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CITY OF SAN LEANDRO <br />STAFF REPORT <br />DATE: February 5, 2010 <br />TO: Stephen L. Hollister, City Manager <br />FROM: Justinian Caire, Human Resources Director <br />Human Resources Department <br />BY: Louise Keniston~Sr. Human Resources Analyst <br />Human Resources Department <br />SUBJECT PROJECT/PROJECT DESCRIPTION: <br />APPROVED AND <br />FORWARDED <br />TO CITY COUNCIL <br />r.--~a~~~.~~~ <br />Stephen L. Hollister <br />City Manager <br />MATTER OF PUBLIC NOTICE OF THE COST ESTIMATE TO EXECUTE GOVERNMENT <br />CODE SECTION 20903, PURSUANT TO THE CITY'S CONTRACT WITH THE <br />CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM (CALPERS), TO PROVIDE <br />TWO YEARS' ADDITIONAL SERVICE CREDIT FOR CITY EMPLOYEES IN IDENTIFIED <br />CLASSIFICATIONS. <br />SUMMARY AND RECOMMENDATION <br />Staff recommends that the City Council accept this report giving public notice of the cost <br />estimate to provide the two years' additional service credit benefit provision of the City of San <br />Leandro's contract with CaIPERS, pursuant to Government Code Section 20903. <br />BACKGROUND <br />In 1993, the City of San Leandro adopted an ordinance to amend its contract with Ca1PERS to <br />provide two years' additional service credit, pursuant to Government Code Section 20903. <br />The City of San Leandro intends to adopt a Resolution granting a designated period from March <br />15, 2010 through June 15, 2010 and offering the two years' additional service credit option to <br />City employees in identified classifications. <br />It is required by law that the costs associated with granting the two years' additional service <br />credit option be made public two weeks prior to the adoption of the Resolution. <br />DISCUSSION <br />The Ca1PERS additional service credit benefit is provided under California Government Code <br />Section 20903 and allows contracted agencies to provide two additional years of service credit to <br />members who retire during a designated window because of impending mandatory transfers, <br />layoffs, or demotions. The Ca1PERS program requires that the City's intent be to keep the <br />identified positions permanently unfilled or that another designated position remain permanently <br />vacant. <br />