File #: 11-0138    Version: 1 Name: Two Tier Retirement Amendment
Type: Ordinance Status: Passed
File created: 11/15/2011 In control: Concurrent Meeting of the Oakland Redevelopment Agency / City Council
On agenda: 12/20/2011 Final action: 12/20/2011
Title: Subject: Two Tier Retirement Amendment From: Office Of The City Attorney Recommendation: Adopt An Ordinance Repealing Ordinance No. 13904 C.M.S. Which Authorized An Amendment To The Contract Between The City Of Oakland And The Board Of Administration Of The California Public Employees' Retirement System ("PERS") That Among Other Things, Would Establish A Different Level Of Retirement Benefits And Change The Definition Of "Final Compensation" For City Employees The City Hires For The First Time After The Effective Date Of The Contract
Attachments: 1. View Report.pdf, 2. View Supplemental.pdf, 3. 13100 CMS.pdf
Title
Subject:      Two Tier Retirement Amendment
From:             Office Of The City Attorney
Recommendation:   Adopt An Ordinance Repealing Ordinance No. 13904 C.M.S. Which Authorized An Amendment To The Contract Between The City Of Oakland And The Board Of Administration Of The California Public Employees' Retirement System ("PERS") That Among Other Things, Would Establish A Different Level Of Retirement Benefits And Change The Definition Of "Final Compensation" For City Employees The City Hires For The First Time After The Effective Date Of The Contract