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Title:
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Adopt 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 implementing a retirement cost-sharing provision of: one percent of pensionable income for all Classic, CalPERS Level 3 Fire Safety members hired between June 11, 2011 and December 31, 2012, in the Riverside Firefighters’ Association; one percent of pensionable income for all Classic, CalPERS Level 3 Fire Safety members hired between June 11, 2011, and December 31, 2012, in the Riverside Fire Management Group; and additional one percent for a total of six and a half percent 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 - Waive further reading (Intro. on 10-10-23, All Wards)
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