§ 1511. ELECTION TO JOIN PUBLIC EMPLOYEES' RETIREMENT SYSTEM.  


Latest version.
  • The legislative body of the City shall have the power to authorize any member of the Retirement System to join the Public Employees' Retirement System, provided the membership of the Retirement System has first complied with any election requirements or other conditions prescribed by the Public Employees' Retirement System Act, as now enacted or hereafter amended.

    Effective July 1, 1977, all new members of the Fire Department or Police Department shall become members of the said Public Employees' Retirement System as established by contract between the City and State. Every active member of the Fire and Police Retirement System shall become a member of said State System unless the member waives the said State System. A member waiving said State System shall remain a member of the Fire and Police Retirement System. City may withdraw from the System employer and employee contributions determined by the State actuary to be required to fund prior service benefits for those members transferring into the State System.

(Sec. 1511 amended by vote of the people 419-1977, effective July 1, 1977.)