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55A - EM EMPLOYEES
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55A - EM EMPLOYEES
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Last modified
3/1/2012 5:44:03 PM
Creation date
3/1/2012 5:28:43 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Personnel Services
Item #
55A
Date
3/5/2012
Destruction Year
2017
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to Government Code section 20516(f). All employee contributions for retirement <br />benefits are paid to the employer cost (i.e., employer contribution) in accordance with <br />Government Code section 20516(f). <br />2. Effective January 1, 2012, CalPERS miscellaneous members, <br />unrepresented Executive Management employees shall pay eight percent (8%)* of the <br />employer contribution to CalPERS for their retirement benefits as cost sharing pursuant <br />to Government Code section 20516(f). All employee contributions for retirement <br />benefits are paid to the employer cost (i.e., employer contribution) in accordance with <br />Government Code section 20516(f). <br />* Percentage equal to the percentage paid by classifications represented by SAMA. <br />Section 3: That except as amended by this Resolution, all other provisions of <br />Resolution No. 91-066, as amended, shall remain in full force and effect. <br />Section 4: This Resolution shall be operative from and after January 1, 2012. <br />ADOPTED this 5th day of March, 2012. <br />Miguel A. Pulido <br />Mayor <br />APPROVED AS TO FORM: <br />City Attorney's Office <br />By: <br />Joseph Straka <br />Interim City Attorney <br />AYES: <br />NOES: <br />ABSTAIN: <br />NOT PRESENT: <br />Councilmembers <br />Councilmembers <br />Councilmembers <br />Councilmembers <br />55A-6
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