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Aj*Va+M1T TO CONTRACT B.nn'1=1 TIM BOARD OF AMIDIISTRATION PUBLIC �•4'LO1 ' Nom' TIi "IT SY5TF.64 %AND THE CITY COUNCIL OF M CITY OF SANTA ANA The Board of Administration, public Employees' Retirement System, hereinafter referred to as Board and the CITY COL%ICIL cf the CITY OF SANTA ANA, hereinafter referred to as public Agency having entered into a contract under date of November 25, 1946, effective July 19 1947, and as amended effective October 1, 1951, February 11 1954, September 11 1956, July 1, 1959, November 11 1960, September 1, 1963, April 17 1964, February 1, 1965, January 16, .1S469, November 11 1970, and June 19 1974, which provide for participation of I'i 1ic H ency, hereby agree as follows: A. The following subparagraph shall be added to Paragraph 5 of said contract: §� (d) Section 20930.3 (providing service credit up to four years for any continuous military or merchant marine service for persons who are members because of employment by Public Agency). Be, Paragraph 5.5 shall be added to said contract: Public Agency, in accordance with Section 20740, Government Cede, 5.5 shall cease to be an "employer' for purposes of Ohapter 6 of the Public Employees' Retirement Law effective as of the effective date of this amendment to this contract. Accumulated contributions of the Public Agency as of the date of such amendment snall be fixed and determined;as provided in Section 20759, Government Code, and such accumulated contributions and contributions hereafter made— shall be held by the Board as provided in Section 20759, Ment Code. Co Paragraph 6 (a) shall be stricken from said contract and the following paragraph shall be substituted therefor: 6. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellaneous members, the Public Agency shall Contribute the following percentages of monthly salaries earned as miscellaneous members of said System: (1) 0.078 percent until June 30, 1960 on account of the liability for prior service benefits. (2) 9.050 percent on account of the liability for current service benefits. (3) 0.218 percent on account of the benefits provided under the 1959 Survivor program.