SANTA ANA POLICE MANAGEMENT ASSOCIATION (PMA) - 2012

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1.7% contribution added to the 6.3% contribution already being paid equals a total contribution of 8% for non-sworn employees covered by this Agreement. Pre-Taxable Benefit. To the extent permitted by CalPERS and Internal Revenue Service regulations, the City shall make the above employee deductions pre-tax contributions. 14.6 3% at 50 Service Retirement Benefit for Safety Members. The City agFees +^ affleA' amended its contract with CalPERS to provide Safety employees represented by this bargaining unit with the 3% at 50 Service Retirement benefit, effective July 1, 2001. Payment of 3% at 50 Service Retirement Benefit. The actual cost for the benefit shall be determined upon receipt of the annual actuarial valuation setting forth employer rates for the 2001-02 fiscal year and every subsequent year thereafter. 1^ E)FdeF +^ ^ ide this benefit +^ :+.. ^+ safety FnefflbeFS, the Gity and Asseeiation agFee that eligible employees will pay a +^ N:eoide this benefit, not to ^ ed 1.42% of safety p ^". Safety employees covered by this Agreement agree to pay 1.42% of CaIPERS reportable compensation toward the cost of the 3% at 50 enhanced retirement formula. Effective July 1, 2011, riwFFen; safety members shall contribute an additional one percent (1%) of payroll to CaIPERS to pay for the employer portion of the City's PERS contribution. This contribution shall be paid in accordance with Government Code Section 20516(f). With this additional 1% for cost sharing, safety employees shall pay a total of 2.42% of their salary to pay for the employer portion of the City's PERS contribution in accordance with ef safety pay . Government Code Section 20516(f). This additional 1% contribution shall be implemented through payroll deduction on a pre-tax basis. Effective July 1, 2012, safety members shall contribute an additional ^^^ peKeR+ (!%) f Wtal ^f 3.42% 5.5% (for a total of 7.92%) of safety payroll. This additional contribution shall be implemented through payroll deduction on a pre-tax basis. Effective July 1, 2013, safety members shall contribute an additional 1.08% (for a total of 9.0%) of payroll to CalPERS to pay for the employer portion of the City's PERS contribution. This contribution shall be paid in accordance with Government Code Section 20516(f). Said additional contribution is contingent on sworn members of the Police Officers Association (POA) paying the some amount. This additional 1.08% contribution shall sunset on June 30, 2014. "f^ "o it of itS new m le e nt •h +' + + ti ff + ; 1' f h h Asser=iatieR agFee that p y the Cit 's em le eF GGA tFil9 ti9 t ill f y o eae l t t f year. T e Eity-an4 the i pvestmeRt FetUFR y p y s eaFRed b the FetiFem W R Fa e w eRt s ste Th Ci ue ua e FeFn t th yeaF te yeaF based en li ibl f i empleyees paying te F y eceive this beRefit shoul y m. e d alse b R fit f y agFees at thi l fl 6UFFeRt e g e sa e-ty i i h annual aetuaFial valuat ieR As sweh GUFFent eli e e FGFA ible Safet em lo s yeaF y u ees ill t ib etuat eR n t e Gity?s 0 t f 4 . , g y p y 0 w GeA F u e o any year y 1.42%, than the Gity a I nd Asseeiatien agFee + N this n +• ?T"- r-c'-cTC?t 14.7 Military Service Credit as Public Service. Effective March 81 2001, Safety employees and effective April 5, 2002, Miscellaneous employees, respectively, may elect to purchase up to four (4) years of service credit for any continuous active military or merchant marine service prior to employment. The employee must contribute an amount equal to the contribution for current and prior service that the employee and the employer would have made with respect to that period of service. PMA 2010-14 Contract Extension Page 6