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Findings and Recommendations
1 findings
The fifteen towns and cities—Campbell, Cupertino, Gilroy, Los Altos, Los Altos Hills, Los Gatos, Monte Sereno, Morgan Hill, Milpitas, Mountain View, Palo Alto, San Jose, Santa Clara, Saratoga, Sunnyvale— and the County may be inadvertently creating a demand to rehire pensioners because the public sector retirement age is relatively young at 50 (police and fire) or 55 (administrative). City Response 3: Agree
Related Recommendations (1)
The fifteen towns and cities—Campbell, Cupertino, Gilroy, Los Altos, Los Altos Hills, Los Gatos, Monte Sereno, Morgan Hill, Milpitas, Mountain View, Palo Alto, San Jose, Santa Clara, Saratoga, Sunnyvale—and the County should continue to pursue a higher retirement age with its public sector unions and associations. <u>City Response</u>: The City of Sunnyvale agrees with this recommendation. We have negotiated a two-tier retirement with our public safety and increased the retirement age from 50 to 55. We have started discussions with our miscellaneous employee groups to modify their retirement plans and implement a second tier for new employees with a proposed retirement calculation formula change from 2.7 percent at age 55. Options to be considered, but not limited to, include: 2.0 percent at age 55, or 2.0 percent at age 60. 2
No Responses Found
1
Government entities assigned to respond to this report. No response documents have been linked in our database.