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<br />C ., MS
<br />EXHIBIT
<br />California
<br />Public Employees' Retirement System
<br />ALK NDMENT TIO CONTRACT
<br />Between the
<br />Board of Administration
<br />California Public Eogployeeso, Retirement System
<br />and the
<br />City Council
<br />City of Colton
<br />The Board of Administration, California Public Employees' Retirement System,
<br />hereinafter referred to as Board, and the governing body of the above public agency,
<br />hereinafter referred to as Public Agency, having entered into a contract effective July 1,
<br />1945, and witnessed May 28; 1945, and as amended effective February 1, 1948, July 1,
<br />1954, January 1, 1960, September 1, 1962, February 2, 1973, June 30, 1977, January
<br />6, 1978, December 23, 1978, July 7, 1979, March 29, 1980, September 24, 1983, July
<br />13, 1985, July 17, 1993, January 24, 1998, July 11, 1998, October 28, 2000, June 6,
<br />2001, July 7, 2001, December 8, 2001, December 7, 2002, June 6, 2003, May 6, 2005
<br />and October 15, 2011 which provides for participation of Public Agency in said System,
<br />Board and Public Agency hereby agree as follows:
<br />A. Paragraphs 1 through 15 are hereby stricken from said contract as executed
<br />effective October 15, 2011, and hereby replaced by the following paragraphs
<br />numbered 1 through 16 inclusive:
<br />All words and terms used herein which are defined in the Public
<br />Employees' Retirement Law shall have the meaning as defined therein
<br />unless otherwise specifically provided. "Normal retirement age" shall
<br />mean age 55 for local miscellaneous, age 50 for local safety. members
<br />entering membership in the safety classification on or prior to October 15,
<br />2011 and age 55 for local safety members entering membership for the
<br />first time in the safety classification after October 15, 2011.
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