1983 RES NO 4354 - Laserfiche WebLink

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AMENDINiENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF COLTON The Board of Administration, Public Employees' Retirement System, herein- after referred to as Board, and the governing body of above public agency, here- inafter referred to as Public Agency, having entered into a contract effective July 1. 1945, and witnessed Xay 28, 1945, and as amended effective February 1, 1948, July 1, 1954, January 1, 1960, September 1, 1962, February 2, 1973, June 30, 1977, January 6, 1978, December 23, 1978, July 7, 1979 and Larch 29, 1980, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 10 are hereby stricken from said contract as executed effective March 29: 1980, and hereby replaced by the following paragraphs numbered 1 through 11 inclu9ive: 1. All Words and terms used herein which are defined in the Public Employ- ees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 60 for local miscellaneous and age 50 for local safety members. Public Agency shall participate in the Public Employees' Retirement System from and after July 11 1945 making its employees as hereinafter provided, members of said System subject to all provisions of'the Public Employees' Retirement Law except such as apply only on election of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except such as by express provisions thereof apply only on the election of contracting agencies. 3. Employees of Public Agency in the following classes shall become mem- bers of said Retirement System except such in each such class as are excluded by law or this agreement; ` a. Local Firemen (herein referred to as local safety members); b. Local Policemen (herein referred to as local safety members); c. Employees other than local safety members (herein referred to as local miscellaneous members). 4. In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of said Retirement System: a. PERSONS COMPENSATED ( N' AN HOURLY BASIS HIRED ON OR AFTER SEPTEMBER i , 1g62: e