Other CalPERS Retirement Benefits—Nonsafety Employees. 1. The City provides employees with the optional "Increased Level 1959 Survivor Benefits." 2. When employees separate under a normal service retirement, they may receive credit for unused sick leave, at the employee's discretion (also see section on "Sick Leave"). 3. For each nonsafety management employee, the City shall report the value of the EPMC as additional compensation, each pay period—the EPMC is currently up to 8 percent. 4. Employees may purchase up to 4 years of service credit for any continuous active military or merchant marine service completed prior to employment.
Appears in 9 contracts
Samples: Executive Management Agreement, Employment Agreement, Employment Agreement
