San Jose Ca.Gov
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File #: 21-1525    Version: 1
Type: Consent Agenda Status: Agenda Ready
File created: 6/14/2021 In control: City Council
On agenda: 6/29/2021 Final action:
Title: Ordinance Amending the Federated City Employees’ Retirement System to Cease Normal Contributions for Tier 1 Members at 30 Years of Service Credit.
Attachments: 1. Memorandum, 2. Ordinance

...Title

Ordinance Amending the Federated City Employees’ Retirement System to Cease Normal Contributions for Tier 1 Members at 30 Years of Service Credit.

...Recommendations

Approve an ordinance amending Title 3 of the San José Municipal Code to add Section 3.28.725 to Chapter 3.28 related to ceasing the normal contributions for Tier 1 members at 30 years of service credit in the Federated City Employees’ Retirement System.

CEQA: Not a Project, File No. PP17-010, City Organizational and Administrative Activities resulting in no changes to the physical environment. (City Manager)