety membert; entering membership on or <br />afte~ October 1, 1981. <br /> <br />e. Section 20024.2 (One-Year Final Compensation). <br /> <br />f. Section 20818 Crwo-Yoars Additional Service Credit). <br /> <br />Public Agency, in accordance with Government Code Sectian 20740, ceased ~o be an <br />"ettll)loyer" for purposes of Section 20759 effective (m December 16, 1976. <br />Accumulated contributions of Public Ageucy shall be fixed and dctermhle, d as provld~ <br />in Government Code Sectlun 20759, and accumulated eontrihutlnn.~ thereafter shall bc <br />held by thc Board as provided in Govermnent Code Section 20759. <br /> <br />Pnbllc Agency shall contribute to said Retirement System the contributions determined <br />by actuarial valuatiom of prior and future service li~bilily wilh respccl ~o local <br />mlscellaneous members and local safety members of said Retirement System. <br /> <br /> <br />
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