HomeMy WebLinkAbout07-274 - Resolutions RESOLUTION NO. 07-274
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, TO REQUEST
AUTHORIZATION FROM THE CALIFORNIA PUBLIC
EMPLOYEES' RETIREMENT SYSTEM ("CaIPERS") TO DIVIDE
THE RETIREMENT SYSTEM INTO TWO SECTIONS
PURSUANT TO TITLE 2, CALIFORNIA ADMINISTRATIVE
CODE, ARTICLE 3, DIVISION OF RETIREMENT SYSTEM FOR
MEDICARE COVERAGE PURPOSES.
WHEREAS, the City of Rancho Cucamonga, hereinafter designated as "Public
Agency", desires to establish a "deemed" retirement system pursuant to Section 218(d)(6) of the
Federal Social Security Act composed of positions of members of the California Public
Employee Retirement System, hereinafter designated "Present Retirement System", desiring
"Medicare-Only" coverage, and to include services performed by individuals employed by the
Public Agency in positions covered by said "deemed" retirement system, as members of a
coverage group established by Section 218(d)(4) of said Act, in the California State Social
Security Agreement of March 9, 1951, providing for the coverage of public employees under the
insurance system established by said Act as amended, and
WHEREAS, State and Federal law and regulations require, as a condition of
such coverage, that a division be authorized by the Board of Administration, CaIPERS; and
WHEREAS, it is necessary that the Public Agency now designate any services
which it desires to exclude from coverage with respect to such coverage group under said
insurance system; and
WHEREAS, it is necessary for the Public Agency to set forth the modification, if
any, of the benefits and contributions under the Present Retirement System that may result from
coverage under the said insurance system with respect to such coverage group;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, HEREBY RESOLVES, that the Board of Administration. CaIPERS, be and
hereby is requested to authorize the foregoing division; and
BE IT FURTHER RESOLVED, that upon receipt of authorization from the Board
of Administration a division shall be conducted in accordance with the requirements of Section
218(d) of the Social Security Act, and applicable State and Federal laws and regulations; that
each eligible member of the Present Retirement System at the time of the division shall be
furnished a form to permit the member to elect whether or not his services should be excluded
from or included under the said California State Social Security Agreement as hereinbefore
provided, with such "Medicare-Only" coverage effective as to services performed on and after
September 1, 2008, and
BE IT FURTHER RESOLVED, that the following services with respect to said
coverage group of the Public Agency shall be excluded from coverage under said agreement:
1. All services excluded from coverage under the agreement by Section 218 of
the Social Security Act, and
Resolution No. 07-274
Page 2 of 3
2. No optional exclusions desired by the Public Agency, and
BE IT FURTHER RESOLVED, that with respect to the said coverage group the
benefits and contributions of the Present Retirement System shall not be modified in any way;
and
BE IT FURTHER RESOLVED, that notice of the division shall be given to
members of the Present System not less than ninety days prior to the date of the division,
provided however, that notice shall be given to employees becoming members of the Present
Retirement System after the date of such notice up to and including the date of the division on
the date on which they attain membership in the system, and that Michelle Yancy, Benefits
Technician, is hereby designated and appointed to conduct such division on behalf of the Public
Agency in accordance with law, regulations, and this resolution, including the fixing of the date
and the giving of proper notice thereof to members of the Present Retirement System and to all
such eligible employees, and
BE IT FURTHER RESOLVED, that the Public Agency will pay and reimburse the
State at such time and in such amounts as may be determined by the State the approximate
cost of any and all work and services relating to such division.
Please see the following page
for formal adoption,certification and signatures
Resolution No. 07-274
Page 3 of 3
PASSED, APPROVED, AND ADOPTED this 5`h day of December 2007.
AYES: Gutierrez, Kurth, Michael, Spagnolo, Williams
NOES: None
ABSENT: None
ABSTAINED: None
V �
Donald J. Kurth, .D., Mayor
ATTEST:
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Debra J. A s, CMC, City Clerk
I, DEBRA J. ADAMS, 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 Regular Meeting
of said City Council held on the 5`h day of December 2007.
Executed this 6`h day of December 2007, at Rancho Cucamonga, California.
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De ra J. Ad Es,7
MC, City Clerk