Amendment-84-97a - Laserfiche WebLink

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4. lb addition to the classes Of employees excluded from membership by said Retirement Lew, the following classes of employees shall not become members of said Retirement Systems NO ADDITIONAL EXCLUSIONS 5. The fraction of final compensation to be provided for each year of credited prior and current service us a local miscellaneous member shall be determined its accordance with Section 21251.13 of said Retirement Law (2% at age €0 Full.), 6. The fraotion-of finial Compensation to be provided for each year or credited prior and eaurrent service for those local safety members hired on or after October 1, 1991 shall be determined In accordance with Section 21252,6 of said Retirement Law (2% at age as Full). 7, The f'r•aetiOn of final compensation to be provided for eanh year of credited prior and current service for those local safety members hired prior to October 1, 1981 shall be determined in accordance with Section 21252.01 of said Retirement Law W at age art Full). 8. The following additional provisions of the 'Public Employees' Retire- ment Law, which apply only upon election of a contracting agency, shall apply to the Public Agency and its employees: A. Sections 21380-21387 (1959 Survivors Program) excluding Section 2082.2 (Increased 9959 Survivors benefits). b. Sections 21263/21263.1 (Post-retirement survivor allowance). c. Section 20930. (Military service, credit) as defined in Chapter 1437, Statutes of 1974, for those local miscellaneous and those local safety Members hired prior to October 1, 1981, d. Section 20461.6 (Reduction of benefits), applied to section 20930.3, Statutes of 1974 (Military service credit) for Iowa], miscellaneous aabd local safety members hired on or after October 1, 9961, and applicable to Section 29252,01 (from 2% P 50 Full formula to 2% 0 55 Full, formula) fssr those local safety members hired on or after October 1, 1981. e, Section 20024.2 (One-year, final compensation), for local fire" and Jsacal miscellaneous members only, 9. Public Agenoy, in accordance with Section 20740, Government Cade, ceased to he an "employer" for purposes of Chapter €a of the Public Employeesr Retirement Lawn effective on December 16, 1976. Aeoumulrated contributions of Public Agency as of the aforementioned date: shall be fixed and determined as provided In Section 20759, Government Code, and accumulated contributions as of the aforementioned date and Bran- tributions thereafter made shall be held by the Board as provided in Section 20759, Government Cade.