Amend CalPERS contract to share 3% additional retirement costs with safety employees
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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
7 to 0
Community Discussion
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Similar Discussions
5 related items found by meaning
Amend CalPERS contract to make classic safety employees pay 2% more toward retirement
Allow firefighters and police to pay extra 1% toward retirement benefits
Require firefighters and police to pay 1% more toward their pensions
Allow firefighters and police to contribute extra 1% toward retirement
Amend CalPERS contract to allow police and fire pension transfers
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