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SIDE LETTER OF AGREEMENT #3 <br /> PERS Option — 2W Death Benefit <br /> The City has agreed to request an actuarial valuation from PERS for the 2W Death Benefit and then to <br /> implement the option through contract amendment provided the cost of the benefit does not exceed <br /> $27,000 for the first contract year. Upon receipt of the valuation from PERS (anticipated to be after <br /> November 1, 2007), the City will meet with the Union to review the findings of the valuation. <br /> LOCAL 1974, INTERNATIONAL LIVERMORE-PLEASANTON FIRE <br /> ASSOCIATION OF FIREFIGHTERS, DEPARTMENT JOINT POWERS <br /> AFL-CIO-CLC AUTHORITY <br /> n 1 <br /> By -P^��, it-b By (-(1 <br /> 42 <br />