Amend CalPERS contract to make classic safety employees pay 2% more toward retirement
Resolution Ordinance No. 7-15 N.S.
In Plain English
The city currently covers most retirement costs for police and fire employees hired before 2013. If approved, these classic safety members pay an additional 2% of their salary toward their own pensions. This shifts retirement costs from taxpayers to employees.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
6 to 0
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