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HomeMy WebLinkAboutOrdinance 2117 - Amendment Contract City Of Redding And California Public Employees Retirement System ORDINANCE NO. �� % 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 TO PROVIDE THIRD LEVEL OF 1959 SURVIVOR BENEFITS TO LOCAL FIRE MEMBERS. The City Council of the City of Redding does hereby ordain as follows: Section 1. That an amendment to the Contract between the City Council of the City of Redding and the Board of Admini- stration of the California Public Employees ' Retirement System is hereby authorized, a copy of said amendment being attached hereto and incorporated herein by reference as though set out in full. Section 2. The Mayor of the City of Redding is hereby authorized, empowered, and directed to execute said amendment for and on behalf of the City Council of the City of Redding. Section 3 . This Ordinance shall take effect 30 days after the date of its adoption, and prior to the expiration of 30 days from the passage thereof shall be published at least one time in the 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. Section 4. The City Clerk shall certify to the adoption of this Ordinance and cause its publication according to law. I HEREBY CERTIFY that the foregoing Ordinance was introduced and read at a regular meeting of the City Council on the 21st day • of March 1995 ; and was duly read and adopted at a regular meeting of the City Council on the 18th day of April 1995, by the following vote: AYES: COUNCIL MEMBERS: P. Anderson, R. Anderson, McGeorge, Murray and Kehoe NOES: COUNCIL MEMBERS:None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS:None Mayor, DA D A. KEHOE City Redding ATTEST; A CONNIE STIkOHMAYER, C# y Jerk FORM APPROVED: W. LEONARD WINGAtft, City Attorney 2 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 and January 6, 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 January 6, 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 60 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); C. Employees other than local safety members (herein referred to as local miscellaneous members). � ASE Dd P�df SIGN ` UHIV NO` 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 supersedes 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 20334 effective July 1, 1994. 6. This contract shall be a continuation of the benefits of the contracts of the Cascade Community Services District and the Enterprise Public Utility District, hereinafter referred to as "Former Agencies", pursuant to Section 20567.1 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 Agencies' contracts with respect to the Former Agencies' employees. Legislation repealed Section 20567.1, 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 21251.13 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 60 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 21252.01 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 20930.3 (Military Service Credit as Public Service), Statutes of 1974. C. Section 20930.3 (Military Service Credit as Public Service), Statutes of 1976. d. Section 20862.8 (Credit for Unused Sick Leave). e. Section 20024.2 (One-Year Final Compensation). f. Sections 21263, 21263.1 and 21263.3 (Post-Retirement Survivor Allowance). S PLEASE D4 NOT SIGN "EXNTTN o LP g. Section 21298 (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 miscellaneous and local safety member contribution rates shall be reduced by I%; from April 1, 1979 through July 5, 1980, the normal local miscellaneous member and local safety member contribution rates shall be reduced by 2%; from July 6, 1980 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 20614, Statutes of 1980, (To Prospectively Revoke Section 20614, Statutes of 1978). j. Section 21382.4 (Third Level of 1959 Survivor Benefits) pursuant to Article 6 (commencing with Section 21380) for local miscellaneous members and local safety members. 10. Public Agency, in accordance with Government Code Section 20740, ceased to be an "employer" for purposes of Section 20759 effective on December 26, 1976. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20759, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20759. 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. Public Agency shall contribute$2.00 per covered member, per month on account of the liability for the 1959 Survivor Benefits provided under Section 21382.4 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 tern 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 day of , 19 BOARD kD MINISTRATION CITY COUNCIL PUBLICOYEES' RETIREMENT SYSTEM OF THE � CITY OF REDQING for BY BY A_ CHIEF ACTUAR Presiding Offilb ACTUARIAL OFFIf PUBLIC EMPLOYEES IREMENT SYSTEM :�► O Witness Date Attest: Clerk AMENDMENT PERS-CON-702A (Rev. 3/95) In the Superior Court of the State of California in and for the County of Shasta CERTIFICATE OF PUBLICATION No------------------------------------- PUBLIC NOTICE ORDINANCE 2117 ______________ - -_------------------------------------------------------- .