Title
Adopt City Council Resolution Modifying the CALPERS Employer Paid Member Contributions for Exempt At-Will Executive Classifications
Summary
On the June 22, 2015 consent calendar, the City Council will consider approval of a resolution establishing terms and conditions for the Exempt At-Will Executive Classifications and rescinding Resolution No. 3656-2013 which established terms and conditions through June 30, 2015. This is a companion resolution that authorizes CalPERS Employer Paid Member Contributions to be reduced by 1%. This action will effectively end EPMC for Exempt At-Will Executive classifications in the CalPERS Miscellaneous plan and reduce EPMC for such classifications in the Safety Plan to 2%.