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<br />employer contribution rate will fluctuate from year to year <br />based on the investment returns earned by the retirement <br />system. The City agrees that current eligible "safety" <br />employees paying to receive this benefit should also benefit <br />from this yearly fluctuation in the City's annual actuarial <br />valuation. As such, current eligible "safety" employees will <br />contribute 50% of any yearly City employer contribution rate <br />to a maximum of .93% during the term of this Agreement. <br /> <br />14.8 CalPERS Fourth Level 1959 Survivor Benefits . Effective <br />December 7, 2002, the City will provide CalPERS fourth level <br />of 1959 Survivor Benefits to all eligible employees in this <br />unit. <br /> <br />14.9 Pre-Retirement Optional Settlement 2 Death Benefit. <br />Effective July 5, 2000, the City will provide the CalPERS <br />Pre-Retirement Optional Settlement 2 Death Benefit to all <br />eligible employees in this bargaining unit. <br /> <br />l4.l0Uniform Reporting Allowance. The CalPERS reporting <br />allowance shall be $50 per month per eligible member, <br />effective January 1, 2002. <br /> <br />14. IIMilitary Service Credit as Public Service. Effective March <br />8, 2001, Safety employees and April 5, 2002, Miscellaneous <br />employees, respectively, may elect to purchase up to four <br />(4) years of service credit for any continuous active <br />military or merchant marine service prior to employment. <br />The employee must contribute an amount equal to the <br />contribution for current and prior service that the employee <br />and the employer would have made with respect to that period <br />of service. <br /> <br />l4.l2Retirement Health Savings Program. As soon as practicable <br />following Council approval of this Agreement, the City shall <br />establish a voluntary program for employees to contribute <br />unused sick leave, vacation, or other employee benefits on a <br />pre-tax basis in conjunction with a Cafeteria Benefit Plan <br />or other tax exempt program. <br /> <br />l4.l3Enhanced Retirement Formula. If the Firemen's Benevolent <br />Association agrees to an enhanced retirement formula during <br />the term of this Agreement, then employees covered by this <br />Agreement shall receive the same benefit. <br /> <br />54 <br />