HomeMy WebLinkAboutOrdinance #1614 ORDINANCE NO. 1614
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
HUNTINGTON BEACH AUTHORIZING AN AMENDMENT TO
THE CONTRACT BETWEEN THE CITY COUNCIL AND THE
BOARD OF ADMINISTRATION OF THE CALIFORNIA PUB-
LIC EMPLOYEES ' RETIREMENT SYSTEM
The City Council of the City of Huntington Beach does ordain
as follows :
SECTION 1 . That an amendment to the contract between the
City Council of the City of Huntington Beach and the Board of
Administration, California Public Employees ' Retirement System
is hereby authorized, a copy of said amendment being attached
hereto, marked "Exhibit A, " and by such reference made a part
hereof as though herein set out in full .
SECTION 2 . The Mayor of the City of Huntington Beach is
hereby authorized, empowered, and directed to execute said amend-
ment for and on behalf of said agency .
SECTION 3 • This ordinance shall take effect thirty days
after the date of its adoption, and prior to the expiration of
fifteen days from the passage thereof shall be published at
least once in the Huntington Beach News, a newspaper of general
circulation, published and circulated in the City of Huntington
Beach, and thenceforth and thereafter the same shall be in full
force and effect .
ADOPTED AND APPROVED this 16th day of November, 1970 .
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Mayor
ATTEST: APPROVED AS TO FORM:
City erk City Attor
-CMIF:ICATION. OF.FINAL
ACTION OF GOVEMUM BODY
November 17, 1970
Date
Board of Administration
Public Employees' Retirement System
Sacramento, California
I hereby certify:
That the City Council of the City 6f Huntingtbn
Beach adopted on November 16, 1974Y an affirmative
vote of at least two-thirds of the members of said governing body,
Ordinance No. 1614 approving the attached amendment between
the governing body of said Agency and the Board of Administration of the Public Employees'
Retirement System, a certified copy of said Ordinance No. 1614 in the
form furnished by said Board of Administration being attached hereto.
Clerk M
CITY OF HUNTINGTON BEACH
Name of Agency
Ret. Form 130 (rev. 8/68) 300
i'
° 0
M y
I
The fraction of final compensation to be provided for each year of
credited current service as a miscellaneous upon retirement
at nozvAl retirement age shall be 1/60 and shall be applied as pro-
vided in Section 21251,1 of said Retirement *
' +► Jho fraction of final compensation to be provided for cash year o
credited current service as a local safety somber shall be determined
In accordance with Section W52.1 of said Retirement Law*
6 Benefits on account of prior service shall be 1 of the fraction
of final compensation specified for misoollaneous members in Pax*-
graph 4 sbovo# but computed in accordance with 3oction 21253 of said
Retirement 1A*j and for local safety menbors shall be of the
fraction established in accordancewith Paragraph
710 Contributions ono for misoo local safetr members shall be
subjacct to Sections 20601 wA 20609 respectivoIr of said Retirement
Law*
$* the following additional provisions of the 1ubliO xvlaysoof Rotirt-
mont Lou vh ob apply only upon election on of a contracting agency shall
apply to the Public Agency and its 'I. s
aa„ Section 2W24,01 (deflaing "final " tin the basis of
a Period of three consecutive gears).
b+ Section .258(b) (providing ac minimla rOUT400fti 411OW4DOO Of
.00 per year under certain ceo>aditions)o
oSection 21367.51 (providing a $5W.00 death benefit upon death
after retirement)
d Section l't 5 (providing for inclusion of Compensation on without
Unit in sopputations whers compensation is a factor),
e. section 2095 5 (providing for alter 50 ace the minimum volume%
retirement age for local safety members with benefit paymsatO
comencing prior to age 55 subject to actuarial di soount)o
` f lion 20019.3 (providing for the inclusion of Ufogwuts on
as 'local safety a )
Rot. YOM 702-2
g• Section 21251.3 (providing for the recalculation of allowances
to persons retired prier to March 1, 1952, for time commencing
on Larch 1, 1952,e in accordance with this contract as amended
on March 1, 19521, provided that no allowances are to be decreased
by such recalculation).
h. Section 21380-7 (providing for allowances for survivors of
members covered under the program upon death before retirement).
