HomeMy WebLinkAboutReso. 1980 - 035 - Intention to approve an amendment to contract between the Board of Administration of the Public Employees' Retirement System and the City of Redding • •
- " . RESOLUTION NO. , --6),..;_,- ..i
A •RESOLUTION' OF THE CITY •COUNCIL- OF THE' CITY OF -REDDING' • ,
_ - • • • • OF. INTENTION APPROVE AN AMENDMENT _TO 'CONTRACT •
BETWEEN THE BOARD OF ADMINISTRATION"'OF; THE PUBLIC
EMPLOYEES:' RETIREMENTSYSTEM AND THE CITY OF REDDING.
WHEREAS, the Public Employees ' ,Retirement Law permits • " .
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the participation of public agencies and their employees. in the -
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' Public Employees ' . Retirement System by the execution of acon
- , tract, and sets forth` the procedure . by. which said public. ag.encies'
may `elect to subject" ,themselves •and their employees to -amend-
ments. to said Law, and r -
• WHEREAS , one of the• steps in-the procedure to amend
this contract is the -adoption by the legislatiie body. of the
- • '' public notice:
Of of a resolution giving notice Of its-.intention
to approve _an,an,, -amendment" to •said contract, which- resolution
shall contain.; a summary of the change proposed in said contract, ,
and
"WHEREAS; the following' is a':sta,tement of the proposed -
. - change.
To• •provide ;that .normal contribution rates shall• be. '
reduced by an additional 1% for .local .miscellaneous .
' and local sa-fetylmembers, , , ;
• NOW, , THEREFORE,,:,.. , IT RESOLVED that the,governing' '
- • - body of, the above agency gives, and: •it does,hereby give notice ,
of intention ta-approve an, amendment to.,. -the contract between , '
: the said governing body' and the Board 'of, Administration • of the "
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Public ;-Employees' Retirement System, a:.copy . of said amendment
being attached hereto as an exhibit and 'by this; _reference made • '
apart` hereof. .
- I HEREBY CERTIFY :t•hat the foregoing •,Resolution was 4
,.introduced and read fat ,a regular meeting,�of the; City Council -of
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the; City of Redding on the 3rd day of March , 1980 , and
was duly adopted at said meeting by the following vote:
AYES : COUNCILMEN: Gard, Kirkpatrick, Pugh, and Demsher
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN: Ful ton
A EST:
' > DONALD M. DEMSHER
a4-71 Mayor of the City of Redding
MILDRED L. ' BI A�ZTON,/ ity Clerk
FORM PROVED: d9
fA PALL A. YAYS, Ci A orney
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• AMENDMENT TO CONTRACT BETWEEN THE
BOARD OF ArMINISTRAfMN.7 .,r
PUBLIC EMPLOYEES' RETIREMNT�S 'STEM'�' °-
AND THE i1,� ^�t''� r r -a ;, } ?r't
CITY COUNCIL r Er
Apr �:� �t r ti r I} ,� r � � t; 7
OF THE
CITY OF REDDING '`'"
The Board of Administration, Public Employees' Retirement System, herein-
after referred to as Board , and the governing body of above public agency,
. hereinafter referred to as Public Agency, having entered into a contract under
date of December 8, 1953, effective January 1, 1954, 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, and April 1, 1979, which provides for participation of
Public Agency in said System, Board and Public Agency hereby agree as follows :
A. Paragraphs 1 through 11 are hereby stricken frau said contract as executed
effective April 1 , 1979, and hereby .replaced by the .following paragraphs
numbered 1 through 12 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 and age 55 for local safety -
members.
2. Public Agency shall participate in the Public Employees' Retirement
System frau 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 such as by
express provisions thereof apply only on the election of contracting
agencies.
3. Employees of Public Agency in the following classes shall became
members of said Retirement System except such in each such class as
are excluded by law or this agreement:
a. Local Firemen (herein referred to as local safety members) ;
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b. Local Policemen (herein referred to as local safety members) :
c. Employees other than local safety members (herein referred L. as •
local miscellaneous members) .
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:
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NO ADDITIONAL EXCLUSIONS
4. 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 ex-
eluded from PERS Membership. Government Code Section 20336 supercedes
this contract provision by providing that no contract or contract
amendment entered into after January 1, 1975 shall contain any provi-
. sion excluding temporary or seasonal employees.
