HOUSE AMENDMENT

                                                  Bill No. HB 4307

    Amendment No. 05 (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW

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11  The Committee on Community Affairs offered the following:

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13         Amendment 

14         On page 14, line 1, through page 15, line 2, delete

15  those lines

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17  and insert in lieu thereof:

18         (2)  Notwithstanding any other provision of this

19  contract, commencing October 1, 1998, employees covered under

20  this contract shall continue to contribute pursuant to Section

21  2 at the rates required for employees to fund the normal

22  annual cost of benefits, other than benefits arising from post

23  retirement adjustments made pursuant to Section 23 and other

24  than benefits arising from the 13th check program made

25  pursuant to this section, plus an additional 100 percent of

26  9.874 percent of the full scale contribution rate (FSCR) set

27  forth in Section 2(D) to the 13th check program.

28         (3)  Notwithstanding any other provision of this

29  contract, the City shall contribute:

30         (a)  An amount required to fund the normal annual cost

31  of benefits, other than benefits arising from post-retirement

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    File original & 9 copies    04/21/98
    hgr0003                     03:08 pm         04307-ca  -881085




                                                   HOUSE AMENDMENT

                                                  Bill No. HB 4307

    Amendment No. 05 (for drafter's use only)





 1  adjustments made pursuant to Section 23 and other than

 2  benefits arising from the 13th check program made pursuant to

 3  this section, plus;

 4         (b)  Commencing October 1, 2001, to the 13th check

 5  program, 134 percent of 9.874 percent of the full scale

 6  contribution rate (FSCR) for employees set forth in Section

 7  2(D); provided, however, if the sum of the City's contribution

 8  for the normal annual cost of benefits plus the 134 percent of

 9  9.874 percent of the full scale contribution rate (FSCR) is

10  greater than 134 percent of 28.789 percent of the full scale

11  contribution rate (FSCR), then the City's contribution to the

12  13th check program shall be the positive difference between

13  134 percent of 28.789 percent of the full scale contribution

14  rate (FSCR) and the amount set forth in subparagraph

15  27(B)(3)(a) [134 percent of the normal annual cost of benefits

16  of the full scale contribution rate (FSCR) for employees set

17  forth in Section 2(D)], but no less than 134 percent of 3

18  percent of the full scale contribution rate (FSCR).

19         (4)  Notwithstanding any other provision of this

20  contract, the City's contributions to the 13th check program

21  shall not require the City to make additional contributions to

22  the 13th check program to reimburse the 13th check account for

23  the contributions the City would have otherwise made to the

24  13th check program had it contributed thereto for the period

25  of October 1, 1998, through September 30, 2001.

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    File original & 9 copies    04/21/98
    hgr0003                     03:08 pm         04307-ca  -881085