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24 <br /> The City shall contribute an amount necessary to provide $50,000 life and $50,000 accidental <br />death and dismemberment insurance coverage for Association members. The monthly <br />premium for such insurance coverage shall be paid by the City during the term of this <br />agreement. <br /> <br />Section 15. Retirement <br /> <br />15.1 Payment of Employee Contribution to PERS <br /> <br />Employees classified as “Classic Employees” (i.e., those eligible for the 3% @ 50 or 3% @ 55 <br />retirement benefit) shall contribute ten and one-half percent (10.5%) to the Public Employees’ <br />Retirement System (PERS). Such contributions shall be made pre-tax in accordance with <br />applicable law. Effective June 2, 2018, employees classified as “Classic Employees” will pay <br />an additional one and one-half percent (1.5%) toward the employer’s pension contribution rate <br />for a total PERS contribution of 12%. The parties mutually recognize and acknowledge that <br />the cost-sharing provisions provided herein will be counted towards cost-sharing terms set forth <br />in Government Code section 20516.5. <br /> <br />For employees defined as “new members” by CalPERS pursuant to the Public Employees’ <br />Pension Reform Act (“PEPRA”), will pay a member contribution equal to fifty percent of the <br />normal cost of their retirement benefit as determined by CalPERS. <br /> <br />15.2 PERS Plan Options <br /> <br /> The City’s contract with PERS provides for the following options: Credit for Unused Sick <br />Leave; 3% @50 Retirement Formula; Single Highest Year Option; and the PERS Military <br />Buyback Provision. <br /> <br />Effective July 7, 2012, the City modified the formula to provide for the 3%@55 retirement <br />formula with three highest year option for new employees hired on or after the resolution is <br />adopted by the City Council. <br /> <br />For employees hired on/after January 1, 2013 that are defined as “new members” by CalPERS, <br />the City shall provide the 2.7% @ 57 retirement formula established by PEPRA. <br /> <br />Section 16. Uniforms <br /> <br /> The City shall provide all necessary safety and protection clothing, as defined by the City <br />Manager. The City shall provide one hundred percent (100%) of the initial purchase price of <br />uniforms for those new employees required to wear a prescribed uniform. The quantity of <br />mandatory uniforms for new employees will be determined by the City Manager and Chief of <br />Police <br /> <br />16.1 Uniform Allowance <br /> <br /> The annual uniform allowance of one thousand five hundred dollars ($1,500.00) shall be paid <br />on the first pay day on or after March 1st of each year. <br /> <br /> Effective the first pay period in March 2025 (March 7, 2025), the annual uniform allowance of <br />one thousand five hundred dollars($1,500.00) shall be paid on a bi-weekly basis. <br />Page 194 of 248