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HomeMy WebLinkAboutReso 2004-161 - EPMC . . ..~ "" RESOLUTION NO. 2004-161 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING OF INTENTION TO REPORT THE VALUE OF EMPLOYER PAID MEMBER CONTRIBUTIONS (EPMC) AS COMPENSATION FOR MEMBERS OF THE PEACE OFFICERS ASSOCIATION OF REDDING. WHEREAS, the City of Redding has the authority to implement Government Code Section 20636(c)(4), pursuant to Section 20691; and WHEREAS, the City of Redding has a written an agreement which specifically provides for the implementation of the enhanced CalPERS retirement benefit known as Employer Paid Member Contribution (EPMC) for members of the Peace Officers Association of Redding; and WHEREAS, one of the steps in the procedures to implement this section is the adoption by the governing body of the City of Redding ofa resolution giving notice of its intention to commence reporting the value of Employer Paid Member Contributions (EPMC) as compensation for all members of a group or class; and WHEREAS, the following is a statement of the proposed change in reporting compensation to PERS: The City of Redding elects to pay 9 percent of employees' compensation earnable as Employer Paid Member Contributions and report the same percent of compensation earnable (excluding Government Code Section 20636[c][4]) as additional compensation. This benefit shall apply to all employees represented by the Peace Officers Association of Redding. The effective date of this Resolution shall be September 12,2004. NOW, THEREFORE, IT IS HEREBY RESOLVED that the City Council of the City of Redding shall implement Government Code Section 20636( c)( 4), pursuant to Section 20691, by paying and reporting the value of Employer Paid Member Contributions for all employees who are members of the Peace Officers Association of Redding, as indicated above. o ,-f... I - (;" - . . .-- I HEREBY CERTIFY that the foregoing Resolution was introduced, read, and adopted at a regular meeting of the City Council of the City of Redding on the 5th day of October, 2004, by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: Cibula, Kight, Mathena, Stegall, and Pohlmeyer None None None MIC Mayor ":, , ATTEST:( > FORM APPROVAL: ~ ..J r \. , ~ , . . I ,.. r ., -:,'-\ \ '.. " , CONNIE STROHMA~ , -.,\;...... "