We understand this is a big concern with “Classic” PERS members, but we also want you to have all the facts! State law requires that all new Public Safety PERS agencies fall under the Public Employee Pension Reform Act of 2013 (PEPRA). This means the highest formula the city can offer is 2.7%@57. All new safety employees will fall under this formula. However, upon retirement, all previous time in the PERS system will be calculated at the rate earned at the employee’s prior agency. So, you don’t “lose” your 3%@50, you just begin earning additional time at a new rate in Menifee.