HomeMy WebLinkAboutCouncil Agenda StatementCITY OF NATIONAL CITY, CALIFORNIA
COUNCIL AGENDA STATEMENT
MEETING DATE: January 10, 2012
AGENDA ITEM NO. 1
ITEM TITLE:
Ordinance 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 DEPARTMENT:
PHONE: 336-4309 APPROVED
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 adoption of Ordinance
BOARD / COMMISSION RECOMMENDATION:
NIf
ATTACHMENTS:
Ordinance
Exhibit-CaIPERS Amendment to Contract