By Neil Nisperos, Staff Writer
Created: 09/06/2012 01:46:50 AM PDT
The Rancho Cucamonga City Council on Wednesday unanimously voted to adopt an amendment to the city’s current contract with the California Public Employees’ Retirement System to exclude any elected official elected after October 6, 2012, from membership with the pension system.
Elected officials currently have the option of receiving retirement benefits through the city’ s current contract with CaIPERS. As part of city efforts to reduce long term pension obligations, the City Council has directed staff to explore the possibility of excluding elected officials from CaIPERS membership.
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