Common use of Optional Benefits for Classic and New Members Clause in Contracts

Optional Benefits for Classic and New Members. The City’s contract with the Public Employees’ Retirement System includes the following optional benefits for both classic and new members: a) Section 20903 – Two Years Additional Service Credit b) Section 20965 – Sick Leave Credit c) Section 21024 – Military Service Credit d) Section 21037 – Cancel Payment for Optional Service Credit upon Retirement for Disability e) Section 21548 – Pre-Retirement Optional Settlement Death Benefit

Optional Benefits for Classic and New Members. The City’s contract with the Public Employees’ Retirement System for retirement benefits includes the following optional benefits for both classic and new members: a) 1. Section 20903 – Two Years Additional Service Credit b) 2. Section 20965 – Sick Leave Credit c) 3. Section 21024 – Military Service Credit d) 4. Section 21037 – Cancel Payment for Optional Service Credit upon Retirement for Industrial Disability e) 5. Section 21548 – Pre-Retirement Optional Settlement Death Benefit

Optional Benefits for Classic and New Members. The City’s contract with the Public Employees’ Retirement System includes the following optional benefits for both classic and new members: a) a. Section 20903 – Two Years Additional Service Credit b) b. Section 20965 – Sick Leave Credit c) c. Section 21024 – Military Service Credit d) d. Section 21037 – Cancel Payment for Optional Service Credit upon Retirement for Disability e) e. Section 21548 – Pre-Retirement Optional Settlement Death Benefit

Optional Benefits for Classic and New Members. The City’s contract with the Public Employees’ Retirement System for retirement benefits includes the following optional benefits for both classic and new members: a) 1. Section 20903 – Two Years Additional Service CreditCredit‌ b) 2. Section 20965 – Sick Leave Credit c) 3. Section 21024 – Military Service CreditCredit‌ d) 4. Section 21037 – Cancel Payment for Optional Service Credit upon Retirement for Industrial Disability e) 5. Section 21548 – Pre-Retirement Optional Settlement Death Benefit

Optional Benefits for Classic and New Members. The City’s contract with the Public Employees’ Retirement System for retirement benefits includes the following optional benefits for both classic and new members: a) 1. Section 20903 – Two Years Additional Service Credit b) 2. Section 20965 – Sick Leave CreditCredit‌ c) 3. Section 21024 – Military Service Credit d) 4. Section 21037 – Cancel Payment for Optional Service Credit upon Retirement for Disability e) Industrial Disability 5. Section 21548 – Pre-Retirement Optional Settlement Death BenefitBenefit‌‌

Optional Benefits for Classic and New Members. The City’s contract with the Public Employees’ Retirement System includes the following optional benefits for both classic and new members: a) a. Section 20903 – Two Years Additional Service Credit b) b. Section 20965 – Sick Leave Credit c) c. Section 21024 – Military Service Credit d) d. Section 21037 – Cancel Payment for Optional Service Credit upon Retirement for Disability e) Disability‌ e. Section 21548 – Pre-Retirement Optional Settlement Death Benefit