HomeMy WebLinkAboutCouncil Agenda StatementCITY OF NATIONAL CITY, CALIFORNIA
COUNCIL AGENDA STATEMENT
MEETING DATE: December 6, 2011
AGENDA ITEM NO.
ITEM TITLE:
Resolution of Intention of the City of National City to Approve an Amendment to the Contract Between
the Board of Administration California Public Employees' Retirement System and the City Council of
the City of National City to Provide for a 3% @ 55 Full Formula Benefit for Fire Safety Members
Entering Membership for the First Time in the Firefighters' Association
PREPARED BY: Lilia Munoz DEPARTME
PHONE: 336-4309 APPROV
EXPLANATION:
As provided for in the current agreement between the City of National City and CaIPERS, City of
National City employees working in designated fire safety classifications have a retirement formula of
3% @ 50 (Section 21362.2). Under the terms of the current Memorandum of Understanding between
the City and the Firefighters' Association, individuals hired into the City's Firefighters' Association for the
first time will not receive the benefit of the 3% @ 50 formula. Instead such new hires will receive a
benefit of 3% @ 55 (Section 21363.1). Such a change is allowable under Section 20475 (Different
Level of Benefits).
FINANCIAL STATEMENT: . APPROVED: Finance
ACCOUNT NO. APPROVED: MIS
N/A
ENVIRONMENTAL REVIEW::
NIA
ORDINANCE: INTRODUCTION:
FINAL ADOPTION:
STAFF RECOMMENDATION:
Recommend approval of Resolution
BOARD I COMMISSION RECOMMENDATION:
IN/A1
ATTACHMENTS:
Resolution
Exhibit-CaIPERS Amendment to Contract