In reply to ReddingSkeptic. Those are CalPERS's rules, not the City's. The City cannot negotiate the terms of how CalPERS calculates a retirement benefit. It is all connected to when the employee first vests with CalPERS, which for Chief Barner was 30+ years ago. Whatever the formula was for him when he first became a […]
In reply to John Brown. The contracts reward this behavior. Perhaps the CoR should modify the deployment contract so the wonderful bump in retirement benefits are vested after a reasonable length of service at the position. .