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! 1. City is to participate 4n:the State Em System u) ealculatbig.benefits on accotiat of
<br /> ployees' -_Retirement.'.System,, subject Lo the, Pttgi servt9e, allowed to meatbess of the Cali
<br /> provisions,of'the State Employeestirm
<br /> ` Beeent forma State Highwvay,Patrol and to other em
<br /> Aqt. ployees,of the,_State of.California, respective-
<br /> 2 City.;shall participate in said Retirement Iv ]Y >` -
<br /> Sys'tem,: making 'jus'-employees: members' of - -
<br /> said System
<br /> from and after-August 1, 194G 5; City shall`contnbvte t9 sajd Retirenrent
<br /> 3 Etnployees'of City in `thq,. following System as follows'
<br /> classes-shall become:;members of:said Retire .'a. The suis:df $28,835.49 per annum, pay
<br /> meat System in accordance with the .,pro able in equal monthly or-less', frequent
<br /> visions..-of said Retirement ,Act, governing installs;rents .as Board shall.,-require,
<br /> membership in said Retirement'System, and for a'period of 2'5-years; on account-of 1
<br /> subjept: to the further'exclusions fin meni - -the liability for benefits based on sex-
<br /> - berslip'in the next following sentence: - vice rendered to City,prior to theof
<br /> - £ecti"ve::date:-hereof.
<br /> Humber of .. t-
<br /> - ' Embloyeea Minliiium '-6 8:31;8"percent of total salaries`patd by ,
<br /> Elloible for Ago For City each mrath to`Yts employees wad r
<br /> Member 1p Voluntary ., ( ate members of'said Retirement Sys
<br /> _ on"Annust $erreme
<br /> Classes of-Employees' 1:, .1945 Reli remen! Mem,-provided'that.Only salary'earned -
<br /> _ a. City Firemen, ,ss;- defined iii - as den ns of said-System shall:he in '
<br /> ployeli,8c of ne.State Em-
<br /> - eluded in said total-salaries, and that
<br /> . ployees' Retirement Act , 50 60 ;Syst oyees who are n�emplo of said I
<br /> -- : - System 'shall include,employees who
<br /> b City Policemen as defined,in. ; become members -upon the effective
<br /> Section 8h, of .they- State tin-.- date hereof and employees who become
<br /> ployees'. Retirement Act ,` 48 60 t ' members: thereafter. "'
<br /> c. Employees other, than City c A reasonable amount as fixed by-Board,` '
<br /> Fitemeh and City Policemen,.154 payable 'in equal-.monthly or less fie- -: r--'
<br /> -''AS provided.in 'the Reti ement Act ' qne it installments;::as Board:shall re
<br /> ' - -- _ ,quire, to:,cover the costs of administer
<br /> In addition to,the:employees excludedfrom = mg said::System as if affects the em
<br /> membership by said. Retirement Act, ,tire fol `t -ployees of City, not,ineluding tlfe costs
<br /> lowm
<br /> ing employees shall not becoe'members of special valuations ri of�the.,pet-
<br /> 'of die Rehremenf'System: No>additional — 'iodical-investigation and valuation re-
<br /> elusions Board and City,agree that, exceptcx 4uired by, law; pitovided that said
<br /> as provided sir paragraph 5 ,iio-adjustment ' cal
<br /> year
<br /> all not exceed $2,00 tier`-tis- `
<br /> shall be-.made in the amount of contributions cal year per member; on the;basis `of
<br /> proyided iii paragrapli.5a, on account,of px}pi .. the.number ob employees of City, who y
<br /> service,or m the pe}-centage provided in para are-members on July 1st of tilerespee
<br /> graph,5b,, because of variations in the num five fiscal years, or with respect to the
<br /> hers ',oft letnployees,; who ' m
<br /> -become , embers first, year of participation; on:'the ,{
<br /> of said iRetirement.:System on,-.,th e'effective £carve--date of said: participation, _ ,{
<br /> date;,hereof, from-the numbers:listed above "d A reasonable, amount as fixed':by the
<br /> - due to•termination,of service.-by such causes Board, payable;in one installment from I
<br /> as,death,'resignation or discharge, or the etft rime to time'as,the:occas ions arise to
<br /> ploymetif-of individuals riot l,included„ in said "" cover the costs of special valuations '
<br /> account of employees of City-and
<br /> Benefits on account o, P or service,-tHat Lha costs of theperiodical',ii vestiga
<br /> tion, into the experience under said
<br /> is, servipe credited lierennder as rendered":to is 'Retirement System;,as it affects said'
<br /> Ctty.prior-to the effective date hereof, shall ;y. employees, and the'. valuation-'of 1the
<br /> be allowed to city,`-firemen and city-polite -assets'and" liabilities of said System
<br /> men and tb other`employees,=rale. as per ,on aecou;it .of said employees.'
<br /> f centa'ges- -of the respective average salaries
<br /> 'in, said'Reti ement Act, for- each -u :-` Conttisutions=required'of City, andv fts em
<br /> specified
<br /> year of -
<br /> ---
<br /> f-such service^and ,saidpercentgge-s �ployee5 shall be subject to'ad�ustmen{-by
<br /> :� sltall be'_egttal to 100=pet cent_of'the analogous j Shard of Administration on account of.amend
<br /> percentages now used under said Retirement meats to the:'State Employees' Retirement
<br /> C
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