HomeMy WebLinkAboutCC RESO 2000-53RESOLUTION NO. 2000 — 53
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
OF INTENTION TO PROVIDE A QUALIFYING
RETIREMENT SYSTEM FOR PART-TIME
SEASONAL AND TEMPORARY EMPLOYEES
WHEREAS, the City of National City is a member of the Public Agency
Retirement System (PARS) for the purpose of providing tax qualified retirement benefits; and
WHEREAS, the City provides a Qualifying Retirement System for its employees,
thereby meeting the requirements of Section 11332 of the Omnibus Budget Reconciliation Act
(OBRA 90) and Section 3121(b)(7)(F) of the Internal Revenue Code (IRC); and
WHEREAS, PARS, a governmental trust, has been adopted by the City that
qualifies under California Government Code Sections 53,000 and 20,000, OBRA 90 Section
11332, IRC Sections 3121(b)(7)(F) and 401(a), and meets the meaning of the term "retirement
system" as given by Section 218(b)(4) of the Federal Social Security Act; and
WHEREAS, the City is a member of the PARS Trust.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
National City that:
1. The City Council hereby adopts the Amended and Restated PARS Trust Agreement,
effective May 2, 2000; and
2. The City Council hereby appoints the Finance Director, or her successor or her
designee as the City's Plan Administrator for the Public Agency Retirement System;
and
3. The City's Plan Administrator is hereby authorized to execute the PARS legal
documents on behalf of the City and to take whatever additional actions are necessary
to maintain the City's participation in PARS and to maintain PARS compliance of
any relevant regulation issued or as may be issued; therefore, authorizing her to take
whatever additional actions are required to administer the City's PARS plan(s).
PASSED and ADOPTED this 2nd day of May, 2000.
George H. aters, Mayor
ATTEST: APPROVED AS TO FORM:
) l-, /0 ga.s. as
el R. Dalla, C ClerkAt' George H. Eiser, III
City Attorney