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B. Payment towards the 2.0% at 62 Service Retirement Benefit Employees <br />defined in 13.4.A (above) covered by this Agreement shall contribute <br />at least 50% of normal cost of the 2.0% at 62 retirement benefit. <br />Pre - Taxable Benefit. To the extent permitted by CaIPERS and Internal <br />Revenue Service regulations, the City shall make the above employee <br />deductions pre -tax contributions. <br />13.5 Credit for Unused Sick Leave. An employee covered by this Agreement shall <br />be permitted to have unused accumulated sick leave at the time of <br />retirement converted to additional service credit at the rate of 0.004 years of <br />service credit for each eight -hour day of unused sick leave (i.e., 200 days of <br />sick leave equals .80 additional year's of service credit). The City must report <br />only those days of unused sick leave that were accrued by the employee <br />during the normal course of employment. This section applies to members <br />whose effective date of retirement is within four (4) months of separation from <br />employment. <br />13.6 Military Service Credit as Public Service. An employee covered by this <br />Agreement shall be permitted to purchase up to four (4) years of service <br />credit for any continuous active military or merchant marine service prior to <br />employment. The employee must contribute an amount equal to the <br />contribution for current and prior service that the employee and the <br />employer would have made with respect to that period of service. <br />13.7 Deferred Compensation. <br />A. Background. Prior to July 1, 1991, the City authorized an amount equal <br />to one percent (1.0 %) of base pay for a deferred compensation <br />benefit for full time "confidential" employees. This benefit was treated <br />separately from salary, and was not included in the City's salary and <br />wage schedule. Effective July 1, 1991, to comply with CaIPERS wage <br />reporting requirements, this benefit was added to the pay rate <br />assigned to each "confidential" classification and reported as "salary" <br />to CaIPERS. Thereafter, pay levels for "confidential" classifications <br />included this additional one percent (1 %) deferred compensation <br />benefit. <br />CONFIDENTIAL ASSOCIATION OF SANTA ANA (CASA) MOU: 2014 - 2015 Page 51 <br />