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HomeMy WebLinkAboutCC RESO 16,096RESOLUTION NO. 16,096 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO THE CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF NATIONAL CITY WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and their employees in the Public Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendment to said Law; and WHEREAS, one of the steps in the procedure to amend this contract is the adoption by the governing body of the public agency of a resolution giving notice of its intention to approve amendment to said contract, which resolution shall contain a summary of the changes proposed in said contract; and changes: WHEREAS, the following is a statement of the proposed To provide Section 20862.8 (Credit for Unused Sick Leave) and Section 21382.4 (Third Level of 1959 Survivor Benefits) for local police members NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City does hereby give notice of intention to approve an amendment to the contract between the City Council and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto, as an "Exhibit" and by this reference made a part hereof. PASSED and ADOPTED this 17th day of October, 1989. George NC. Waters, Mayor ATTEST: Lor Anne Peoples, City Clerk APPROVED AS TO FORM: zir George H. Eiser, III, City Attorney Public Bisployees' Retirement System Public Agency Contract Services Contract Services Division - Section 220 Post Office Box 942709 Sacramento, CA 94229-2709 Telephone (916) 326-3420 326-3000 (Telecommunications Device for the Deaf) CERTIFICATION OF GOVERNING BODY'S ACTION I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the of the City Council • (Governing Body) City of National City (Name of Public Agency) on October 18, 1989 (Date) a81?kL_- CITY CLERIC or Secretary of the Board PCSD-CON-12 C0600 (Rev. 11/88) Public Employees' Retirement System Public Agency Contract Services Contract Services Division - Section 220 Post Office Box 942709 Sacramento, CA 94229-2709 Telephone (916) 326-3420 326-3000 (Telecommunications Device for the Deaf) CERTIFICATION OF COMPLIANCE WITH GOVERNMENT CODE SECTION 7507 I hereby certify that in accordance with Section 7507 of the Government Code the future annual costs as determined by the System Actuary and/or the increase in retirement benefit(s) have been made public at a public meeting by the Ci y CoLty, cr i of tiLeC„1y o/ r +E-�« i (governing body) / (public agency) at least two weeks prior to the adoption of the final Ordinance/Resolution. Date :CC--1 1 e %7/981 original signature R A9h4e% ��reG)4�v official title PERS-CON-12A (Rev. 11/88) C0601 AGREEMENT AUTHORIZING THE RELEASE OF 1959 SURVIVOR BENEFITS ASSETS AND LIABILITIES INTO THE THIRD LEVEL 1959 SURVIVOR BENEFIT POOL BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF NATIONAL CITY WHEREAS, the City Council of the City of Naitional City has adopted a Resolution of Intention to include in its contract with the Board of Administration, Public Employees' Retirement System, pursuant to Government Code Sections 21380-21387, including Government Code Section 21382.4, the Third Level of 1959 Survivor Benefits for local police members; and WHEREAS, Government Code Section 21382.4, requires all assets and liabilities of all contracting agencies subject to this section, and their employees who are covered by this section, to be pooled into a single account; NOW THEREFORE BE IT AGREED: Accumulated and/or future contributions required of the City of National City and its covered employees are to be released, pursuant to the provisions of Government Code Section 21382.4, to a single account referred to herein as the Third Level 1959 Survivor Benefits Pool. BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM BY CITY COUNCIL OF THE CITY OF NATIONAL CITY BY n i� CHIEF, CONTRACT SERVICES DIVISION Presid g Officer -MAYOR PUBLIC EMPLOYEES' RETIREMENT SYSTEM Date OCTOBER 18, 1989 C0505 (Rev. 4/89)