5. This contract shall be the continuation of the contract of the
Cascade Co munity 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 been succeeded by Public Agency on June 23, 1976 and
December 22, 1976 respectively. Public Agency, by this contract,
assumes the accumulated contributions and assets derived therefrom and
liability for prior and current service under the Former Agency's
contract with respect to the Former Agency's employees.
6. The fraction of final compensation to be provided for local miscel-
laneous members for each year of credited prior and current service .
shall be that provided in Section 21251. 13 subject to the reduction
provided therein for service on and after January 1, 1969 of
members whose service has been included in Federal Social Security.
7. The fraction 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 21252.1 of said Retirement Law
(One-half pay at age 55).
8. The following additional provisions of the Public Employees' Retire-
ment Law which apply only upon election of a contracting agency shall
apply to the Public Agency and its .employees: •
a. Section 20952.5 (Age 50 voluntary retirement) for local safety
members only.
b. Sections 21380-21388 (1959 Survivors Program) .
c. Section 21222.1 (Special 5% increaser 1970) .
d. Section 20930.3 (Military service credit) as defined in Chapter.
830, Statutes of 1976.
e. Section 20862.8 (Unused sick leave credit) .
f. Section 20024.2 (One-year final compensation) .
g. Sections 21263/21263. 1 (Post-retirement survivor allowance) .
h. Section 21298 (Increased non-industrial disability allowance) ,
for local safety members.
i . Section 20614 (providing that normal member contribution rates •
shall be reduced by 3% for local miscellaneous and local safety
members.
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9. Public Agency, in accordance with Section 20740, Government Code,
' ceased to be an "employer" for purposes of -Chapter 6 of the Public
Employees' Retirement Law effective on December 26, 1976. Accumulated
contributions of Public Agency as of the aforementioned date shall be
fixed and determined as provided in Section 20759, Government Code,
and accumulated contributions as of the aforementioned date and
contributions thereafter made shall be held by the Board as provided
in Section 20759, Government Code.
10. Public Agency shall contribute to said Retirement System as follows :
a. With respect to miscellaneous members, the agency shall con-
tribute the following percentages of monthly salaries earned as
miscellaneous members of said Retirement System:
(1) 1.607 percent until June 30, 2000 on account of the
liability for prior service benefits.
(2) 16.910 percent on account of the liability for current
service benefits.
(3) 0.006 percent on account of the liability for the 1959
Survivor Program.
b. With respect to local safety members, the agency shall contribute
the following percentages of monthly salaries earned as local
safety members of said Retirement System:
. (1) 0.409 percent until June 30, 2000 on account of the
liability for prior service benefits.
(2) 20.295 percent on account of the liability for current
service benefits.
c. A reasonable amount per annum, as fixed by the Board 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.
d. A reasonable amount as fixed by the Board, payable in one install-
ment as the occasions arise, to cover the costs of special valua-
tions on account of employees of Public Agency, and costs of the
periodic investigation and valuations required by law.
11. 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.
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12. Contributions required of Public Agency and its employees shall be
paid by Public Agency to the Retirement System within thirty days
after the end of the period to which said contributions refer or as
may be prescribed by Poard regulation. If more or less than the
correct amount of contributions is paid far any period , proper
adjustment shall be made in connection with subsequent remittances, or
adjustments on account of errors in contributions required of any
employee may be made by direct cash payments between the employee and
the Poard. Payments by Public Agency to Poard may be made in the form
of warrants, bank checks, bank drafts, certified checks , money orders
or cash.
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B. This amendment shall be attached to said contract and shall be effective on
the day of , 19l.
Witness our hands the day of , 19w.
BOARD CF ADMINISTRATION CITY COUNCIL
PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF THE
CITY OF REDDING
BY BY .
r J. ec roger, Executive Officer Presiding Officer. :', '`<4,.;
i 1:
1� cr ur re
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•Approved as to form: t . ,Attest-
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141./A.!/�.i . l .4,,,,x,,,/ ;je,/,2c )
C thea G. 7 semerc`-Legal Office, Date Clerk
PERS CON-702