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HomeMy WebLinkAboutCC RESO 12,843RESOLUTION NO. 12,843 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO 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 Employee's Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies selves and their employees to WHEREAS, one of the may elect to subject them - amendments to said law, and steps in the procedure to amend this contract is the adoption by the legislative body of the public agency of a resolution giving notice of its intention to approve an amendment of the change proposed in said contract, and WHEREAS, the following is a statement proposed change: To provide Section 20983.6 which removes miscellaneous members' mandatory retirement age of 67, upon competence certification by agency. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of National City gives, and it does hereby give notice of intention to approve an amendment to the contract between the City of National City and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto, as "Exhibit A" and by this reference made a part hereof. 1978. ATTEST: of the PASSED AND ADOPTED this 12th day of September, MAYOR CITY CLERK EXHIb.,._ "A' AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF NATIONAL CITY The Board of f.dministration, Public Employees' Retirement System, herei after referred to as "Board", and the governing body of above public agency, (hereinafter referred to as "Public Agency", having entered into a contract under date of May 1, 1948, effective July 1, 1948, and as amended Effective Marcy 1, 1954, July 1, 1954, April 1, 1956, April 1, 1970, Uecember 1, 1972, September 28, 1973, October 1, 1973, March 1, 1974, October 1, 1974, January 15, 1977, which provides for participation of Public agency in said System, Board and Public Agency hereby agree as follows: 1.. Paragraphs 1 through 8 are hereby stricken from said contract as executed effective March 1, 1974, and hereby replaced by the following paragraphs number 1 through 10 inclusive: 1. All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 60 for miscellaneous members and age 55 for local safety members. 2. Public Agency shall participate in the Public Employees' Retirement System from and after July 1, 1948, making its employees as hereinafter provided, members of said System subject to all provisions of the Public Employees' Retirement Law except such as apply only on election of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except such as by express: provisions thereof apply only on the election of contracting agencies. 3. Employees of Public Agency in the following classes shall become members of said Retirement System except such in each such class as are excluded by law or this agreement: a. Local Firemen (herein referred to as local safety members); b. Local Policemen (herein referred to as local safety members); c. Employees other than local safety members (herein referred to as miscellaneous members). In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of said Retirement System: EXCLUDE PERSONS HIRED ON•OR AFTER OCTOBER 1, 1974, WHO ARE EMPLOYED ON A TEMPORARY AND/OR SEASONAL BASIS IF IT IS A CONDITION OF EMPLOYMENT AT THE TIME OF HIRE THAT SAID EMPLOYMENT NOT EXCEED SIX MONTHS. CON-702-1 4. The fraction of final compensation to be provided for each year of credited prior and current service as a miscellaneous member shall be determined in accordance with Section 21251.13 of said Retirement Law (2`» at age 60). 5. The fraction of final compensation to be provided for each year. of credited prior and current service as a safety member shall be determined in accordance with Section 21252.1 of said Retirement Law (One-half pay at age 55). 6. The following additional provisions of the Public Employees''Retirement Law which apply only upon election of a contracting agency shall apply to the Public Agency and its employees: a. "Local Policemen" shall include persons assigned to identification and communications duties in the Police Department who are not now local safety members and who were in such employment on August 4, 1972, who elect safety membership on or before September 28, 1973. b. Sections 21263 and 21263.1 (providing upon the death of a member who retired for service or disability for continuance of a post -retirement survivor allowance to certain survivors). c. Sections 21380-21388 (providing for allowances for survivors of members covered under the 1959 Survivor's Program upon the member's death before retirement). d. Section 21222.1 (providing a five -percent increase in allowance to which the annual cost -of -living provisions apply, payable for time commencing on the first day of the calendar month coinciding with or next following the effective date of the amendment to add this section to this contract, to or on account of members retired or deceased on or prior to December 31, 1970). e. Section 20862.8 (providing service credit at retirement for unused sick leave). f. Section 20952.5 (providing for age 50 as the minimum voluntary retirement age for local safety members, with benefit payments commencing prior to age 55-subject to actuarial discount). g• Section 20983.6 (providing that miscellaneous members attaining age 67 may continue in employment irrespective of age as members of said System upon certification of the member's competence by Public Agency). 7. Public Agency, in accordance with Section 20740, Government Code, ceased to be an "employer" for purposes of Chapter 6 of the Public Employees' Retirement Law effective on January 15, 1977. Accumulated contributions of Public Agency as of the aforementioned date shall be fixed and determined as provided in Section 20759, Government Code, and accumulated contributions as of the afore- mentioned date and contributions thereafter made shall be held by the Board as provided in Section 20759, Government Code. CON-702-2 8. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellaneous members, the agency shall contribute the following percentages of monthly salaries earned as miscellaneous members of said Retirement System: (1) 14.196 percent on account of the liability for current service benefits. _ (2) 0.262 percent on account of the liability for the 1959 Survivor Program. (3) G.170 percent until June 30, 1983 on account of the liability for the benefits provided under Section 21222.1 and/or 21222.2 of said Retirement law. b. With respect to local safety members, the agency shall contribute the following percentages of monthly salaries earned as local safety members of said Retirement System: (1) C.084 percent until June 30, 2000 on account of the liability for prior service benefits. (2) 18.468 percent on account of the liability for current service benefits. (3) 0.230 percent until June 30, 1983 on account of the liability for the benefits provided under Section 21222.1 and/or 21222.2 of said Retirement Law. c. A reasonable amount per annum, as fixed by the Board to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodical investigation and valuations required by law. d. A reasonable amount as fixed by the Board, payable in one installment as the occasions arise, to cover the costs of special valuations on account of employees of Public Agency, and costs of the periodical investigation and valuations required by law. 9. Contributions required of Public Agency and its employees shall be subject to adjustment by Board on account of amendments to the Public Employees' Retirement Law, and on account of the experience under the Retirement System as determined by the periodical investigation and valuation required by said Retirement Law. 10. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System within thirty days after the end of the period to which said contributions refer or as may be prescribed by Board regulation. If more or less than the correct amount of contributions is paid for any period, proper adjustment shall be made in connection with subsequent remittances, or adjustments on account of errors in contributions required of any employee may be made by direct cash payments between the employee and the Board. Payments by Public Agency to Board may be made in the form of warrants, bank checks, bank drafts, certified checks, money orders, or cash. h. This amendment shall be attached to said contract and shall be effective on the day of , 19 Witness our hands this day of BOARD OF ADMINISTRATION ° COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM 1Y Carl J. Blechinger, Executive Approved as to fors: , 19 OF NATIONAL CITY lce"‘ BY Presiding Officer Legal Office, PERS Attest: Clerk CON-702-4 9h CERTIFICATION OF GOVERNING BODY'S ACTION 1 hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the City Council (Governing Body) of the City of National City, California (Name of Public Agency) on September 12, 1978 (Date) Volume 58 of the (Minutes) MC4CIP<P009g9W91 of the City Council , appearino at Page 240 (Governing Body) CITY CLERKxxac DLL, rnL,