Safety Retirement. 372. If the voters approve an amendment to Charter Section A8.506-2 to delete the “no net increase in cost” requirement in that section, the City agrees to meet and confer with the Union over a mutually satisfactory contract amendment with PERS to effect safety retirement improvements. As set forth in Charter Section A8.409-5, the parties acknowledge that this paragraph is not subject to Charter Section A8.409’s impasse resolution procedures. 373. Non-permanent employees who have earned not less than 1,040 hours of compensation during any twelve-month period shall become eligible for membership in the San Francisco Retirement System and shall be required to enroll.
Safety Retirement. County Fire agrees to take necessary administrative actions to place individuals currently assigned to the Hazardous Materials Response Team in the Safety Retirement System of SBCERA on or about October 4, 2003. Specifically, County Fire will establish a separate classification series for the positions/employees assigned to the Hazardous Materials Response Team, reclassify the positions to the new series, appoint the individual incumbents who are in said position, and adopt a resolution to make Section 31664.1 of the Government Code (Safety Retirement) applicable to positions/employees in the new classification series. Upon entrance into the Safety Retirement program, the employees’ contribution rates shall be adjusted to reflect the rates applicable to Safety members; said rates may be adjusted annually by SBCERA.
Safety Retirement. A. Subject to meeting the provisions of Government Code Section 18717, the State agrees to support the inclusion of Nurse Instructors at Department of Mental Health forensic facilities and Registered Nurses in forensic facilities in the Department of Developmental Services in the State safety category of membership in the Public Employees Retirement System.
B. The State shall make a good faith effort to avoid unnecessary delays in including the Nurse Instructors at Department of Mental Health forensic facilities and Registered Nurses in forensic facilities in the Department of Developmental Services in the State safety category.
C. The Union agrees to support legislative changes that will simplify and streamline the process in which classes or positions are determined eligible for state safety membership under the Public Employees’ Retirement System.
D. The Union recognizes the right of the State to make any necessary changes in the Unit 17 classification specifications in order to effectuate enrollments in the State safety category.
E. The Union recognizes and supports the right of the State to develop a physical performance program for Nurse Instructors (in Department of Mental Health forensic facilities) and Registered Nurses (in forensic facilities in the Department of Developmental Services) subject to review and approval by the State Personnel Board.
F. Enrollment in the State Safety Retirement category shall be prospective only and prior service shall remain under the miscellaneous retirement category.
G. Nothing in this section shall be subject to the grievance and arbitration procedure.
Safety Retirement. Effective December 7, 2012, the City amended its contract with CalPERS to provide employees hired on or after that date who are not “new members” of CalPERS, as defined in the Public Employees’ Pension Reform Act (often referred to as “classic” CalPERS members) with the CalPERS retirement formula three percent of final salary at age 55 (“3%@55”), with the final salary determination for such employees of “3 highest consecutive years” based on the highest average annual compensation earnable by the member during three (3) consecutive years of employment immediately preceding retirement or the three-year period otherwise designated by the member (Government Code section 20037).
Safety Retirement. The City will continue the present benefits under the Public Employees' Retirement System (PERS) "3 percent at 50 (3%@50)" formula for employees hired before the effective date of the “3 percent at 55” (3%@55) formula for new hires as described herein. The final year compensation for employees hired under the 3% at 50 formula will continue to be “Single highest year” or the highest average annual compensation earnable by the member during one (1) year of employment immediately preceding retirement or the one-year period otherwise designated by the member (Government Code section 20042).
Safety Retirement. The City, in concert with the Union, shall take all necessary steps to effect a mutually satisfactory contract with PERS to effect a safety retirement plan to be made available to members of current representation unit 11-I. 336. Non-permanent employees who have earned not less than 1,040 hours of compensation during any twelve month period shall become eligible for membership in the San Francisco Retirement System and shall be required to enroll.
Safety Retirement. The Employer agrees that all Employees hired after 1-1-2013 will be provided the Safety PEPRA (Public Employees’ Pension Reform Act of 2013) 2.7% @57 Retirement plan.
Safety Retirement. New Deputy Commissioner, Board of Prison Terms Classification
Safety Retirement. Section 1 - Safety Employees
a) Eligible employees who are employed on or before December 31, 2012 shall be in the 3% at age 50 Retirement Plan described in the County’s contract with PERS amended effective December 17, 2007, that includes a minimum retirement age of 50 years and final compensation calculated on the highest single year of pensionable compensation. Such employees shall pay the full 9% employee contribution and there will no longer be any EPMC or special compensation reported. Employee contribution shall be credited to the employee's PERS member account.
b) Eligible employees who are hired on or after January 1, 2013, and who are not considered “new employees” and who are not considered “new members” of PERS, as defined in Government Code section 7522.04 shall be in the Safety Retirement tier of 3% at age 50 with final compensation calculated on the highest single year of pensionable compensation. Such employees shall pay the full 9% employee contribution. Such contribution shall be credited to the employee's PERS member account.
c) Employees who are hired on or after January 1, 2013, and who are considered “new employees” and who are considered “new members” of PERS, as defined in Government Code section 7522.04 shall not be entitled to the benefits enumerated in subsection a) or b) above. All such employees shall be in the Safety Retirement tier of 2.7% at age 57 with a minimum retirement age of 50 and final compensation calculated on the highest average of pensionable compensation earned during a period of 36 consecutive months.
d) Effective January 1, 2013, the employee contribution rate for the 2.7% at age 57 shall be 50% of total normal cost as determined by PERS. The current employee rate is 10.75% of PERSable compensation as a percentage of payroll. The County shall not pay any portion of the employee contribution rate (EPMC).
Safety Retirement. Employees in the class of Criminal Investigator who are currently miscellaneous members of the Sacramento County Employees’ Retirement System shall become safety members effective September 24, 1989. For service prior to this date, such employees shall maintain their service credit as miscellaneous members and this change to safety membership shall not be retroactive.
