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<br />Contract Amendment with CalPERS <br />May 7, 2007 <br />Page Two <br /> <br />FISCAL IMPACT <br /> <br />On July 1, 2008, the Employer's contribution rate will increase by 0.587% <br />of the total safety payroll to cover the accrued liability. <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br /> <br />~ <br /> <br />( \\ ' <br />':j,~~<&t\\>>l' .~ Th~~,-;:~. <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services <br /> <br />11 B-2 <br />