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HomeMy WebLinkAbout15-055 - Resolutions RESOLUTION NO. 15-055 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING AN AMENDMENT TO THE PUBLIC AGENCY RETIREMENT SERVICES PLAN (PARS), TO ALLOW CITY AND FIRE DISTRICT EMPLOYEES, HIRED PRIOR TO JANUARY 1, 2013, WHO TRANSFER BETWEEN THE CITY OF RANCHO CUCAMONGA AND THE RANCHO CUCAMONGA FIRE PROTECTION DISTRICT, THE ABILITY TO RETAIN THEIR PARS RETIREMENT PLAN ELIGIBILITY WHEREAS, the City Council of the City of Rancho Cucamonga has determined that it is necessary for the efficient operation and management of the City that policies be established prescribing salary ranges, benefits and holidays and other policies for employees of the City of Rancho Cucamonga; and WHEREAS, the City Council of the City of Rancho Cucamonga has previously adopted salary resolutions establishing salary ranges,- benefits and other terms of employment for employees of the City of Rancho Cucamonga; and WHEREAS, the City Council of the City of Rancho Cucamonga recognizes that it is necessary from time to time to amend the salary resolution to accommodate changes in position titles, classifications salary ranges, benefits and other terms of employment; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga, California to approve the attached amendment to the Public Agency Retirement Services Plan (PARS), to allow City and Fire District employees, hired prior to January 1, 2013, who transfer between the City of Rancho Cucamonga and the Rancho Cucamonga Fire Protection District the ability to retain their PARS Retirement Plan eligibility. RESOLUTION NO. 15-055 - Page 1 of 3 PASSED, APPROVED, AND ADOPTED this 15`h day of April 2015. AYES: Alexander, Kennedy, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None 6KKen'nis Michael, Ma or ATTEST: ice. Reynolds, City Clerk I, JANICE C. REYNOLDS, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved and adopted by the City Council of the City of Rancho Cucamonga, California, at a Special Meeting of said City Council held on the 15'h day of April 2015. Executed this 161h day of April 2015, at Rancho Cucamonga, California. n' C. eynolds, City Clerk t RESOLUTION NO. 15-055 - Page 2 of 3 AMENDMENT TO THE CITY OF RANCI-IO CUCAMONGA AND THE RANCHO CUCAMONGA FIRE PROTECTION DISTRICT PARS RE'I'IREMEN"1' ENI-IANCEMEN'f PLAN 9002 WHEREAS, the City of Rancho Cucamonga and the Rancho Cucamonga Fire Protection District (the "Employer") have adopted the City of Rancho Cucamonga and the Rancho Cucamonga Fire Protection District PARS Retirement Enhancement Plan (the "Plan") for the benefit of Eligible Employees; and WHEREAS, the Employer desires to amend the Plan to clarify eligibility for benefits for those Employees transferring employment between the two sponsoring Employers; and WHEREAS, the Employer has reserved the right to amend the Plan from time to time in accordance with Section 5.4 of the Plan. NOW THEREFORE, BE IT RESOLVED that the Plan is hereby amended as follows: 1. A new Section 1.6, Transfer of Employment between Employers, is added to Article I of the Plan to read: 1.6 Transfer of Emplovment between Employers Employees eligible under Tier 1, Section 1.1(a), who concurrently transfer employment from one Employer to the other Employer, shall not incur a break in service for purposes of this Plan. Years of continuous service accrued at each Employer shall be aggregated for vesting purposes under Tier 1, Section 1.1(d) and benefit service under Tier 1, Section 2.1 of the Plan. IN WITNESS WHEREOF, this amendment is hereby adopted effective as of Apri1,16, 2015. 1 1 Executed this 28 day of,A nt\2015. 13}. ohn illison Title: City Manager RESOLUTION NO. 15 055 - Page 3 of 3