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| Article XII. Retirement |
| Sec. 1200 State system. |
| The "Public Employees' Retirement Law," as it now
exists or may hereafter be amended, is hereby adopted for the
City of Santa Clara, and plenary authority and power are hereby
vested in said City, its City Council and its several officers,
agents and employees at their discretion to do and perform any
act, or exercise any authority granted, permitted, or required
under the provisions of said Retirement Law, to enable said
City to become or continue as a contracting City participating
in the Public Employees' Retirement System; provided, however,
that the City Council may terminate any contract entered into
with the Board of Administration of the Public Employees' Retirement
System only under authority granted by ordinances adopted by
a majority vote of the electors of the City of Santa Clara,
voting on such proposition at an election at which such proposal
is presented. (As amended by electors at election held November
7, 1972, approved by Senate Concurrent Resolution (1973 Stats.,
Res. Ch. 10)) |
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