___ III UILU(UUIILC Nnur u"u"Heol gel Of s anuli ue ueent Low, STATE OF CALIFORNIA me reduction provided therdei,for service on a d ioflerO COUNTY OF SHASTA ss. January 1,1969,the effective dote of Social Security coverage,and prior to december 31,1901,termination of incce hos been luded inrFedeoral social r5 security (2%,whose i at age 50 Full and CE NTY OF Mo dified). E CON- I hereby certify that the Record Searchlight is a 9.Public Agency elected and elects Ta be subject to the ITY OF following optional Provisions: OF THE a.Section 21222.2(Special s%Increase-1^71). >sTEM newspaper of general circulation within the provisions Legislation repealed said Section effective yEFITS January 1,1980. .I b.Section 20930.3(Military Service Credit as Public Slain as d of the Government Code of the State of California, Service)Statutes Of 1974. c.Section 20930.3(Ml Service Credit as Public die City printed and published in the City of Redding, County Service)Statues of 1976. lion of d.Section 20862.8(Credit for Unused Sick Leave). �erebv e.Section 20024.2(One-Year Final Compensation)• 0 and of Shasta, State of California; that I am the principal f.Sections 21263,21263.1 and 21263.3(POS t•Retirement 4 Survivor Allowance). l�reby g.Section 21298(Improved Non-Industrial Disability Ilment clerk of the printer of said newspaper; that the notice h$lllowonce)for rSocal soft 197 er(Reductbers ion of Normal Member Contribution Rate).From November 26,1978 ,Lr the of which the annexed clipping is a true printed co the normal local an the PP 9 P PY and until Morch 31,1979, mber me hcord rates slhall be reduced bv1%;Yfrom April 1,1979 flan and was published in said newspaper on the following through July 5,1980,the normal local miscellaneous atter member and local safety member contribution rates dates,to wit: shall be reduced by 2%;from July 6,1980 through this 1 January 2,1982,the normal local miscellaneous 'was d member contribution rate shall be reduced 3%;from i July 6,1980 through March 26, the normal local at a APRIL 2 6 1995 safety member contribution rate to S 'I on shall be reduced by 995 ------------------------L__________________-_-__------------------------------- 3%.Legislation repealed said Section effective i_ September 29,1980• i.Section 20614,Statutes of 1980,(To Prospectively Revoke Section 20614,Statutes of 1978). i. Art59 Survivor Benefits) Section 21382.4(Third Level of 19Se _ for localmiscellaneousmemberis ng andilocal sa�ety1380) I certify under penalty of perjury that the foregoing members. inacrdewith enmntCode lOSPublic Agency, anem-employer" of e ce to csection 20759 effective on December 26,ontributions of Public A9 ncY shall be fixed andumulated Is irUe and correct, at Redding, California on the ' ora aceurnon 20759, aas lated contributions ons thereafterin Government oshall bede held by µ i( the Board as provided in Government Code Section 20759. 2 6th day of APRIL 11.Public Agency shall contribute To said Retirement System -_ -______ a the contributions determined by actuarial valuations of I 0 prior and future service liability with respect to loco miscellaneous members and local safety members of said I �i Retirement System. ibu 19------9-5------ Ic 12.Public Agency shall also contrte to said ReTiremen li System as follows: a a.Public Agency shall contribute 52.00 Per covered 959 Sur,vor Benefits provided under Sethe ction 2382.4 of I 1 said additRon,aeC ll assets and liabilities of Publ'<t to annual hAgenc)v In i. " r and its employees shall be pooled in a single accaun, `- based on term insurance rates,far survivors of all 1 Signature 1 locai7i miscellaneous members and local safety i b.A reasonable amount,os fixed by the Board payable in 1 one installment within 60 days of date of contract to 1 cover the costs of administering said System as if yes of affethects the sts OfespeciaevaluoPons or of the peuc Agency, riod eluding investigation and valuations required by law• C.p einstalelllment as the occasions arisy the en o cover thee in RECORD SEARCHLIGHT cost of special valuations on account of employees of Public Agency and costs of the periodic investigation �I 1101 Twin View Blvd., Redding, California 96003 and valuations required by law. I 13.Contributions required of Public Ag enCY and its employees shall be subiect to adjustment by Board on account o on accouments tont of the experielnce ic under the Employees'Retirement andm as determined by the periodic Retirement Syste ion required by said Retirement investigation and valuat Low, C, the paid s r quitPubld of PUvlitoThe Retiaremennd itsi System es within fifteen days after the end of the period to which Said contributions mnre refer or as less Than may thebcorrectribed amount OfBoard _..,_..., _......o.n iiustment