HomeMy WebLinkAboutOrdinance 2203 - Amend Contract CALPERS i
ORDINANCE NO. 2203
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE
CITY COUNCIL OF THE CITY OF REDDING AND THE BOARD OF
ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES'
RETIREMENT SYSTEM.
The City Council of the City of Redding does ordain as follows:
Section 1. That an amendment to the contract between the City Council of the City of
Redding and the Board of Administration, California Public Employees' Retirement System is
hereby authorized, a copy of said amendment being attached hereto, marked Exhibit, and by such
reference made a part hereof as though herein set out in full.
Section 2. The Mayor of the City Council is hereby authorized, empowered, and directed
to execute said amendment for and on behalf of said Agency.
Section 3. This ordinance shall take effect 30 days after the date of its adoption, and
prior to the expiration of fifteen days from the passage thereof shall be published at least once in
the Redding Record-Searchlight, a newspaper of general circulation, published and circulated in
the City of Redding, and thenceforth and thereafter the same shall be in full force and effect.
I HEREBY CERTIFY that this Ordinance was introduced and read at a regular meeting of
the City Council of the City of Redding on the 16th day of December, 1997; and was read and
adopted at a regular meeting of the City Council on the 6th day of January, 1998, by the following
vote:
AYES: COUNCIL MEMBERS: Anderson, Kehoe, McGeorge and Murray
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
'A
w
KE U" Y, M•yor
Attest: Form Approved: AR J
Connie Strohinayer, City ie W. Leonard Wingat r thy Attorney
D:\WORK\COUNCIL'pers.ord.wpd
• • •
EXHIBIT
AMENDMENT TO CONTRACT
BETWEEN THE
BOARD OF ADMINISTRATION
OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF REDDING
The Board of Administration, Public Employees' Retirement System, hereinafter referred to as
Board, and the governing body of above public agency, hereinafter referred to as Public Agency,
having entered into a contract effective January 1, 1954, and witnessed December 8, 1953, and as
amended effective October 1, 1956, June 1, 1962, March 21, 1965, October 27, 1968, January 1,
1969, December 19, 1971, February 1, 1974, December 26, 1976, July 1, 1977, November 26,
1978, April 1, 1979, July 6, 1980, July 5, 1981, January 3, 1982, March 27, 1983, June 30, 1985,
June 29, 1986, December 1, 1989, January 6, 1995 and May 19, 1995 which provides for
participation of Public Agency in said System, Board and Public Agency hereby agree as
follows:
A. Paragraphs 1 through 14 are hereby stricken from said contract as executed effective May
19, 1995, and hereby replaced by the following paragraphs numbered 1 through 14
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 55 for local
miscellaneous members and age 50 for local safety members.
2. Public Agency shall participate in the Public Employees' Retirement System from
and after January 1, 1954 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 those,
which by express provisions thereof, apply only on the election of a contracting
agency.
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 Fire Fighters (herein referred to as local safety members);
b. Local Police Officers (herein referred to as local safety members);
• « ff
PLEASE DO f SIGN EXHIBIT ONLY
c. Employees other than local safety members (herein referred to as local
miscellaneous members).
4. 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:
NO ADDITIONAL EXCLUSIONS
5. Prior to January 1, 1975, those members who were hired by Public Agency on a
temporary and/or seasonal basis not to exceed 6 months were excluded from
PERS membership by contract. Government Code Section 20336 superseded this
contract provision by providing that any such temporary and/or seasonal
employees are excluded from PERS membership subsequent to January 1, 1975.
Legislation repealed and replaced said Section with Government Code Section
20305 effective July 1, 1994.
6. This contract shall be a continuation of the benefits of the contract of the Cascade
Community Services District and the Enterprise Public Utility District hereinafter
referred to as "Former Agency", pursuant to Section 20508 of the Government
Code, Former Agencies having ceased to exist and succeeded by Public Agency
on June 23, 1976 and December 22, 1976, respectively. Public Agency, by this
contract amendment dated July 1, 1977, assumes the accumulated contributions
and assets derived therefrom and liability for prior and current service under
Former Agency's contracts with respect to the Former Agency's employees.
Legislation repealed Section 20508, Statutes of 1949, effective January 1, 1988.
