Common use of California Public Employees’ Retirement System Clause in Contracts

California Public Employees’ Retirement System. Tier 1 The establishment of a second and third tier of benefits as defined below shall not affect the benefits currently in effect for Safety – Fire and Safety – Police employees hired prior to 11/15/12, the effective date of the CalPERS contract amendment. Safety – Fire and Safety – Police employees hired prior to the establishment of the second tier of retirement benefit are provided with the 3% at 50 formula retirement plan. The City's contract with CalPERS for Safety – Fire includes the following optional benefits: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provided in Section 21024 (January 4, 1996). • One-Year Final Compensation as provided Section 20042 (November 1, 1981). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The City’s contract with CalPERS for Safety - Police includes the following optional benefits: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (June 30, 1996). • Military Service Credit as provide in Section 21024 (January 4, 1996). • One-Year Final Compensation as provided in Section 20042 (July 1, 1982). • Credit for Unused Sick Leave as provided in Section 20965 (July 1, 1982). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (July 1, 1982). • Retired Death Benefit of $500 as provided in Section 21620 (July 1, 1982). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (July 1, 1982). The establishment of a second and third tier of benefits as defined below shall not affect the benefits currently in effect for Miscellaneous employees hired prior to 12/28/12, the effective date of the CalPERS contract amendment. Miscellaneous employees hired prior to the establishment of the second tier of retirement benefit are provided with the 2% at 55 formula retirement plan. The City's contract with CalPERS for Miscellaneous includes the following optional benefits: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • Military Service Credit as provided in Section 21024 (January 1, 1992). • One-Year Final Compensation as provided Section 20042 (November 1, 1980). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (April 1, 1971). • Retired Death Benefit of $500 as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). Tier 2 Safety employees who are considered by XxxXXXX to be “classic” members hired after 11/15/12, the effective date of the amended contract with CalPERS, shall receive the 3% at 55 formula retirement plan and the three-year final average compensation. The following optional benefits will remain in effect for Safety - Fire employees in the second retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The following optional benefits will remain in effect for Safety - Police employees in the second retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). Miscellaneous employees who are considered by XxxXXXX to be “classic” members hired after 12/28/12, the effective date of the amended contract with XxxXXXX, shall receive the 2% at 60 formula retirement plan and the three-year final average compensation. The following optional benefits will remain in effect for Miscellaneous employees in the second retirement tier: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • 1957 Survivor Allowance as provided in Section 21546 (December 28, 2012). • Military Service Credit as provided in Section 21024 (January 1, 1992). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (April 1, 1971). • Retired Death Benefit of $500 as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). Tier 3 New Safety employees hired on or after January 1, 2013 who meet the definition of a new CalPERS member under the Public Employees’ Pension Reform Act (PEPRA) shall receive the 2.7% at 57 retirement formula with three-year final average compensation. The following optional benefits will be in effect for Safety - Fire employees in the third retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The following optional benefits will be in effect for Safety - Police employees in the third retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). New Miscellaneous employees hired on or after January 1, 2013 who meet the definition of a new CalPERS member under the Public Employees’ Pension Reform Act (PEPRA) shall receive the 2% at 62 retirement formula with three-year final average compensation. The following optional benefits will be in effect for Miscellaneous employees in the third retirement tier: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • 1957 Survivor Allowance as provided in Section 21546 (December 28, 2012). • Military Service Credit as provided in Section 21024 (January 1, 1992). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (April 1, 1971). • Retired Death Benefit of $500 as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). The City shall continue to defer that portion of the employee’s contribution paid to CalPERS through section 414(h)(2) of the Internal Revenue Code pursuant to City of Petaluma Resolution 90-363 N.C.S. Effective February 26, 2018, all employees shall pay an additional three percent (3%) towards PERS retirement. For Classic Safety employees, this three percent (3%) is added to the nine percent (9%) employee contribution, for a total contribution of twelve percent (12%). Safety – Fire employees subject to the PEPRA formula shall also pay an additional three percent (3%) on top of their required employee contribution of twelve-point twenty-five percent (12.25%) but is subject to change by PERS. Safety – Police employees subject to the PEPRA formula shall also pay an additional three percent (3%) on top of their required employee contribution of twelve-point twenty-five percent (11.75%) but is subject to change by PERS. For Classic Miscellaneous employees, this three percent (3%) is added to the seven percent (7%) employee contribution, for a total contribution of ten percent (10%). Miscellaneous employees subject to the PEPRA formula shall also pay an additional three percent (3%) on top of their required employee contribution of six-point seventy-five percent (6.75%) but is subject to change by PERS.

