A.
Ca.IPERS
California
Public Employees' Retirement System
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AMENDMENT TO CONTRACT
Between the
Board of Administration
California Public Employees' Retirement System
and the
City Council
City of Manteca
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The Board of Administration, California Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of the above public agency, hereinafter referred to as Public Agency, having entered into a contract effective February 1, 1973, and witnessed January 24, 1973, and as amended effective January 16, 1974, April 1, 1978, March 10, 1983, July 1, 1984, July 1, 1985, June 1, 1987, October 7, 1994, September 5, 1996, March 6, 1997, July 1, 1999, January 1, 2004, June 1, 2012, and August 1, 2014, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows:
A. Paragraphs 1 through 18 are hereby stricken from said contract as executed effective August 1, 2014, and hereby replaced by the following paragraphs numbered 1 through 20 inclusive:
1. All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 55 for classic local miscellaneous members entering membership in the miscellaneous classification on or prior to June 1, 2012, age 60 for classic local miscellaneous members entering membership for·, the first time in the miscellaneous classification after June 1, 2012, age 62 for new local miscellaneous members, age 50 for classic local police members entering membership in the police classification on or prior to June 1, 2012, age 55 for classic local fire members and for those classic local police members entering membership for the first time in the police classification after June 1, 2012, and age 57 for new safety members.
Exhibit "A" ATTACHMENT 2
Exhibit "A" ATTACHMENT 2
Exhibit "A" ATTACHMENT 2
Exhibit "A" ATTACHMENT 2
Exhibit "A" ATTACHMENT 2
Exhibit "A" ATTACHMENT 2