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<br />That employees shall not have the option of choosing to receive the contributed amounts <br /> <br />directly instead of having them paid by the City of San Leandro to the Public Employees' Retirement <br /> <br />System, <br /> <br />That the City of San Leandro shall pay to the Public Employees' Retirement System the <br /> <br />contributions designated as employee contributions from the same source of funds as used in paying <br /> <br />salary , <br /> <br />That the amount of the contributions designated as employee contributions and paid by the <br /> <br />City of San Leandro to the Public Employees' Retirement System on behalf of an employee shall be <br /> <br />the entire contribution required of the employee by the Public Employees' Retirement System Law <br /> <br />(California Government Code sections 20000, et seq.). <br /> <br />That the contributions designated as employee contributions made by the City of San <br /> <br />Leandro to the Public Employees' Retirement System shall be treated for all purposes, other than <br /> <br />taxation, in the same way that member contributions are treated by the Public Employees' Retirement <br /> <br />System, <br /> <br />Introduced by Councilmember Badger and passed and adopted this 15th day of May, 2006 by <br /> <br />the following called vote: <br /> <br />Members of the Council: <br /> <br />AYES: Councilmembers Badger, Grant, Santos, Starosciak, Stephens; Mayor Young (6) <br /> <br />NOES: None (0) <br /> <br />ABSENT: Councilmember Nardine (1) <br /> <br />ATTEST: <br /> <br />~~ <br /> <br />Marian Handa, City Clerk <br /> <br />RESOLUTION NO, 2006-049 <br /> <br />2 <br />