Laserfiche WebLink
A1wZDMENT TO CONTRACT BETWEEN THE <br />BOARD OF ADMINISTRATION EXHIBIT A <br />PUBIIC EMPLOYEES' RETIREMENT SYSTEM AND THE <br />CITY COUNCIL <br />OF, THE <br />CITY OF SANTA ANA <br />The Board of Administration, Public Employees' Retirement System, hereinafter <br />referred to as Board, and the CITY COUNCIL of the CITY OF SANTA ANA, hereinafter re- <br />ferred'tc as Public Agency, having entered into a contract under date of November 25, <br />1946x effective July 1:, 1947, and as amended effective October 1, 1951, January 19 <br />1954 September 1, 1956) July 1, 1959, November 1, 1960, September 1, 1963, April 1, <br />1964,, February 1,; 1965, and January 16, 1969, which provides for participation of <br />Publia Agency in said System, Board and Public Agency hereby agree as follows: <br />A. The EaTlowing:subparagraphs shall be added to said Contract: <br />Sectbn 21251.75: of the Government Code (providing for increases in <br />allowances payable for time commencing on the first day of the calendar <br />month.coihciding_with or, next following the effective date of this <br />amendment•.to persons retired prior to January 1, 1967)0 <br />B. Paragraphs 9 (a) and 9'(b) shall be stricken from saidContractand the follow- <br />ing paragraphs <br />ollow-ingparagraphs substituted therefor: <br />7 ((a); With respect tomiscellaneousmembers, the public agency 'shall contribute <br />the. following -percentages of monthly salaries earned as miscellaneous <br />members: of'said_Syptem: <br />(0:); 2:074percent until June 30, 1977 on account of the liability for <br />prior.service-benefits. <br />MY 6.690 -percent on account of the liability for current service <br />benefits:, <br />71 ((h) With. respect-: to: local safety members, the public agency shah: contribute <br />the- following -percentages of monthly salaries earned as local safety <br />memhers of-'said'_System: <br />(�L); 1.8%Cpercent until June 30 1977'on-account of the liability for <br />pros, service _benefits. <br />MY 9.650:percent-on account of the liability for current service <br />benefits;. <br />G. Ttira amendment. shall'. Ve=attached to said Contract and shall become effective <br />cxr, the-, day of <br />Witnesm our.- hand's- this - <br />BOARD] QN ATZINISTRATI-ON <br />PUBLIC: EMPLOYEES-" RETlRv1ENT - SYSTEM <br />BY <br />William . Payne, Executive Off cer- <br />day of <br />CITY COUNCIL OF THE <br />CITY OF SANTA ANA <br />Attest: <br />M <br />Ret. Form 702 <br />