7. The percentage of final compensation to be provided for local miscellaneous
members for each year of credited prior and current service shall be determined in
accordance with Section 21354 of said Retirement Law, subject to the reduction
provided therein for service on and after January 1, 1969, the effective date of
Social Security coverage, and prior to December 31, 1981, termination of Social
Security, for members whose service has been included in Federal Social Security
(2% at age 55 Full and Modified).
8. The percentage of final compensation to be provided for each year of credited
prior and current service as a local safety member shall be determined in
accordance with Section 21362 of said Retirement Law(2% at age 50 Full).
9. Public Agency elected and elects to be subject to the following optional
provisions:
a. Section 21222.2 (Special 5% Increase-1971). Legislation repealed said
Section effective January 1, 1980.
b. Section 21024 (Military Service Credit as Public Service), Statutes of
1974.
PLEASE D•OT SIGN "EXHIBIT ONLY"
c. Section 21024 (Military Service Credit as Public Service), Statutes of
1976.
d. Section 20965 (Credit for Unused Sick Leave).
e. Section 20042 (One-Year Final Compensation).
f. Sections 21624, 21626 and 21628 (Post-Retirement Survivor Allowance).
g. Section 21427 (Improved Non-Industrial Disability Allowance) for local
safety members only.
h. Section 20614, Statutes of 1978, (Reduction of Normal Member
Contribution Rate). From November 26, 1978 and until March 31, 1979,
the normal local miscelaneous member and local safety member
contribution rate shall be reduced by 1%; from April 1, 1979 through July
5, 1980, the normal local miscellaneous member and local safety member
contributions rates shall be reduced by 2%; from July 6, 980 through
January 2, 1982, the normal local miscellaneous member contribution rate
shall be reduced by 3%; and from July 6, 1980 through March 26, 1983,
the normal local safety member contribution rate shall be reduced by 3%.
Legislation repealed said Section effective September 29, 1980.
i. Section 20690, Statutes of 1980, (To Prospectively Revoke Section 20614,
Statutes of 1978).
j. Section 21573 (Third Level of 1959 Survivor Benefits).
10. Public Agency, in accordance with Government Code Section 20790, ceased to be
an "employer" for purposes of Section 20834 effective on December 26, 1976.
Accumulated contributions of Public Agency shall be fixed and determined as
provided in Government Code Section 20834, and accumulated contributions
thereafter shall be held by the Board as provided in Government Code Section
20834.
11. Public Agency shall contribute to said Retirement System the contributions
determined by actuarial valuations of prior and future service liability with respect
to local miscellaneous members and local safety members of said Retirement
System.
12. Public Agency shall also contribute to said Retirement System as follows:
a. Per covered member, $1.50 per month on account of the liability for the
1959 Survivor Benefits provided under Section 21573 of said Retirement
Law. (Subject to annual change.) In addition, all assets and liabilities of
Public Agency and its employees shall be pooled in a single account,
based on term insurance rates, for survivors of all local miscellaneous
members and local safety members.
•
b. A reasonable amount, as fixed by the Board, payable in one installment
within 60 days of date of contract 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 periodic investigation and valuations
required by law.
c. 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 periodic investigation and
valuations required by law.
13. 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 periodic investigation and valuation required by said
Retirement Law.
14. Contributions required of Public Agency and its employees shall be paid by
Public Agency to the Retirement System within fifteen 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. Adjustments on account of errors in contributions required of any
employee may be made by direct payments between the employee and the Board.
B. This amendment shall be effective on the‘,. of , 19
BOARD OF ADMINISTRATION ?J CITY COUNCIL
PUBLIC EMPLOYEES' RETIREMENTS*TEM OF THE ,;�` �'
CITY OF REDDING <<:-
BY BY /,
1.._V.
KENNETH W. MARZION, C2EF PRESIDING OFFICER
ACTUARIAL & EMPLOY% ERVICES DIVISION
PUBLIC EMPLOYEES'444IREMENT SYSTEM
Witness Date
Attest:
Clerk
AMENDMENT
PERS-CON-702A(Rev.8\96)
•
In the Superior Court of the State of California
in and for the County of Shasta
CERTIFICATE OF PUBLICATION
ORDINANCE NO.2203
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF REDDING AUTHORIZING AN AMEND-
_MENIr TO ORACT OCHE REDDING AND THE
liOgRD OF THE ADMINISTRATIONCNTBETWEEN OF THE THE CALIFORNIACITYCUN
PUBLICILOF ETA ER
RETIREMENT SYS-
-IEMf.
