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Such payments are not increases in base salary and no salary rate ranges applicable to any of the <br />employees covered by this Agreement shall be changed or deemed to have been changed by reason <br />thereof. As a result, the City will not treat these payments as ordinary income and, thus will not <br />withhold Federal or State income tax from said payments. The City has received an opinion or ruling <br />from the Internal Revenue Service confirming that these payments are deferred compensation, and <br />not ordinary income. <br />For the purpose of reporting an employee's compensation to CalPERS, the City shall include these <br />payments as if they were part of the employee's base salary. <br />In the event that the City receives a ruling from the internal Revenue Service that such payments are <br />ordinary 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 employee shall <br />forthwith be increased by eighteen (18) salary rate ranges (9%) for "safety member" employees <br />covered under the 3% at age 50 CalPERS formula and F^U 4) sixteen (16) salary rate ranges 4W4 <br />(8%) for all "miscellaneous member" employees covered under the 2% at age S5 2.7% at age 55 <br />CalPERS Formula. <br />14.3 1959 Survivor's Benefit. Effective December 7, 2002, the City shall provide CalPERS fourth level of <br />1959 Survivor's Benefits to all eligible employees in the unit. <br />14.4 Pre-Retirement Optional Settlement 2 Death Benefit. Effective July 5, 2000, the City shall provide the <br />Pre-Retirement Optional Settlement 2 Death Benefit to all employees covered by this Agreement. <br />14.5 2% at-SS-SeFv_ico-Retirement Benefit f r"I""' <br />?.???« nor M i°?ccI?a?icva5 Members 6aIREliS designated <br />"F ells euc'l amx?leyeeS represented by the n.-seeiati o <br />r r py-c?i rc??vc9n shall be severed bathe 26 ? at SJSJ <br />FetiFe.,e.At benefit Weetive duly 1, 1997, the City agreed to eery 2.266% e the coat P.d.?s GaIP ? <br />0 <br />(1%) ef <br />0 fGF the 0 (1%) dedwetk),R <br />(1%) deduetien was elimiRated. <br /> <br />2.7% at 55 Service Retirement Benefit for Miscellaneous Members. Effective January 1, 2009, the City <br />agfees-to amended its retirement contract with CalPERS to provide Miscellaneous employees covered <br />by this Agreement with the 2.7% at 55 Service Retirement benefit. Pursuant to CaIPERS regulations, <br />this new formula will apply applies to employees that are in active status on the date this amendment <br />takes effect. This new formula will-apply applies to each year of eligible service credited with the City <br />of Santa Ana. <br />Payment of New 2.7% at 55 Service Retirement Benefit. Miscellaneous employees covered by this <br />Agreement agree to pay 6.3% of CalPERS reportable compensation toward the cost of the 2.7% at 55 <br />enhanced retirement formula, as set forth in Article IV, Section 4.3A. <br />Effective July 1, 2012, all non-sworn employees covered by this Agreement shall begin paying an <br />additional 1.7% of their salary to pay for the employer portion of the City's PERS contribution. This <br />contribution shall be paid in accordance with Government Code section 20516(f). This additional <br />PMA 2010-14 Contract Extension Page 5