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HomeMy WebLinkAboutCouncil Agenda StatementCITY OF NATIONAL CITY, CALIFORNIA COUNCIL AGENDA STATEMENT MEETING DATE: January 10, 2012 AGENDA ITEM NO. ITEM TITLE: Resolution of the City Council of the City of National City modifying the contribution rates to the Public Employees' Retirement System by eliminating the City's contribution and increasing to 8% the member contribution paid by the .City of National City's miscellaneous employees, Confidential Employee Group Subset; and rescinding City Council Resolution 2011-263 PREPARED BY: 1Lilia Munoz, HR Technician PHONE: I336-4309 EXPLANATION: DEPARTMENT. APPROVE Res • . rces Since January 2011, the City and its Confidential employees have shared the cost of the employee's retirement contribution with the City contributing five percent (5%) of the employee's eight percent (8%) member contribution, and the Confidential employees contributing the other three percent (3%). As amended, the miscellaneous employees in the Confidential Employee Group will pay an additional five percent (5%) of the employee contribution effective January 10, 2012. As such, employees will assume responsibility for the full employee contribution. To effect this provision, pursuant to Government Code Section 20691, the City Council must amend the contract between the Board of Administration of PERS and the City Council by adopting a resolution specifying the plan change. Therefore, .staff' seeks a resolution to eliminate the Employer Paid Member Contilbution to CaIPERS for miscellaneous employees in the Confidential Employee Group. This action is intended to replace City Council Resolution 2011-263 in order to remedy factual errors in the titling and lansuaae of the Resolution. FINANCIAL STATEMENT: ACCOUNT NO. ENVIRONMENTAL REVIEW: . IN/A1 Fiscal Year . Savings FY 11/12 (6 months) $11,851 FY 12113 $23,703 FY 13114 $23,703 FY 14/15 (6 months) $11,851 ORDINANCE: INTRODUCTION: FINAL ADOPTION: APPROVED: li2r,+(1 Finance APPROVED: i 1 MIS STAFF RECOMMENDATION: Approve the. new resolution and rescind the Council Resolution 2011-263 BOARD 1 COMMISSION RECOMMENDATION: INIf ATTACHMENTS: 1Resolution.