HomeMy WebLinkAboutCC ORD 1970-1238 Renewal of employees' retirement system contract (Special)12
ORDINANCE NO, 1238
AN ORDINANCE OF THE
-CITY COUNCIL OF THE CITY
OF NATIONAL CITY ABTHOR-
IZING AN AMENDMENT TO
THE CONTRACT BETWEEN
THE CITY COUNCIL AND THE
BOARD OF ADMINISTRATION
0E THE CALIFORNIA PUBLIC
EMPLOYEES, RETIREMENT
SYSTEM.
The City Council of the City
of National City does ordain as
follows:
SECTION 1. That an amend-
ment to the Contract between
the City Council of the City of
National City and the Board of
Administration, California Pub-
lic Employees' Retirement Sys-
tem is hereby authorized, a
eif said am
attached hereto, a marked ndment b Ex
hibit A", and by such reference
made a part hereof as though
herein set out In full.
SECTION 2. The Mayor of the
author-
ized,City Council is empowered, and directed
to execute said amendment for
and on behalf of said Agency.
SECTION 3. This Ordnae
shall take effect 30 days after
the date of its adoption, and
prior to the expiration of 30
days from the passage thereof
shall be published at least once
in the National City Star -News,
a newspaper of general circula-
tion, published and circulated in
the City of National City and
thenceforth and thereafter the
same shall be in full force and
effect.
AM'ENDMENTIBTO CONTRACT
BETWEEN THE BOARD OF
ADMINISTRATION PUBLIC
EMPLOYEES' RETIREMENT
SYSTEM AND THE CITY
COUNCIL OF THE eITY OF
NATIONAL CITY
The Board of Administration,
Public Employees' Retirement
System, hereinafter referred to
as Board, and the CITY COUN-
CIL of the CITY OF NATIONAL
CITY, hereinafter referred to as
Public Agency, having entered
into a contract under date of
May
amended t194, nd aseffei e
March 1, 1954, July 1, 1954, and
April 1, 1956, which provides for
the participation of Public
Agency in said System, Board
and Public Agency hereby
agree as follows:
A. The
shall be added o of sag
idparagrapContract:
17. Section 21251.75 of the
Government Code (providing for
increases in allowances payable
for time commencing on the
first day of the calendar month
coinciding with or next follow-
ing the effective date of this
amendment to persons retired
prior to January 1, 1967).
B. Paragraphs 11(a) and
11(b) shall be stricken from
said Contract and the following
paragraphs substituted there-
for:
11 (a) With respect to
miscellaneous members, the
public agency shall contribute"
the: following percentages of
Monthly salaries earned as mis-
cellaneous members of said
System:
(1) 1.936 percent until June
30, 1973 on account of the lia-
bility for prior service benefits.
(2) 6.911 percent on account
of the liability for current ser-
vice benefits.
11(b) With respect to local
safety members, the public
agency shall contribute the
following percentages of
monthly salaries earned as local
safety members of said System:
(1) 3.877 percent until June
30, 1973 on account of the lia-
bility for prior service benefits.
(2) 9.961 percent on account
of the liability for current ser-
vice benefits.
lsmrll be
attached to the amendment
and
shall become effective on the
19th PASSED f ANDMarch 1970.
ADOPTED by
the City Council of the City of
National City, California, this
17th day of February, 1970, by
the following vote, to -wit:
AYES: Councilmen Camacho,
Colburn, Hogue, Reid, Morgan
NAYES: Councilmen none
ABSENT: none
KILE MORGAN
Mayor of the City of
National City, California
ATTEST:
IONE MINOGUE
City Clerk
I hereby approve the fore-
going Ordinance this 17th day
of February, 1970
KILE MORGAN
Mayor of the City of
National City, California
I hereby certify that the
above and foregoing is a full
and true copy of Ordinance No,
1238 of the Ordinanc s of the -
City of National City, alifornia,
as a.' d by he Cit Council
of
Ma or ' nd appro by
th �. y < aid City, o the
17
(Signed) ION'" ,. ,.1970 „t
(Seal) City Clerk of the city of
National City, California NC4954 3-1170
that Ithe same has beenTduly
published according to law.
y Clerk, City of
National City, California"