California Public Employees’ Retirement System. Tier 1 The establishment of a second and third tier of benefits as defined below shall not affect the benefits currently in effect for Safety – Fire and Safety – Police employees hired prior to 11/15/12, the effective date of the CalPERS contract amendment. Safety – Fire and Safety – Police employees hired prior to the establishment of the second tier of retirement benefit are provided with the 3% at 50 formula retirement plan. The City's contract with CalPERS for Safety – Fire includes the following optional benefits: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provided in Section 21024 (January 4, 1996). • One-Year Final Compensation as provided Section 20042 (November 1, 1981). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The City’s contract with CalPERS for Safety - Police includes the following optional benefits: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (June 30, 1996). • Military Service Credit as provide in Section 21024 (January 4, 1996). • One-Year Final Compensation as provided in Section 20042 (July 1, 1982). • Credit for Unused Sick Leave as provided in Section 20965 (July 1, 1982). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (July 1, 1982). • Retired Death Benefit of $500 as provided in Section 21620 (July 1, 1982). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (July 1, 1982). The establishment of a second and third tier of benefits as defined below shall not affect the benefits currently in effect for Miscellaneous employees hired prior to 12/28/12December 28, the effective date of the CalPERS contract amendment. Miscellaneous employees hired prior to the establishment of the second tier of retirement benefit 2012 are provided with the 2% at 55 formula retirement plan. The City's contract with CalPERS for Miscellaneous California Public Employees’ Retirement System (“CalPERS”) includes the following optional benefits: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • Military Service Credit as provided in Section 21024 (January 1, 1992). • One-Year Final Compensation as in provided Section 20042 (November 1, 1980). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). Tier 2 Safety employees who are considered by XxxXXXX to be “classic” members hired after 11/15/12, the effective date of the amended contract with CalPERS, shall receive the 3% at 55 formula retirement plan and the three-year final average compensation. The following optional benefits will remain in effect for Safety - Fire employees in the second retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The following optional benefits will remain in effect for Safety - Police employees in the second retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). Miscellaneous employees who are considered by XxxXXXX to be “classic” members but who were hired after 12/28/12December 28, 2012, the effective date of the amended contract with XxxXXXXCalPERS, shall receive the 2% at 60 formula retirement plan and the three-year final average compensation. The following optional benefits will remain in effect for Miscellaneous employees in the second retirement tier: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • 1957 Survivor Allowance as provided in Section 21546 (December 28, 2012). • Military Service Credit as provided in Section 21024 (January 1, 1992). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). Tier 3 New Safety employees hired on or after January 1, 2013 who meet the definition of a new CalPERS member under the Public Employees’ Pension Reform Act (PEPRA) shall receive the 2.7% at 57 retirement formula with three-year final average compensation. The following optional benefits will be in effect for Safety - Fire employees in the third retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The following optional benefits will be in effect for Safety - Police employees in the third retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). New Miscellaneous miscellaneous employees hired on or after January 1, 2013 who meet the definition of a new CalPERS member under the Public Employees’ Pension Reform Act (PEPRA) shall receive the 2% at 62 retirement formula with three-year final average compensation. The compensation and the following optional benefits will be in effect for Miscellaneous employees in the third retirement tier: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • 1957 Survivor Allowance as provided in Section 21546 (December 28, 2012). • Military Service Credit as provided in Section 21024 (January 1, 1992). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). The City shall continue to defer that portion of the employee’s paid contribution paid to CalPERS through section 414(h)(2414(h) (2) of the Internal Revenue Code pursuant to City of Petaluma Resolution 90-363 N.C.S. Effective February 26, 2018, all All employees shall pay an additional three four percent (34%) towards PERS retirement. For Classic Safety employees, this three four percent (3%) is added to the nine percent (9%) employee contribution, for a total contribution of twelve percent (12%). Safety – Fire employees subject to the PEPRA formula shall also pay an additional three percent (3%) on top of their required employee contribution of twelve-point twenty-five percent (12.25%) but is subject to change by PERS. Safety – Police employees subject to the PEPRA formula shall also pay an additional three percent (3%) on top of their required employee contribution of twelve-point twenty-five percent (11.75%) but is subject to change by PERS. For Classic Miscellaneous employees, this three percent (34%) is added to the seven percent (7%) employee member contribution, for a total contribution of ten eleven percent (1011%). Miscellaneous employees Employees subject to the PEPRA formula shall also pay an additional three four percent (34%) on top of their required employee contribution of six-point seventy-five percent (6.75%) but is subject to change contribution, as established annually by PERS.