The City Council of the City of Redding does ordain as follows:
drag
v S9ctionand 1.the Board That anof amendment ton the contract between the City CouncilRetirement of theSysteCity of Red-
No, 2203 Administration,California Public Employees' is here-
by'authorized,a copy of said amendment being attached hereto,marked Exhibit,anmd by such
.rsfeyence made a part hereof as though herein set out is full.
Section 2. The Mayor of the City Council is hereby authorized,empowered,and directed to
Public Notice execute said amendment for and on behalf of said
ency
n. section 217614,Jtatues 01 ry/t5 mr.0 utt ur rvuirudi rvienmer uunu iuuuun
City of Redding Rate). From November 26, 1978 and until March 31, 1979,the normal local
miscellaneous member and local safety member contribution rate shall be
reduced by 1%;from April 1, 1979 through July 5, 1980,the normal local
miscellaneous member and local safety member contributions rates shall be
State of California reduced by 2%;from July 6,980 through January 2, 1982,the normal local
miscellaneous contribution rate shall be reduced by 3%; and from July 6,
County of Shasta 1980 through March 26, 1983,the normal local safety member contribution
rate shall be reduced by 3%,Legislation repealed said Section effective Sep-
tember 29,1980.
I hereby certify that the Record Searchlight is a i. Section 20690,Statutes of 1980,(To Prospectively Revoke Section 20614,Stat-
utes of 1978).
newspaper of general circulation within the provisions
of the Government Code of the State of California, 1• Section 21573(Third Level of 1959 Survivor Benefits)•
andpublished in the Cityof Redding,County10. Public Agency,in accordance with Government Code Section 20790,ceased to
printed g be an"employer"for purposes of Section 20834 effective on December 26,1976.
of Shasta,State of California;that I am the principal Accumulated contributions of Public Agency shall be fixed and determined as
provided in Government Code Section 20834, and accumulated contributions
clerk of the printer of said newspaper;that the notice thereafter shall be held by the Board as provided in Government Code Section
of which the annexed clipping is a true printed copy 20834.
11. Public Agency shall contribute to said Retirement System the contributions de-
Was published in said newspaper on the following
termined by actuarial valuations of prior and future service liability with respect
dates,to wit; • to local miscellaneous members and local safety members of said Retirement
System.
12. Public Agency shall also contribute to said Retirement System as follows:
January 14, 1998. a. Per covered member,$1.50 per month on account of the liability for the 1959
Survivor Benefits provided under Section 21573 of said Retirement Law.
(Subject to annual change.) In addition, all assets and liabilities of Public
I certify under penalty of perjury that the foregoing Agency and its employees shall be pooled in a single account,based on term
is true and correct,at Redding, California on the insurance rates,for survivors of all local miscellaneous members and local
safety members.
b. A reasonable amount,as fixed by the Board,payable in one installment with-
14th day of January, 1998. in 60 days of date of contract to cover the costs of administering said System
as it affects the employees of Public Agency,not including the costs of spe-
cial valuations or of the periodic investigation and valuations required by
law.
4� c. 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 periodic investigation and val-
SlgnatUYC uations required by law.
*13. Contributions required of Public Agency and its employees shall be subject to
-. adjustment by Board on account of amendments to the Public Employees'Re-
- • tirement Law,and on account of the experience under the Retirement System as
SEARCHLIGHT determined by the periodic investigation and valuation required by said Retire-
RECORDment Law.
1101 Twin View Blvd.,Redding,California 96003 14. Contributions required of Public Agency and its employees shall be paid by
Public Agency to the Retirement System within fifteen days after the end of the
period to which said contributions refer or as may be prescribed by Board regu-
lation.If more or less than the correct amount of contributions is paid for any pe-
RECEIVED r-". riod, proper adjustment shall be made in connection with subsequent
( remittances.Adjustments on account of errors in contributions required of any
employee may be made by direct payments between the employee and the
Board.
JAN 1 6 1998
-January 14,1998 4344841
PURCHASING