Pension Structure Clause Samples

Pension Structure. Within sixty (60) days of the completion of negotiations, ratification by the unit and approval of this Agreement by the Board of Trustees, the District shall commission an actuarial evaluation from CalPERS for the purposes of attaining information about transitioning sworn POA personnel to a local/miscellaneous “Safety” pension plan under the “2.7% @ 57” formula. Based on CalPERS representation that a 9-to-10-month turnaround is expected once the District submits sufficiently detailed information on the unit, the actuarial will likely be received during the 2025-2026 college year. Upon receipt of the actuarial evaluation from CalPERS, the District will evaluate the potential costs of the change in pension structure and share the documentation with POA, at which time either party may reopen negotiations for the purpose of discussing the adoption and implementation of a “Safety” pension structure. 12.1 All Police Officers shall be subject to weekly weapons inspections by the appropriate supervisory employee. 12.2 Four (4) hours of training may be performed on a monthly basis scheduled at the discretion of the Chief of Police or their designee. 12.3 Firearms requalifications shall be successfully completed at least monthly scheduled at the discretion of the Chief of Police. The District will make efforts to schedule firearms requalifications during regularly scheduled work hours. In the event that a requalification occurs outside regularly scheduled work hours, the District will compensate the bargaining unit member with overtime in accordance with Article 5 of this Agreement. 12.4 A Police Officer may be permitted to carry a backup weapon based upon case-by- case discretionary approval of the Chief of Police. The Chief of Police shall only deny a request by a Police Officer to carry a backup weapon based upon a legitimate reason. If a Police Officer is authorized to carry a backup weapon, the Officer will qualify with the backup weapon upon initial approval and every January as long as the backup weapon is carried in a backup capacity at any time during the year. The holster worn by the Police Officer for the backup weapon must also be approved by the Chief of Police. Ankle holsters will not be allowed. The Police Officer shall independently bear all costs related to an approved backup weapon and holster.