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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br /> RESOLUTION NO. 2013-122 <br /> RESOLUTION APPROVING THE CONDITIONS OF <br /> EMPLOYER PAID MEMBER CONTRIBUTIONS (EPMC) FOR <br /> CONFIDENTIAL EMPLOYEES FOR THE <br /> PERIOD OCTOBER 1, 2013 THROUGH JUNE 30, 2015 <br /> WHEREAS, the City Council of the City of San Leandro has elected to pay all or a part of <br /> the normal member contributions to the California Public Employees' Retirement System <br /> (CaIPERS) pursuant to California Government Code Section 20691 - Employer Paid Member <br /> Contributions(EPMC); and <br /> WHEREAS, on September 16, 2013 the City Council of the City of San Leandro approved <br /> a Compensation Plan with the Confidential Employees Group for the period October 1, 2013 <br /> through June 30, 2015, which identifies the following conditions for member contributions to be <br /> paid by the employer; <br /> Miscellaneous employees with a 2.5% @ 55 retirement benefit formula (Tier One): <br /> • Effective October 1, 2013, employees shall commence paying 2% of the employee <br /> contribution and the City shall contribute 6%. Effective July 1, 2014, employees <br /> shall commence paying 5% of the employee contribution and the City shall contribute <br /> 3%. Effective June 1, 2015, employees shall commence paying 8% of the employee <br /> contribution and the City shall contribute 0%. <br /> Miscellaneous employees with a 2% @ 55 retirement benefit formula (Tier Two): <br /> • Effective October 1, 2013, employees shall commence paying 2% of the employee <br /> contribution and the City shall contribute 5%. Effective July 1, 2014, employees <br /> shall commence paying 5% of the employee contribution and the City shall contribute <br /> 2%. Effective June 1, 2015, employees shall commence paying 7% of the employee <br /> contribution and the City shall contribute 0%. <br /> Miscellaneous employees with a 2% @ 62 retirement benefit formula (Tier Three): <br /> • Pursuant to the Public Employee's Pension Reform Act of 2013, employees hired <br /> after January 1, 2013 depending on previous California public agency employment <br /> are subject to specific pension formulas and employee contributions. <br /> NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE that <br /> the conditions of Employer Paid Member Contributions for employees of the Confidential <br /> Employees Group shall be as set forth above. <br />