The City Contracts for the Following Additional Retirement Benefits for "Sworn Unit Employees. 1. 2% at 50" formula as adopted by the City, effective January 1, 1973. 2. 1959 Survivors Benefit as adopted by the City effective July 1, 1961. 3. Survivors Continuous Benefit as adopted by the City, effective September 1, 1969. 4. One-time five percent (5%) increase for unit employees retired prior to January 1, 1971, adopted by the City, effective July 1, 1975. 5. One year highest compensation provision as adopted by the City, effective October 1, 1977. 6. Post retirement survivor allowance to continue after remarriage, effective August 13, 1985. 7. Section 21222.72: One-time four percent (4%) increase for sworn Police employees who retired prior to January 1, 1981. 8. Military Buy-Back Provision as adopted by the City effective November 8, 1991. 9. Survivor Benefit - Level Three 1959 Survivor Benefit (Gov't. Code 21382.4) effective November 5, 1994. 10. Survivor Benefit - Level Four 1959 Survivor Benefit (Gov't. Code 21382.4) effective July 1, 1997. 11. Unused Sick Leave Service Credits (Gov't Code 20965) effective January 1, 1997. 12. “3% at 50” formula as adopted by the City, effective June 30, 2001.
Appears in 3 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding
The City Contracts for the Following Additional Retirement Benefits for "Sworn Unit Employees. 1. 2% at 50" formula as adopted by the City, effective January 1, 1973.
2. 1959 Survivors Benefit as adopted by the City effective July 1, 1961.
3. Survivors Continuous Benefit as adopted by the City, effective September 1, 1969.
4. One-time five percent (5%) increase for unit employees retired prior to January 1, 1971, adopted by the City, effective July 1, 1975.
5. One year highest compensation provision as adopted by the City, effective October 1, 1977.
6. Post retirement survivor allowance to continue after remarriage, effective August 13, 1985.
7. Section 21222.72: One-time four percent (4%) increase for sworn Police employees who retired prior to January 1, 1981.
8. Military Buy-Back Provision as adopted by the City effective November 8, 1991.
9. Survivor Benefit - Level Three 1959 Survivor Benefit (Gov't. Code 21382.4) effective November 5, 1994.
10. Survivor Benefit - Level Four 1959 Survivor Benefit (Gov't. Code 21382.4) effective July 1, 1997.
11. Unused Sick Leave Service Credits (Gov't Code 20965) effective January 1, 1997.
12. “3% at 50” formula as adopted by the City, effective June 30, 2001. Retirement Optional Settlement 2 Death Benefit (Government Code 21548, effective no later than January 1, 2005. “3% at 55” formula (with highest three average years), as adopted by the City effective January 1, 2012 for all new unit employees hired on or after January 1, 2012.
Appears in 1 contract
Samples: Memorandum of Understanding