· Implementation of the 3%@55 retirement benefit effective July 6, 2003.
· Implementation of the 3%@50 retirement benefit effective January 2, 2005.
· Agreement by DSA that all represented employees will share in the cost of the enhanced retirement benefit based on age and years of service. The aggregate cost sharing, which will be phased in over between July 6, 2003 and January 2, 2005 will total approximately 5%.
· Increase in the Advanced POST certificate differential from 5% to 7.5% effective January 2, 2005.
· Elimination of the County's pick-up of 15% of employee retirement contributions effective July 6, 2003.
· Both parties agree to withdraw one of their 2002 reopeners and the DSA agrees that its remaining 2002 reopener on retiree health will result in no additional County cost.