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Title:
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A Resolution of Intention to approve an Amendment to Contract between the Board of Administration California Public Employees' Retirement System and the City Council City of Riverside to implement a retirement cost-sharing provision of one-half percent (0.5) of pensionable income for all Classic, CalPERS Level 1 and 2 Police Safety members hired before June 13, 2012, in the Unrepresented Police Management Group for a total of seven percent (7) effective as soon as administratively possible - Waive further reading - Introduce an Ordinance of the City of Riverside, California, authorizing an Amendment to the Contract between the City of Riverside and the Board of Administration of the California Public Employees’ Retirement System to implement a retirement cost-sharing provision of one-half percent (0.5) of pensionable income for all Classic, CalPERS Level 1 and 2 Police Safety members hired before June 13, 2012, in the Unrepresented Police Management Group (Human Resources) (All Wards)...
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