9. Public Agency shall contribute to said Retirement System as follows
a. With respect to miscellaneous members# the public agency shall
contribute the following percentages of monthly salaries earned
as miscellaneous members of said Systems
(1) 5•692 percent on account of the liability fear current service
benefits*
(2) $5 00 per month for each member covered under the provisions
of Section 21380-7 (1959 Survivors Program).
b. With respect to local safety members., the public agency shall
contribute the following percentages of monthly salaries earned
as local safety members of said Systems
(1) 9.882 percent on account of the liability .for current service
benefits.
(2) $5,00 per month for each member covered under the provisions
of Section 21380-7 (1959 Survivors Prograam)#
c. A reasonable amount per annum, as fixed by Beard to cover the
costs of administering said System as it affects the employees
of Public Agency* not including the costs of spacial valuations
or the periodical investigations and valuation required by law,
provided that said amount shall be determined on the basis of
the number of employees of Public Agency who are reported as
members on a payroll designated by the System covering one month
of each year,, or with respect to the first year of participation.*
on the effective elate of said participation.
d. A reasonable amount as fined by the Board, payable in one install-
ment as the occasions arias„ to cover costs of special valuations
can account of employees of Public Agency, and costs of the period-
ioal investigation and valuation required by law*
10 Contributions required of Public Agency and its employees shall be
subject to adjustment by Hoard on account of amendments to the Public
Himplayess' Retirement law, and on account of experience under the
Retirement System. as determined by the periodical investigation
and valuation required by said Retirement Law.
Rot. Form 702-3
ll. Contributions required of PublicAgeney and its l shall be
paid br "tabliee Agency to the Rotirwent, System vithin thirty days
a tter the end of the period to vhich said contributions refer* It
more or less than the correct not of contribution is paid for air
eriod# proper adjustment shall be made in tonneotion with subsequent
remittances or adjustaient, on account cunt of *Mors in contributions roo
quired of arW emplavesbe iviade by dust wish p nts between
the le and Board. Payments by Public Agency is Board my be
made in the form, of warrants., ohooks,e bank drafts, certified
nhecke# money orders,# or cash,
B. Thitamanduant shall be off day of
Witness our hands this day o
MARD OF AMMISTRATION CITY COUNCIL
PUBLIC &VWTMSt 91TrRWNT SYSM
cr To
CM OF IPA ,, C
* n r e
M R
Attesti
Rest. roan 702-4
Ord. No. 1614
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss :
CITY OF HUNTINGTON BEACH )
I , PAUL C. JONES , The duly elected, qualified, and
acting City Clerk of the City of Huntington Beach and ex-
officio Clerk of the City Council of the said City, do hereby
certify that the whole number of members of the City Council
of the City of Huntington Beach is seven; that the foregoing
ordinance was read to said City Council at a regular
meeting thereof held on the 2nd day of November,
19 70 , and was again read to said City Council at a regular
meeting thereof held on thel6th day of November ,
19_L2__, and was passed and adopted by the affirmative vote of
more than a majority of all the members of said City Council.
I
AYES: Councilmen:
McCracken, Bartlett , Gibbs , Coen, Matney, Green, Shipley
NOES: Councilmen:
None
ABSENT: Councilmen:
None
Cit C er an officio Clerk
of the City Co ncil of the City
I. PAUL C. JONES, CITY CLERK of the City of + of Huntington Beach, California
Huntington Beach and ex-officio Clerk of the City
Council, do hereby certify that this ordinance has
been published in t Huntington Beach News on
- -- --------------------f--((........... 19.7..�.
I ccordance with the City Charter of said City.
r
�� 'r City Clerk
uty City Clerk