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5. The following additional provisions of the Public Employees' Retirement <br />Law which apply only upon election of a contracting agency shall apply <br />to the Public Agency and its employees: <br />r <br />a. The fraction of final compensation to be provided for each year of <br />credited prior and 'current service as a local,safety member shall <br />be that provided in Section 21252.01 of the Retirement Law. <br />b. Section 21380-7 (providing for allowances for survivors of mem- <br />bers covered under the program upon death before retirement). <br />c. Section 21263 (providing upon death of a miscellaneous or local <br />safety member who retired for service or disability for the con- <br />tinuation of one-half the retirement allowance to certain survivors). <br />6. Public Agency shall contribute to said Retirement System as follows: <br />a. With respect to miscellaneous members, the public agency shall <br />contribute the following percentages of monthly salaries earned <br />as miscellaneous members of said System: <br />(1) 1.53 percent until June 30, 1980 on account of the liability <br />for prior service benefits. <br />(2) 9.81 percent on account of the liability for current service <br />benefits. <br />(3) 0.69 percent on account of the liability for the 1959 Survivors <br />program. <br />b. With respect to local safety members, the public agency shall con- <br />tribute the following percentages of monthly salaries earned as <br />local safety members of said System: <br />(1) 2.158 percent until June 30, 1979 on account of the liability <br />for prior service benefits. <br />(2) 21.382 percent on account of the liability for current service <br />benefits. <br />(3) 0.089 percent on account of the liability for the 1959 Survivors . <br />program. <br />c. A reasonable amount per annum, as fixed by Board to cover the costs <br />of administering said System as it affects the employees of Public <br />Agency, not including the costs of special valuations or the period- <br />ical investigation and valuation required by law. <br />d. A reasonable amount as fixed by the Board, payable in one install- <br />ment as the occasions arise, to cover costs of special valuations <br />on account of employees of Public Agency, and costs of the period- <br />ical investigation and valuation required by law. <br />Ret. Form 702-2 <br />