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contributions into said plan for affected employees and shall not assume responsibility for the payment of any back taxes due for Social Security coverage or for payments to any other qualified retirement plan for affected employees except for those payments mandated by law to be paid for by an employer. D. In consideration of the inclusion in Ca1PERS of all Part Time employees working in excess of 999 hours in any fiscal year, the Union and the City agree that: • Classic employees as defined by Ca1PERS shall be enrolled in the 2.7% @ 55 benefit formula and shall pay the 8% member contribution. New Ca1PERS members (as defined under the California Public Employees' Pension Reform Act (PEPRA) of 2013) will be enrolled in the 2% @ 62 benefit formula paying one half of the normal cost rate, as established by CalPERS. For FY 14/15, one half the normal cost rate is 6.75 %. E. The City at no time shall be required to pay contributions to two separate retirement systems. 4.7 Overtime. Any work in excess of forty (40) hours in a workweek shall entitle the employee to overtime compensation, at a rate equal to one and one -half (1 ' /2) times the employee's regular hourly rate of pay. A. Employees who work overnight trips and remain available for duty for any 24 hour period shall be paid for 16 hours each 24 hour period. B. Any partial day worked shall be paid based on actual hours worked on that day. 4.8 Holidays. Effective the first full pay period after ratification and adoption by City Council an employee covered by this MOU who works on any recognized City Holiday will be paid at time and one -half (1.5x) their regular rate of pay for any hours worked. Only part time employees that are required to work on the day of the week in which the holiday referenced above actually occurs will receive holiday pay at time and one half. 4.9 Report Pay. Effective first full pay period after ratification and adoption by City Council of this agreement any employee who reports to work for a scheduled shift of 2 hours or more, but is dismissed prior to the completion of 2 hours, shall be compensated for a total of 2 hours. 4.10 Paid Leave Time. Effective first fall pay period after ratification and adoption by City Council if any of the following events occur during a PTNCS employee normally scheduled work time such employees shall be allowed paid time off for the following purposes: City conducted job examinations /interviews, jury duty and if subpoenaed as a witness in City related litigation. VA 250 -9