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HomeMy WebLinkAboutCC RESO 91-144RESOLUTION NO. 91-144 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY GRANTING THE ONE YEAR FINAL COMPENSATION RETIREMENT BENEFIT TO CERTAIN EMPLOYEES WHEREAS, the City of National City contracts with the Public Employees Retirement System (PERS) to provide retirement benefits for its employees;and WHEREAS, on the election of the City, "final compensation" for purposes of PERS retirement may be based upon the highest one-year annual compensation earned by an employee preceding the employee's date of retirement; and WHEREAS, it is the desire of the City of National City to amend its contract with PERS to grant to those employees represented by the National City Municipal Employees' Association, and to those Unrepresented Employees (the Middle Management Group, the Confidential Group, and the Executive Group), the benefit of having their "final compensa- tion" determined according to the highest one-year annual compensation earned, which benefit shall be paid for by the City. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of National City that effective June 27, 1991, the City Council does hereby grant to those employees represented by the National City Municipal Employees' Association, and to those Unrepresented Employees, the benefit of having their final compensation for PERS retirement purposes determined according to the highest one-year annual compensation earned by an employee preceding the employee's date of retirement. BE IT FURTHER RESOLVED that the Mayor is hereby authorized and directed to execute any and all agreements and amendments with PERS necessary and appropriate to accomplish this change in benefits. PASSED and ADOPTED this 29th day of June, 1991. Georgedi. Waters, Mayor ATTEST:011 Anne Peoples City Clerk APPROVED AS TO FORM: ,e)„6 George H. Eiser, III City Attorney