My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Amendment-93-026
Clerk
>
Contracts / Agreements
>
C
>
CALPERS
>
PERS Contract & Amendments File 2 of 3
>
Amendment-93-026
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/23/2015 4:23:43 PM
Creation date
7/23/2015 3:52:14 PM
Metadata
Fields
Template:
City Clerk
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
17
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
4, In 86dition to the. elasscs of employoes excluded from mombership by ;Sid Rotiromcnt <br />Law, the following classes of employees shall not becomemembers of said Rctiremcnt <br />Svstem'. <br />NO ADDITIONAL EXCLUSIONS <br />5. The. percentage of final compensation to be, provides! for each year o: credited prior and <br />Curren; service as & local miscellaneous member shill be determined in accordance. with <br />Section 2 125 1. 13 of said Retirement Law (2 'c at age 60 Full). <br />6, The. percentage. of final compensation to he provided for each year of credited prior and <br />currcn; service as a local safety member shall be dctcrmincd in accordance with Scction <br />21252.01 of said Retirement Law (2% at age SO Null), <br />Public Agency elected to be subjecl to the folltnving optional provision: <br />a. Sections 21380.21387 (1959 Survivor 1-sene,fits) excluding Section 2I382.2 <br />(Increased 1959 Survivor Benefits) and Section 2I362A (Third Level of 1959 <br />Survivor Benefits). <br />b. Se.�iions 21263, 21263.1 and 21263.3 ti vst Retirement Survivor Allowance) <br />a <br />Section 20930.3 (Military Service Credit as Public Service), Statutes of 1974, <br />for those local miscellaneous members and local safety members entering <br />membership prior to October 1, 1981. <br />d, Section 20461,6 (Different Level of Benefits), Section 20930.3 (Military Service <br />Credit as Public Service), Statutes of 1974, is not applicable. to local <br />miscellaneous members and local safety members entering membership on or <br />after October 1, 1981. <br />e. Section 20024.2 (One -Year Final Compensation). <br />f. Section 20818 (Two -Years Additional Service Credit), <br />8. Public Agency, in accordance with Government Code Section 2.07+0, ceased to be, an <br />"employer" for purposes of Section 20759 effective on Decemher 16, 1976. <br />Accumulated contributions of Public Agency shall be fixed and determined as provided <br />in Government Code Section 20759, and accumulated contributions thereafter shall be <br />held by the Board as provided in Government Code Section 20759. <br />9. Public Agency shall contribute to said Retirement System the contributions determined <br />by actuarial valuations of prior and future service liability with respect to Iocal <br />miscellaneous members and local safety members of said Retirement Systcm. <br />
The URL can be used to link to this page
Your browser does not support the video tag.