CalPERS Retirement
Contract Amendment
October 6, 2026
Employee Group Police Safety Fire Safety Miscellaneous
Unrepresented MGMT
POA
IAFF
SEIU
Unrepresented Part-Time
BACKGROUND
Current Proposed
Benefit Level Required Cost Share Total Cost Share Total Tier 1 and 2 9% 7% 16% 5% 14%
PEPRA 13.75% 3% 16.75% 1% 14.75%
SAFETY MANAGER CONTRIBUTIONS
AMENDMENT PROCESS
• Approval of Resolution of Intention - October 6th
• Introduction and first reading of ordinance - October 6th • Secret ballot election - October 7th-13th
• Second reading and adoption of ordinance - November 3rd • Implementation of cost share reduction - January 3rd
RECOMMENDATION
Option 2:
Approve Resolution 26-XXX giving notice of the City’s intention to approve an amendment to the contract between the City of Paso Robles and the Board of Administration of the California Public Employees' Retirement System for the MGMT police and fire safety member categories; and introduce, for first reading by title only, Ordinance No. XXXX authorizing the amendment to the contract between the City of Paso Robles and the Board of Administration of the California Public Employees’ Retirement System.