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Calf RS <br />California <br />Public Employees' Retirement System <br />0 Between the <br />Board of Administration <br />California Public Employees' Retirement System <br />and the <br />Town Council <br />Town of Los Altos Hills <br />The Board of Administration, California Public Employees' Retirement System, <br />hereinafter referred to as Board, and the governing body of the above public agency, <br />hereinafter referred to as Public Agency, having entered into a contract effective July 1, <br />1967, and witnessed June 16, 1967, and as amended effective June 1, 1976, July 1, <br />1998, January 1, 2006, and September 1, 2011, which provides for participation of <br />Public Agency in said System, Board and Public Agency hereby agree as follows: <br />A. Paragraphs 1 through 13 are hereby stricken from said contract as executed <br />effective September 1, 2011, and hereby replaced by the following paragraphs <br />numbered 1 through 15 inclusive: <br />1. All words and terms used herein which are defined in the Public <br />Employees' Retirement Law shall have the meaning as defined therein <br />unless_ otherwise specifically provided. "Normal retirement age" shall <br />mean age 55 for classic local miscellaneous members entering <br />membership in the miscellaneous classification on or prior to September <br />1, 2011, age 60 for classic local miscellaneous members entering <br />membership for the first time in the miscellaneous classification after <br />September 1, 2011, and age 62 for new local miscellaneous members. <br />Ordinance 602 Page 3 <br />