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SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 721 (SEIU) (2010-2013)
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SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 721 (SEIU) (2010-2013)
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Last modified
1/3/2012 2:12:28 PM
Creation date
9/23/2010 8:55:01 AM
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Contracts
Company Name
SERVICE EMPLOYEES INTERNATIONAL UNION (SEIU)
Contract #
A-2010-188
Agency
PERSONNEL SERVICES
Council Approval Date
9/20/2010
Expiration Date
6/30/2013
Destruction Year
2018
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ARTICLE XII <br />12.0 RETIREMENT <br />12.1 General. The terms of the existing contract between the City and California Public <br />Employees' Retirement System (Ca1PERS) governing the City retirement benefits for <br />affected employees are incorporated by reference herein. The City shall continue to <br />make contributions to Ca1PERS in accordance with its contract with Ca1PERS for <br />affected employees covered by said contract as amended. <br />12.2 Deferred Retirement. The City will continue to make payment to Ca1PERS on behalf of <br />each affected employee, in an amount necessary to pay one hundred percent (100%) of <br />his or her individual retirement contribution which is equal to seven percent (7%) and <br />will increase to eight percent (8%), effective January 1, 2009. Such payments shall be <br />credited to the individual employee's Ca1PERS account. <br />Such payments are not increases in base salary and no salary rate range applicable to any <br />of the employees covered by this Agreement shall be changed or deemed to have been <br />changed by reason thereof. As a result, the City will not treat these payments as ordinary <br />income and, thus will not withhold Federal or State income tax from said payments. The <br />City has received an opinion or ruling from the Internal Revenue Service confirming that <br />these payments are deferred compensation, and not ordinary income. In the event that the <br />City receives a ruling from the Internal Revenue Service that such payments are ordinary <br />income of the employees instead of deferred compensation, the City's obligation to make <br />such payments shall discontinue and in place thereof the base salary of each said <br />employee shall forthwith be increased by fourteen (14) salary rate ranges (7%), or sixteen <br />(16) salary rate ranges (8%), after January 1, 2009. <br />For the purpose of reporting an employee's compensation to CAPERS, the City shall <br />include these payments as if they were a part of the employee's base salary. <br />12.3 2% at 55 Retirement Benefit. Effective July 1, 1997, the City agreed to pay 2.266% of <br />the cost of providing Ca1PERS 2% at 55 retirement benefit to employees of this unit. <br />Employees agreed to pay one percent (1%) of the total cost of 3.266% for the 2% at 55 <br />retirement benefit by authorizing a one percent (1%) deduction from their salary (two (2) <br />salary rate ranges) effective July 1, 1997. Effective November 1, 2001, this one percent <br />(1%) deduction is eliminated. <br />12.4 Credit for Unused Sick Leave. Effective January 1, 2002, or as soon as practicable <br />thereafter, an employee covered by this Agreement, can have unused accumulated sick <br />leave at the time of retirement converted to additional service credit at the rate of 0.004 <br />years of service credit for each day of unused sick leave (i.e., 200 days of sick leave <br />equals .80 additional year's of service credit). The City must report only those days of <br />unused sick leave that were accrued by the employee during the normal course of <br />53
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