Retirement Death Benefit. 1. Upon ratification of the Addenda to the Agreement, the City shall amend its miscellaneous contract with the Public Employees' Retirement System to implement Section 21622 - Retirement Death Benefit. This benefit increases the death benefit for PERS retirees from $500 to $600. 2. Effective as soon as practicable after adoption by the City Council, the City shall amend its contract with PERS to include the Violent Death Benefit and the Pre-Retirement Option Settlement 2W Death Benefit as set forth in Government Code Section 21540.5.
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Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Retirement Death Benefit. 1. Upon ratification of the Addenda to the Agreement, the City shall amend its miscellaneous contract with the Public Employees' β Retirement System to implement Section 21622 - β Retirement Death Benefit. This benefit increases the death benefit for PERS retirees from $500 to $600.
2. Effective as soon as practicable after adoption by the City Council, the City shall amend its contract with PERS to include the Violent Death Benefit and the Pre-Retirement Option Settlement 2W Death Benefit as set forth in Government Code Section 21540.5.
Appears in 1 contract
Samples: Collective Bargaining Agreement