HAYWARD CITY COUNCIL
RESOLUTION NO. 24-_____
Introduced by Council Member __________
RESOLUTION AUTHORIZING EXECUTION OF A SIDE LETTER AGREEMENT AMENDING THE MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF HAYWARD AND THE HAYWARD POLICE OFFICERS ASSOCIATION (HPOA) TO CHANGE THE EXISTING COST-SHARING AMOUNT FOR PEPRA MEMBERS WHEREAS, the Hayward Police Bargaining Unit and its members (collectively “HPOA”) hired on or after January 1, 2013 are considered CalPERS PEPRA Police New Members; and WHEREAS, CalPERS PEPRA Police Members will continue to a total of 15% of their salary to fund their retirement costs; and WHEREAS, effective July 1, 2023, CalPERS increased the employee contribution rate for PEPRA Police Members from the current rate of 13% to 13.5%, thus leaving a difference of .5% to be reduced from the member’s employer contribution to equal the previously agreed to 15% total contribution; and WHEREAS, for the City to report the correct contribution rate to CalPERS, an executed side letter with the exact percentage of cost-sharing, is required by CalPERS.
NOW, THEREFORE, BE IT RESOLVED that the City Council hereby approve the executed side letter changing the existing cost-sharing amounts for PEPRA Police Members.
IN COUNCIL, HAYWARD, CALIFORNIA _______________________, 2024 ADOPTED BY THE FOLLOWING VOTE:
AYES: COUNCIL MEMBERS:
MAYOR:
NOES: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
ATTEST: ______________________________________
City Clerk of the City of Hayward
APPROVED AS TO FORM:
_________________________________________
City Attorney of the City of Hayward
ATTACHMENT II