Common use of Additional Retirement Benefits Clause in Contracts

Additional Retirement Benefits. 1. 2% at 60" formula as adopted by the City, effective July 1, 1971. 2. 1959 Survivors Benefit Level Three as adopted by the City, effective November 5, 1994. 3. Survivors Continuance benefit as adopted by the City, effective July 1, 1971. 4. One time five percent (5%) increase for employees retired prior to January 1, 1971, adopted by the City, effective July 1, 1975. 5. One-year highest compensation formula as adopted by the City effective September 1, 1976. 6. One time fifteen percent (15%) increase for employees retired prior to July 1, 1971, adopted by the City, effective October 1, 1977. 7. Post retirement survivors allowance to continue after re-marriage, effective August 13, 1985. 8. Military buy back effective November 8, 1991. 9. “2% at 55" formula as adopted by the City effective October 1, 1994. 10. 1959 Survivor’s Benefit - Level Four- as adopted by the City effective October, 1997. 11. Unused Sick Leave Credits (Gov’t. Code 20965) effective June 30, 1998. 12. “2.5% at 55” formula effective December 1, 2005 (single highest year).

Additional Retirement Benefits. 1. 2% at 60" formula as adopted by the City, effective July 1, 1971. 2. 1959 Survivors Benefit Level Three as adopted by the City, effective November 5, 1994. 3. Survivors Continuance benefit as adopted by the City, effective July 1, 1971. 4. One time five percent (5%) increase for employees retired prior to January 1, 1971, adopted by the City, effective July 1, 1975. 5. One-One year highest compensation formula as adopted by the City effective September 1, 1976. 6. One time fifteen percent (15%) increase for employees retired prior to July 1, 1971, adopted by the City, effective October 1, 1977. 7. Post retirement survivors allowance to continue after re-marriage, effective August 13, 1985. 8. Military buy back effective November 8, 1991. 9. “2% at 55" formula as adopted by the City effective October 1, 1994. 10. 1959 Survivor’s Benefit - Level Four- as adopted by the City effective October, 1997. 11. Unused Sick Leave Credits (Gov’t. Code 20965) effective June 30, 1998. 12. “2.5% at 55” formula effective December 1, 2005 (single highest year).

Additional Retirement Benefits. 1. 2% at 60" formula as adopted by the City, effective July 1, 1971. 2. 1959 Survivors Benefit Level Three as adopted by the City, effective November 5, 1994. 3. Survivors Continuance benefit as adopted by the City, effective July 1, 1971. 4. One time five percent (5%) increase for employees retired prior to January 1, 1971, adopted by the City, effective July 1, 1975. 5. One-One year highest compensation formula as adopted by the City effective September 1, 1976. 6. One time fifteen percent (15%) increase for employees retired prior to July 1, 1971, adopted by the City, effective October 1, 1977. 7. Post retirement survivors allowance to continue after re-marriagere-­‐marriage, effective August 13, 1985. 8. Military buy back effective November 8, 1991. 9. “2% at 55" formula as adopted by the City effective October 1, 1994. 10. 1959 Survivor’s Benefit - -­‐ Level Four- Four-­‐ as adopted by the City effective October, 1997. 11. Unused Sick Leave Credits (Gov’t. Code 20965) effective June 30, 1998. 12. “2.5% at 55” formula effective December 1, 2005 (single highest year). 13. “2% at 55” formula, with the highest three average years, as adopted by the City effective January 1, 2011 for all new unit employees hired on or after January 1, 2011. 14. Retirement Optional Settlement 2 Death Benefit (Govt. Code Section 21548) to be adopted by the City effective July 1, 2007.

Additional Retirement Benefits. 1. 2% at 60" formula as adopted by the City, effective July 1, 1971. 2. 1959 Survivors Benefit Level Three as adopted by the City, effective November 5, 1994. 3. Survivors Continuance benefit as adopted by the City, effective July 1, 1971. 4. One time five percent (5%) increase for employees retired prior to January 1, 1971, adopted by the City, effective July 1, 1975. 5. One-One year highest compensation formula as adopted by the City effective September 1, 1976. 6. One time fifteen percent (15%) increase for employees retired prior to July 1, 1971, adopted by the City, effective October 1, 1977. 7. Post retirement survivors allowance to continue after re-marriagere‐marriage, effective August 13, 1985. 8. Military buy back effective November 8, 1991. 9. “2% at 55" formula as adopted by the City effective October 1, 1994. 10. 1959 Survivor’s Benefit - Level Four- as adopted by the City effective October, 1997. 11. Unused Sick Leave Credits (Gov’t. Code 20965) effective June 30, 1998. 12. “2.5% at 55” formula effective December 1, 2005 (single highest year).

Additional Retirement Benefits. 1. 2% at 60" formula as adopted by the City, effective July 1, 1971. 2. 1959 Survivors Benefit Level Three as adopted by the City, effective November 5, 1994. 3. Survivors Continuance benefit as adopted by the City, effective July 1, 1971. 4. One time five percent (5%) increase for employees retired prior to January 1, 1971, adopted by the City, effective July 1, 1975. 5. One-One year highest compensation formula as adopted by the City effective September 1, 1976. 6. One time fifteen percent (15%) increase for employees retired prior to July 1, 1971, adopted by the City, effective October 1, 1977. 7. Post retirement survivors allowance to continue after re-marriage, effective August 13, 1985. 8. Military buy back effective November 8, 1991. 9. “2% at 55" formula as adopted by the City effective October 1, 1994. 10. 1959 Survivor’s Benefit - Level Four- as adopted by the City effective October, 1997. 11. Unused Sick Leave Credits (Gov’t. Code 20965) effective June 30, 1998. 12. “2.5% at 55” formula effective December 1, 2005 (single highest year). 13. “2% at 55” formula, with the highest three average years, as adopted by the City effective January 1, 2011 for all new unit employees hired on or after January 1, 2011. 14. Retirement Optional Settlement 2 Death Benefit (Govt. Code Section 21548) to be adopted by the City effective July 1, 2007.