SERVICE EMPLOYEES INTERNANTIONAL UNION LOCAL 721 (SEIU) (2)

Home Browse Search

C. Positions where it has been determined by a Department Head that regular and frequent bilingual usage is necessary to the performance of duties, but not major, essential, or integral element of the work, shall be designated as a Secondary Bilingual Assignment. Employees in such position shall be paid a differential of twenty-three cents ($.23) per hour starting in the pay period after the employee is approved for bilingual pay. D. The City may require periodic recertification of bilingual capability. 4.6 Deferred Compensation Retirement. The City has adopted a qualified retirement plan for all employees in the unit not covered by CaIPERS to comply with the Omnibus Budget Reconciliation Act of 1990. This plan is a qualified Section 457 Deferred Compensation Plan.This Plan is currently set up through the Public Agency Retirement Services(PARS). A. Employees covered by this plan (i.e.,all employees in the unit who are not enrolled in CaIPERS) shall be required to contribute 3.75% of their wages into the Plan. B. The City agrees to contribute 3.75% of all employees' (enrolled in this plan and who are not in CaIPERS)wages into the employees' retirement plan. C. If,at any time in the future, it is determined by the Internal Revenue Service,a court or a change in the law that this plan does not qualify as a qualified alternative retirement system to Social Security coverage, the City shall discontinue its contributions into the plan for employees in the plan. The City shall not assume responsibility for the payment of any back taxes due for Social Security coverage or for payments to any other qualified retirement plan except for those payments mandated by law to be paid for by an employer. D. Employees Covered By CaIPERS. Employees who are required to be enrolled in the California Public Employees' Retirement System (CaIPERS) because they work in excess of 999 hours in any fiscal year are subject to the following: Miscellaneous members who do not qualify as "New Members" under the California Public Employees' Pension Reform Act of 2013 (PEPRA), shall be enrolled in the 2.7% @ 55 benefit formula per Government Code section 21354.5 and shall pay the 8%member contribution. "New members"as defined by PEPRA will be enrolled in the 2% @ 62 benefit forinula per Government Code section 7522.20(a) paying one half of the normal cost rate, as established each year by CaIPERS. E. The City at no time shall be required to pay contributions to the two separate retirement systems provided to employees in this unit---(for example CaIPERS and PARS). Employees in this unit are either members of CaIPERS or PARS,not both. 6