Amend CalPERS contract to share 3% additional retirement costs with safety employees

Police & Community SafetyPersonnel<UNKNOWN>

<UNKNOWN>

Resolution Resolution No. 92-15

In Plain English

The city currently pays all retirement costs for fire and police managers and union firefighters through CalPERS. This amendment requires these safety employees to share 3% of additional retirement costs. The change affects members of the fire management association, firefighters union, and police management association.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Councilmember McLaughlinSeconded by: Vice Mayor Myrick
Passed

7 to 0

Nathaniel BatesAye
Tom ButtAye
Jael MyrickAye
Jovanka BecklesAye
Eduardo MartinezAye
Gayle McLaughlinAye
Vinay PimpléAye