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HomeMy WebLinkAboutCity Council - 1444A RESOLUTION NO. 1444-A A RESOLUTION OF THE CITY OF HUNTINGTON BEACH TO APPROVE AN A=DMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE STATE EMPLOYEES$ RETIRE MT SYSTEM AND THE CITY OF HUNTINGTON BEACH. WHEREAS9 the State Employees' Retirement Law permits the participation of public agencies and their employees in the State Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendments to said law; and WHEREAS, one step in said procedure 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 changes proposed in said contract; and WHEREAS, a summary of the proposed changes is attached.- NOW, THKZEFORE, BE IT RESOLVED, That the CITY COUNCIL of the CITY OF HUNTINGTON BEACH gives, and it does hereby give notice of intention to approve an amendment to contract between said CITY COUNCIL and the Board of Administration of the State Employees' Retirement System, a copy of the summary of the major changes in the proposed plan and a copy of said amend- ment being attached hereto, marked "Exhibits A and B" re- spectively, and by this referanoe made a part hereof. CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH r t BY Name Mayor (Title) 12- -60 Date adopted and approved Reso. No. 1444-A PASSED AND ADOPTED by the City Council of the City of Huntington Beach, California, at a regular meeting thereof held on the 5th day of December 1960. Mayor ATTEST: City rk Resoo No. 1444-A STATE OF CALIFORNIA County of Orange ss City of Huntington Beach ) 19 PAUL C. JONES, the duly electedp qualified and acting City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number, of members of the City Council of the City of Huntington Beach is five; that the foregoing resolution was passed and adopted by the affirmative vote of more than a majority of all the members of said city Council at a regular meeting thereof held on the 5th day of December _, 1960. AYESs Councilmen: Wells, Lambert, Stewart, Waite, Gisler NOES: Councilmen: None ABSENT: Councilmen: None C�a z a aer� City 'Clerk and OAtficio Clerk of the City Co cif of the City of Huntington Beach, California "EXHIBIT All SUnKARX OF THE MAJOR CHANGES IN THE PROPOSED PLAN Lifeguards employed on ocean beaches who heretofore have been classified as miscellaneous members of the State Employees' Retirement System shall be reclassified as local safety members as provided in Section 20019.3 with the following changes in their benefits and contribution rates: 1. Eligibility for normal service retirement shall occur at age 55 (instead of 60) provided at least 20 years of ser- vice has been rendered. Service retirement shall be com- pulso3:3r at age 65 (instead of 70). 2. Service retirement allowances upon retirement at 55 or the later completion of twenty continuous years of service shall be equal to one-half of final compensation. 3. An industrial disability allowance equal to one-half of - final compensation shall be paid to any such lifeguard on ocean beaches who retires on account of disability arising out of and in the course of employment. fit. An industrial death allowance equal to one-half of final compensation shall be paid to the widow or children of any such lifeguard whose death arises out of an in the course of employment. 5. Contribution rates of such lifeguard shall be increased to the rates generally applicable to local safety members under the State Employeest Retirement System. Such contri- butions currently range from a maximum of 10.46% at entry age of 54 with no prior service to 6.09% of salary at en- try age of 20 with no prior service. xILt s{ f+p 8 lhd t M. 9: N; k + +y. x n - -a. t• 3 T. ' y l } M k �p l' K i w� a yrh fi* � P d. ?a c fi # Y g r py A k �} ZIAM sr x4' •A±. :gs. 40 b h^ h 3' !e