During your employment with the Port of Oakland,
you participate in the State of California Public Employees' Retirement
System (PERS), administered by the City of Oakland. The Port pays
100 percent of both the employee and employer contributions on your
behalf. The employee's share that is paid for you, amounts to seven
percent of your annual salary. Since you normally would have to
pay the seven percent, this special benefit is comparable to added
salary. Your in-pocket earnings are increased by the value of the
Port's contributions.
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