"The city and its police union have reached an agreement on a new two-year deal that will save the city close to $400,000 over the life of the contract and require officers to begin paying a portion toward their pensions.... The contract includes a 2 percent raise for officers starting March 1, 2013 and requires members to begin paying 2.5 percent toward the employee portion of the California Public Employees' Retirement System fund, the state retirement fund, as of July 1 and an additional 2.5 percent by March 1, 2013. The city had been paying the full 9 percent of officers' pay required by the fund for the city's police union members."

MORE >>