HomeMy WebLinkAbout81-129 - ResolutionsRESOLUTION NO. 81-129
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF RANCHO CUCAMONGA, CALIFORNIA, DECLARING
ITS INTENTION TO APPROVE AN AMENDMENT TO
CONTRACT BETWEEN THE BOARD OF ADMINISTRATION
OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE RANCHO CUCAMONGA CITY COUNCIL.
WHEREAS, the Public Employees' Retirement Law permits the
participation of public agencies and their employees in the Public
Employees' Retirement System by the execution of a contract, and sets
forth the procedures by which said public agencies may elect to subject
themselves and their employees to amendments to said Law; and
WHEREAS, one of the steps in the procedure to amend this contract
is the adoption by the legislative body of the public agency of a resolution
giving notice of its intention to approve an amendment to said contract, which
resolution shall contain a summary of the change proposed in said contract;
and
WHEREAS, the following is a statement of the proposed change:
To provide Section 20614, Statutes of 1980 (to
prospectively revoke Section 20614, Statutes of
1978) for local miscellaneous members.
NOW, THEREFORE, BE IT RESOLVED, that L.~e City Council of the.
City of Rancho Cucamonga gives notice of intention to approve an amendment
to the contract between the Rancho Cucamonga City Council and the Board
of Administration of the Public Employees' Retirement System, a copy of
said amendment being attached hereto, as "Exhibit A" and by this reference
made a part hereof.
PASSED, APPROVED, and ADOPTED this 19th day of August, 198i.
AYES: Frost, Mikels, Bridge, Schlosser
NOES: None
ABSENT: Palombo
Phillip'D. Schlosser, Mayor
ATTEST:
EXHIBIT "A"
AMENDMENT TO CO~TRACT BET.~ THE BOARD OF ADMINISTRA
CIT"f COUNCI:f~.'
The Board of Administration, PubiCEmployees' Retirement System, hereir~-
afte~ ~efe~ed ~o as Board, and t~ve~ing body of above public agency,
~ep~embe~ 22, 19~, which p~ovl~ fee as fo ows
' ' ' fo~ participat~Vn of Public A~ency in
System, Board and Public AEenc~ ~eby a¢ ~I :
Paragraphs 1 through 9 are hereby stricken from said contract as execut~
effective September 22, 1980, and hereby replaced by the followin~ p~r~-
graphs numbered 1 through 9 inclusive:
1. All words and zerms used herein which are defined in the Prblic
Employees' Retirement Law shall have the meaning as defined therein
unless otherwise specifically provided. '~ormal retirement age"
mean age 60 for local miscellaneous members.
2. Public Agency shall participate in the Public Employees' Re~iremen~
System from and after January 28, 1978 making its employees as
hereinafter provided, members of said System subject to all provis~r.s
of the Public Employees' Retirement Law except such as apply only on
election of a contrac=ing agency and are no% provided for herein
to all amendments to said Law hereafter enacted excep~ such as by
express provisions thereof apply only on the election of con%rac-i~
agencies.
Employees of Public Agency in the following classes shall become
members of said Retirement System except such in each such class
are excluded by law or this agreement:
a. Employees other than local safety members <herein referred
local miscellaneous members).
In addition to the classes of employees excluded from membership oy
said Retirement Law, the following classes of employees shall not
become members of said Retirement System:
NO ADDITIONAL EXCLUSIONS
The fraction of final compensation to be provided for each year
credited prior and current service as a local miscellaneous memo~
shall be determined in accordance with Section 21251.1~ of said
Retirement Law (2~ at age 60 Full).
5. The following additional provisions of the Public Employees' Retire-
ment Law which apply only upon election of a contracting agency shall
apply %o the Public Agency and its employees:
s. Section 2Op24.2 (One-year fina~ompensation).
b. Section 20930.~ (Military s~ce credit) as defined in Chaptar
8%O, Statutes of 19~6.
c. Section 21022.1 (Indu ~rlal diesability retirement for al
miscellaneous membe~.~nly.
· · ~eased non-industrial disability allowance~.
d Section 21298 (
e. Sections 21~2.~1~8v, (1959 Survivors Program), excluding Section
21382.2 (I_~e'ase~ 195~ Survivors benefits).
f. Section<~Z/61a (Statutes of 19.8; reduction of normal me er
contribution rate). From and after September 22, 1980, the
normal member contribution rate shall be -0-~.
g. Section 206~d (Statutes of 1980; to prospectively revoke Section
20614, Statutes of 1978).
6. Public Agency, in accordance with Section 20759.1 Government Code,
shall not be considered an "employer" for purposes of Chapter 6 of the
Public Employees' Retirement Law. Contributions of the Public Agency
shall be fixed and determined as provided in Section 20759, Government
Code, and such contributions hereafter made shall be held by the Board
as provided in Section 20v59, Government Code.
7- 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) 9.22~ percent on account of the liability for current
service benefits.
~2~ 0.~6 percent on account of the liability for the 195°
Survivor Program.
b. A reasonable amount per annum, as fixed by the Board ~ cover ~n~
costs of administering said System as i~ affects the =ployees of
Public Agency, not including the costs of special valuations
of the periodic investigation and valuations required by law.
c. 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.
Contributions required of Public Agency and its employees shmll be
subject to adjustment by Board on account of amendments to th~ Public
Employees' Retirement Law, and on account of the experience under the
Retirement System as determined by %he periodic investigation ~nd
valuation requited ~y said Retirement Law.
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
my 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, or
adjustments on account of errors in contributions required of any
employee m~y be made by direct cash payments bezween the employee and
the Board. Payments by Public Agency to Board may be made in the form
of warrants, bank checks, bank drafts,. certified checks, money orders
or cash.
B. This amendment shall be attached to said con%rac~ and shall be effective on
the day of , 19__.
Witness our hands the
day of , 19__.
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
BY
Carl J. Blechinger, Executive Officer
Approved as to form: ~
'.
ia G. Be eme , ~ Office, Date
,
CITY COUNCIL~.~
OF THE
CITY OF RANC,~ CUCAMONGA
BY
Presiding 0ff~cer
Attest:
Clerk
PERS CON-~02