City Council

38 Resolution of Intention to approve an Amendment to Contract between the Board of\nAdministration California Public Employees' Retirement System and the City Council\nCity of Riverside to implement a retirement cost-sharing provision of one-half\npercent (0.5 percent) of pensionable income for all Classic, CalPERS Level 1 and 2\nPolice Safety members hired before June 13, 2012, in the Unrepresented Police\nManagement Group effective as soon as administratively possible - Waive further\nreading - Introduce an Ordinance of the City of Riverside, California, authorizing an\nAmendment to the Contract between the City of Riverside and the Board of\nAdministration of the California Public Employees’ Retirement System to implement\na retirement cost-sharing provision of one-half percent (0.5 percent) of pensionable\nincome for all Classic, CalPERS Level 1 and 2 Police Safety members hired before\nJune 13, 2012, in the Unrepresented Police Management Group (All Wards)\nAttachments: Report\nAmendment of Resolution of Intention\nCertification of Employee Election\nCost Share Ballot\nCertification of Compliance\nCertification of Compliance Section 7507\nCertification of Governing Body\nAmendment to Contract\nOrdinance CAL PERS 2025\nPresentation