Loading...
HomeMy WebLinkAboutReso 2016-084 - Cal PERSResolution No. 2016-084 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL CITY OF REDDING WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and their employees in the Public Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendments to said Law; and WHEREAS, one of the steps in the procedures to amend this contract is the adoption by the governing body of the public agency of a resolution giving notice of its intention to approve an amendment to said contract, which resolution shall contain a summary of the change proposed in said contract; and WHEREAS, the following is a statement of the proposed change: To provide Section 20516 (Employees Sharing Additional Cost) of lolo for classic local miscellaneous members in the Redding Peace Officers' Association; and Section 20516 (Employees Sharing Additional Cost) of 1.5% for classic local police members in the Redding Peace Officers' Association; and Section 20516 (Employees Sharing Additional Cost) of 3% for classic local police members in the Redding Police Managers Association. NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency does hereby give. notice of intention to approve an amendment to the contract between said public agency and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached N hereto, as an "Exhibit" and by this reference made a part hereof. C By: C Presiding Officer cc S Title Date adopted and approved I HEREBY CERTIFY that the foregoing resolution was introduced, read and adopted at a regular meeting of the City Council on the 19th day of July, 2016, by the following vote: AYES: COUNCIL MEMBERS: Cadd, Schreder, Sullivan, Weaver, & McArthur NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None MISSY M THUR, Mayor ATTEST: FORM APPROVED: PAMELA WkE, City CWN BARRY E. De AL , lty Atto ey