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Council adopts ordinance to codify retirement cost-sharing language for unrepresented CalPERS classic members
Summary
The council unanimously adopted an ordinance to incorporate retirement cost-sharing language for unrepresented CalPERS classic members into the city's contract with CalPERS; staff said the change does not alter current employee or employer contributions.
The Sacramento City Council adopted an ordinance to amend the city's contract with the California Public Employees' Retirement System (CalPERS) to incorporate retirement cost-sharing language for unrepresented ("unrep") CalPERS classic members.
Samantha Hardy, benefits services division manager in the city's Human Resources Department, told the council the…
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