California Public Employees’ Retirement System. Tier 1 The establishment of a second and third tier of benefits as defined below shall not affect the benefits currently in effect for Safety – Fire and Safety – Police employees hired prior to 11/15/12, the effective date of the CalPERS contract amendment. Safety – Fire and Safety – Police employees hired prior to the establishment of the second tier of retirement benefit are provided with the 3% at 50 formula retirement plan. The City's contract with CalPERS for Safety – Fire includes the following optional benefits: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provided in Section 21024 (January 4, 1996). • One-Year Final Compensation as provided Section 20042 (November 1, 1981). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The City’s contract with CalPERS for Safety - Police includes the following optional benefits: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (June 30, 1996). • Military Service Credit as provide in Section 21024 (January 4, 1996). • One-Year Final Compensation as provided in Section 20042 (July 1, 1982). • Credit for Unused Sick Leave as provided in Section 20965 (July 1, 1982). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (July 1, 1982). • Retired Death Benefit of $500 as provided in Section 21620 (July 1, 1982). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (July 1, 1982). The establishment of a second and third tier of benefits as defined below shall not affect the benefits currently in effect for Miscellaneous employees hired prior to 12/28/12, the effective date of the CalPERS contract amendment. Miscellaneous employees hired prior to the establishment of the second tier of retirement benefit are provided with the 2% at 55 formula retirement plan. The City's contract with CalPERS for Miscellaneous includes the following optional benefits: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • Military Service Credit as provided in Section 21024 (January 1, 1992). • One-Year Final Compensation as in provided Section 20042 (November 1, 1980). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). Tier 2 Safety employees who are considered by XxxXXXX to be “classic” members hired after 11/15/12On August 15, 2012, the effective date of the amended contract with CalPERS, shall receive the 3% at 55 formula retirement plan Association and the threeCity reached agreement on establishing a different level of benefits (two-year final average compensation. The following optional benefits will remain in effect tiered retirement) for Safety - Fire employees in the second retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The following optional benefits will remain in effect for Safety - Police employees in the second retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981)newly hired Miscellaneous employees. Miscellaneous employees who are considered by XxxXXXX to be “classic” members hired after 12/28/12, the effective date of the amended contract with XxxXXXXCalPERS, shall receive the 2% at 60 formula retirement plan and the three-year final average compensation. The following optional benefits will remain in effect for Miscellaneous employees in the second retirement tier: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • 1957 Survivor Allowance as provided in Section 21546 (December 28, 2012). • Military Service Credit as provided in Section 21024 (January 1, 1992). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). Tier 3 New Safety miscellaneous employees hired on or after January 1, 2013 who meet the definition of a new CalPERS member under the Public Employees’ Pension Reform Act (PEPRA) shall receive the 2.7% at 57 retirement formula with three-year final average compensation. The following optional benefits will be in effect for Safety - Fire employees in the third retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The following optional benefits will be in effect for Safety - Police employees in the third retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). New Miscellaneous employees hired on or after January 1, 2013 who meet the definition of a new CalPERS member under the Public Employees’ Employee’s Pension Reform Act (PEPRA) shall receive the 2% at 62 retirement formula with three-year final average compensation. The compensation and the following optional benefits will be in effect for Miscellaneous employees in the third retirement tier: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • 1957 Survivor Allowance as provided in Section 21546 (December 28, 2012). • Military Service Credit as provided in Section 21024 (January 1, 1992). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). The City shall continue to defer that portion of the employee’s paid contribution paid to CalPERS through section 414(h)(2414(h) (2) of the Internal Revenue Code pursuant to City of Petaluma Resolution 90-363 N.C.S. Effective February 26September 12, 20182016, all employees shall pay an additional three percent (3%) towards PERS retirement. For Classic Safety employees, this three percent (3%) is added to the nine current seven percent (97%) employee contribution, for a total contribution of twelve ten percent (1210%). Safety – Fire employees Employees subject to the PEPRA formula shall also pay an additional three percent (3%) on top of their required employee contribution, for a total contribution of twelvenine-point twenty-five percent (12.25%) 9.25% but is subject to change by PERS. Safety – Police Effective the first full pay period in July 2018, all employees subject to the PEPRA formula shall also pay an additional three one percent (31%) on top of their required employee contribution of twelve-point twenty-five percent (11.75%) but is subject to change by PERStowards PERS retirement. For Classic Miscellaneous employees, this three one percent (31%) is added to the seven current ten percent (710%) employee contribution, for a total contribution of ten eleven percent (1011%). Miscellaneous employees Employees subject to the PEPRA formula shall also pay an additional three this one percent (31%) in addition to a point five percent (0.5%) increase as calculated by CalPERS for fiscal year 2018/2019 on top of their required employee contribution, for a total contribution of sixten-point seventy-five percent (6.7510.75%) but is subject to change by PERS.

California Public Employees’ Retirement System. Tier 1 The establishment of a second and third tier of benefits as defined below shall not affect the benefits currently in effect for Safety – Fire and Safety – Police City provides Miscellaneous employees who were hired prior to 11/15/12December 28, the effective date of the CalPERS contract amendment. Safety – Fire and Safety – Police employees hired prior to the establishment of the second tier of retirement benefit are provided 2012 with the 3% two percent (2%) at 50 fifty-five (55) formula retirement plan. The City's contract with CalPERS for Safety – Fire includes the following optional benefits: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provided in Section 21024 (January 4, 1996). • One-Year Final Compensation as provided Section 20042 (November 1, 1981). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The City’s contract with CalPERS for Safety - Police includes the following optional benefits: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 California Public Employees’ Retirement System (June 30, 1996). • Military Service Credit as provide in Section 21024 (January 4, 1996). • One-Year Final Compensation as provided in Section 20042 (July 1, 1982). • Credit for Unused Sick Leave as provided in Section 20965 (July 1, 1982). • Cost of Living Allowance two percent (2%CalPERS) as provided by Section 21329 (July 1, 1982). • Retired Death Benefit of $500 as provided in Section 21620 (July 1, 1982). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (July 1, 1982). The establishment of a second and third tier of benefits as defined below shall not affect the benefits currently in effect for Miscellaneous employees hired prior to 12/28/12, the effective date of the CalPERS contract amendment. Miscellaneous employees hired prior to the establishment of the second tier of retirement benefit are provided with the 2% at 55 formula retirement plan. The City's contract with CalPERS for Miscellaneous includes the following optional benefits: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • Military Service Credit as provided in Section 21024 (January 1, 1992). • One-Year Final Compensation as provided Section 20042 (November 1, 1980). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500.00) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). Tier 2 Safety Miscellaneous employees who are considered by XxxXXXX CalPERS to be “classic” members but who were hired on or after 11/15/12December 28, 2012, the effective date of the amended contract with CalPERS, shall receive the 3% at 55 formula retirement plan and the three-year final average compensation. The following optional benefits will remain in effect for Safety - Fire employees in the second retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The following optional benefits will remain in effect for Safety - Police employees in the second retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). Miscellaneous employees who are considered by XxxXXXX to be “classic” members hired after 12/28/12, the effective date of the amended contract with XxxXXXX, shall receive the 2% at 60 formula retirement plan and the three-year final average compensation. The following optional benefits will remain in effect for Miscellaneous employees in the second retirement tier: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • 1957 Survivor Allowance as provided in Section 21546 (December 28, 2012). • Military Service Credit as provided in Section 21024 (January 1, 1992). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). Tier 3 New Safety employees hired on or after January 1, 2013 who meet the definition of a new CalPERS member under the Public Employees’ Pension Reform Act (PEPRA) shall receive the 2.7% at 57 retirement formula with three-year final average compensation. The following optional benefits will be in effect for Safety - Fire employees in the third retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The following optional benefits will be in effect for Safety - Police employees in the third retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). New Miscellaneous miscellaneous employees hired on or after January 1, 2013 who meet the definition of a new CalPERS member under the Public Employees’ Pension Reform Act (PEPRA) shall receive the 2% at 62 retirement formula with three-year final average compensation. The compensation and the following optional benefits will be in effect for Miscellaneous employees in the third retirement tier: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • 1957 Survivor Allowance as provided in Section 21546 (December 28, 2012). • Military Service Credit as provided in Section 21024 (January 1, 1992). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). The City shall continue to defer that portion of the employee’s contribution paid to CalPERS through section 414(h)(2) of the Internal Revenue Code pursuant to City of Petaluma Resolution 90-363 N.C.S. Effective February 26, 2018, all All employees shall pay an additional three four percent (34%) towards PERS retirement. For Classic Safety employees, this three four percent (3%) is added to the nine percent (9%) employee contribution, for a total contribution of twelve percent (12%). Safety – Fire employees subject to the PEPRA formula shall also pay an additional three percent (3%) on top of their required employee contribution of twelve-point twenty-five percent (12.25%) but is subject to change by PERS. Safety – Police employees subject to the PEPRA formula shall also pay an additional three percent (3%) on top of their required employee contribution of twelve-point twenty-five percent (11.75%) but is subject to change by PERS. For Classic Miscellaneous employees, this three percent (34%) is added to the seven percent (7%) employee member contribution, for a total contribution of ten eleven percent (1011%). Miscellaneous employees Employees subject to the PEPRA formula shall also pay an additional three four percent (34%) on top of their required employee contribution of six-point seventy-five percent (6.75%) but is subject to change contribution, as established annually by PERS.

California Public Employees’ Retirement System. Tier 1 The establishment of a second and third tier of benefits as defined below shall not affect the benefits currently in effect for Safety – Fire and Safety – Police employees hired prior to 11/15/12, the effective date of the CalPERS contract amendment. Safety – Fire and Safety – Police employees hired prior to the establishment of the second tier of retirement benefit are provided with the 3% at 50 formula retirement plan. The City's contract with CalPERS for Safety – Fire includes the following optional benefits: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provided in Section 21024 (January 4, 1996). • One-Year Final Compensation as provided Section 20042 (November 1, 1981). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The City’s contract with CalPERS for Safety - Police includes the following optional benefits: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (June 30, 1996). • Military Service Credit as provide in Section 21024 (January 4, 1996). • One-Year Final Compensation as provided in Section 20042 (July 1, 1982). • Credit for Unused Sick Leave as provided in Section 20965 (July 1, 1982). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (July 1, 1982). • Retired Death Benefit of $500 as provided in Section 21620 (July 1, 1982). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (July 1, 1982). The establishment of a second and third tier of benefits as defined below shall not affect the benefits currently in effect for Miscellaneous employees hired prior to 12/28/12December 28, the effective date of the CalPERS contract amendment. Miscellaneous employees hired prior to the establishment of the second tier of retirement benefit 2012 are provided with the 2% at 55 formula retirement plan. The City's contract with CalPERS for Miscellaneous California Public Employees’ Retirement System (“CalPERS”) includes the following optional benefits: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • Military Service Credit as provided in Section 21024 (January 1, 1992). • One-Year Final Compensation as in provided Section 20042 (November 1, 1980). