Common use of Other CalPERS Retirement Benefits—Safety Employees Clause in Contracts

Other CalPERS Retirement Benefits—Safety Employees. For plans with less than 100 active safety members, CalPERS mandates participation in risk pools based on each qualifying agency's service retirement formula. Once a plan is in a risk pool, it will not be allowed to leave and become a stand-alone plan. CalPERS mandates certain contract provisions for plans participating in risk pools. Mandated benefits include:

Appears in 9 contracts

Samples: Management Employees, Agreement, Agreement

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