4.16 16-0318 Subject: Classic Safety Police Employee Pension Cost Sharing
From: Office Of The City Administrator
Recommendation: Adopt A Resolution Of Intention Of The California Public Employees' Retirement System (Calpers), And An Ordinance Of The City Of Oakland To Approve An Amendment To The Contract Between The City Of Oakland And The Board Of Administration Of The California Public Employees' Retirement System (Calpers); To Include A One Percent (1%) Employees Cost Sharing Of Additional Benefits For Tier I And Tier II Classic Police Members (California Government Code Section 20516), As Approved In The 2015 Memorandum Of Understanding Between City Of Oakland And Oakland Police Officer Association (OPOA), City Of Oakland And Oakland Police Management Association (OPMA).; On The November 1, 2016 City Council Agenda And As A Public Hearing On November 1, 2016