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CaIPERS
<br />EXHIBIT
<br />California
<br />Public Employees' Retirement System
<br />0118:0111 1111110) 3111 .. .
<br />Between the
<br />Board of A ' tration
<br />California Public Employees' Retirement System
<br />and the
<br />City Council
<br />City of San Leandro
<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 />1944, and witnessed September 22, 1944, and as amended effective October 1, 1951,
<br />November 1, 1952, March 1, 1954, April 1, 1958, October 1, 1958, April 1, 1961, March
<br />19, 1962, May 1, 1964, September 1, 1968, March 1, 1973, May 1, 1973, May 22, 1974,
<br />April 1, 1976, August 1, 1976, October 16, 1976, July 14, 1983, October 9, 1987, July 4,
<br />1993, December 30, 1995, April 16, 1996, March 7, 1997, April 15, 1998, January 1,
<br />1999, May 16, 2000, June 6, 2000, May 3, 2001, July 1, 2002, May 6, 2010 and July 1,
<br />2017 which provides for participation of Public Agency in said System, Board and Public
<br />Agency hereby agree as follows:
<br />A. Paragraphs 1 through 19 are hereby stricken from said contract as executed
<br />effective July 1, 2017, and hereby replaced by the following paragraphs numbered
<br />1 through 19 inclusive:
<br />1. All words and terms used herein which are defined in the Public Employees'
<br />Retirement Law shall have the meaning as defined thereln unless otherwise
<br />specifically provided. "Normal retirement age" shall mean age 55 for classic
<br />local miscellaneous members, age 62 for new local miscellaneous, age 50
<br />for classic local safety members and age 57 for new local safety members.
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