Grant 3-month window for certain employees to buy 2 years of retirement credit

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Resolution Resolution No. 81-10

In Plain English

The city previously offered employees in specific job classifications the option to purchase 2 additional years of service credit toward early retirement. This resolution reopens that opportunity for 3 months, from July 21 to October 20, 2010. Employees who qualify can pay into the retirement system to retire earlier with enhanced benefits.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Councilmember ViramontesSeconded by: Councilmember Rogers
Passed

6 to 0

McLaughlinAbsent
ButtAye
BatesAye
RogersAye
RittermanAye
LopezAye
ViramontesAye