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). Tier 2 Safety Miscellaneous employees who are considered by XxxXXXX CalPERS to be “classic” members but who were hired after 11/15/12December 28, 2012, the effective date of the amended contract with CalPERS, shall receive the 3% at 55 formula retirement plan and the three-year final average compensation. The following optional benefits will remain in effect for Safety - Fire employees in the second retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The following optional benefits will remain in effect for Safety - Police employees in the second retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). Miscellaneous employees who are considered by XxxXXXX to be “classic” members hired after 12/28/12, the effective date of the amended contract with XxxXXXX, shall receive the 2% at 60 formula retirement plan and the three-year final average compensation. The following optional benefits will remain in effect for Miscellaneous employees in the second retirement tier: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • 1957 Survivor Allowance as provided in Section 21546 (December 28, 2012). • Military Service Credit as provided in Section 21024 (January 1, 1992). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). Tier 3 New Safety employees hired on or after January 1, 2013 who meet the definition of a new CalPERS member under the Public Employees’ Pension Reform Act (PEPRA) shall receive the 2.7% at 57 retirement formula with three-year final average compensation. The following optional benefits will be in effect for Safety - Fire employees in the third retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Post Retirement Survivors Allowance –fifty percent (50%) as provided by Sections: 21624, 21626, and 21628 (January 1, 1987). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Post Retirement Survivor Allowance Continues as provided in Section 21635 (January 1, 2000). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). The following optional benefits will be in effect for Safety - Police employees in the third retirement tier: • Fourth Level - 1959 Survivor's Benefit as provided in Section 21574 (May 4, 1998). • Military Service Credit as provide in Section 21024 (January 4, 1996). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1981). • Cost of Living Allowance two percent (2%) as provided by Section 21329 (November 1, 1981). • Retired Death Benefit of $500 as provided in Section 21620 (November 1, 1981). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (November 1, 1981). New Miscellaneous miscellaneous employees hired on or after January 1, 2013 who meet the definition of a new CalPERS member under the Public Employees’ Pension Reform Act (PEPRA) shall receive the 2% at 62 retirement formula with three-year final average compensation. The compensation and the following optional benefits will be in effect for Miscellaneous employees in the third retirement tier: • Third Level - 1959 Survivor's Benefit as provided in Section 21573 (April 5, 1999). • 1957 Survivor Allowance as provided in Section 21546 (December 28, 2012). • Military Service Credit as provided in Section 21024 (January 1, 1992). • Credit for Unused Sick Leave as provided in Section 20965 (November 1, 1980). • Cost of Living Allowance two percent (2%) as provided by in Section 21329 (April 1, 1971). • Retired Death Benefit of five-hundred dollars ($500 500) as provided in Section 21620 (December 1, 1969). • Death Benefit Continues as provided in Section 21551 (January 1, 2000). • Prior Service Credit as provided in Section 20055 (January 1, 1950). The City shall continue to defer that portion of the employee’s paid contribution paid to CalPERS through section 414(h)(2414(h) (2) of the Internal Revenue Code pursuant to City of Petaluma Resolution 90-363 N.C.S. Effective February 26, 2018, all All employees shall pay an additional three four percent (34%) towards PERS retirement. For Classic Safety employees, this three four percent (3%) is added to the nine percent (9%) employee contribution, for a total contribution of twelve percent (12%). Safety – Fire employees subject to the PEPRA formula shall also pay an additional three percent (3%) on top of their required employee contribution of twelve-point twenty-five percent (12.25%) but is subject to change by PERS. Safety – Police employees subject to the PEPRA formula shall also pay an additional three percent (3%) on top of their required employee contribution of twelve-point twenty-five percent (11.75%) but is subject to change by PERS. For Classic Miscellaneous employees, this three percent (34%) is added to the seven percent (7%) employee member contribution, for a total contribution of ten eleven percent (1011%). Miscellaneous employees Employees subject to the PEPRA formula shall also pay an additional three four percent (34%) on top of their required employee contribution of six-point seventy-five percent (6.75%) but is subject to change contribution, as established annually by PERS.