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Commencing July 1, 2013, all classic non - safety employees covered by this agreement <br />(i.e., those subject to the Miscellaneous CalPERS formula) shall pay ten and one half <br />(10.5 %) percent of their salary to pay for the employer portion of the City's CalPERS <br />contribution. This payment shall be paid in accordance with Government Code section <br />20516(f). Pre - Taxable Benefit. To the extent permitted by CalPERS and Internal <br />Revenue Service regulations, the City shall make the above employee deductions pre -tax <br />contributions. <br />For "New Members" within the meaning of the California Public Employees' Pension <br />Reform Act (PEPRA) of 2013 <br />The PEPRA went into effect on January 1, 2013. The parties agree that if there is any <br />other clean up or other retirement legislation which goes into effect during this MOU and <br />if there are provisions of that legislation which, by law, automatically goes into effect, <br />either party may request to negotiate over the legislation, including over the impact. <br />Retirement Formula: Per Government Code Section 7522.20(a), the 2 %@ 62 retirement <br />formula for non -sworn. <br />Final compensation will be based on the highest annual average compensation earnable <br />during the 36 consecutive months immediately preceding the effective date of his or her <br />retirement, or some other 36 consecutive month period designated by the member. <br />Effective July 1, 2013, employees shall pay one half of the normal cost rate, as <br />established by CalPERS. <br />Pre - Taxable Benefit. To the extent permitted by CalPERS and Internal Revenue Service <br />regulations, the City shall make the above employee deductions pre -tax contributions. <br />13.8 Credit for Unused Sick Leave. Effective January 1, 2002, a non -sworn employee covered <br />by this Agreement can have unused accumulated sick leave at the time of retirement <br />converted to additional service credit, pursuant to regulations prescribed by PERS. The <br />City must report only those hours of unused sick leave that were accrued by the employee <br />during the normal course of employment. This section applies to members whose <br />effective date of retirement is within four (4) months of separation from employment. <br />Effective July 1, 2007, the provisions of this section will also apply to sworn employees <br />covered by this Agreement. <br />55 <br />