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HomeMy WebLinkAboutCity Council - 4623 RESOLUTION NO. 4623 A RESOLUTION OF INTENTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES ' RETIRE- MENT SYSTEM AND THE CITY OF HUNTINGTON BEACH 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 the 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 One of the steps in the procedures to amend this contract is the adoption by the legislative body of the public agency of the Resolution giving notice of its intention to approve an amendment to said contract , which Resolution shall contain a summary of the change proposed to said contract; and The following is a statement of the proposed change : Section 21252 . 01 (Full 2% at age 50) for police and lifeguard members . NOW, THEREFORE, 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 the contract between the said City Council and the Board of Administration of the Public Employees ' Retirement System, a copy of said amendment being attached hereto as an exhibit , and by this reference made a part hereof. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 5th day of June, 1978. ATTEST: A {J City Clerk Mayor 6/5/78 1. L GH :ps APPROVED AS TO FORM: City Attorney REVIEWED AND APPROVED: INITIATED AND APPROVED: S�� a-7i�L ity Administrator Director of Per onnel and Labor Relations 2 . _EX -9-41T ONLY AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH The Board of Administration, Public Employees' Retirement System, herein- after referred to as "Board", and the governing body of above public agency, hereinafter referred to as "Public Agency", having entered into a contract under date of October 27, 1945, effective October 1, 1945, and as amended effective January 1, 1950, March 1, 1952, November 1, 1957, March 1, 1958, October .1 . 1961, January 1, 1971, January 12, 1974, April 18, 1975, February 21, 1976, August 7, 1976, and September 17, 1977, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 9 are hereby stricken from said contract as executed effective April 18, 1975, and hereby replaced by the following paragraphs number 1 through 10 inclusive: 1. All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 60 for miscellaneous members and age 50 for local safety members. 2. Public Agency shall participate in the Public Employees' Retirement System from and after October 1, 1945, making its employees as hereinafter provided, members of said System subject to all provisions of the Public Employees' Retirement Law except such as apply only on election of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except such as by express provisions thereof apply only on the election of contracting agencies. 3. Employees of Public Agency in the following classes shall become members of said Retirement System except such in each such class as are excluded by law or this agreement: a. Local Firemen (herein referred to as local safety members) ; b. Local Policemen (herein referred to as local safety members); c. Lifeguards on ocean beaches (included as local safety members) ; d. Employees other than local safety members (herein referred to as miscellaneous members). In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of said Retirement System: NO ADDITIONAL EXCLUSIONS CON-702-1 4. The fraction of final compensation to be provided for each year of credited prior and current service as a miscellaneous member shall be determined in accordance with Section 21251.13 of said Retirement Law (2% at age 60) . 5. The fraction of final compensation to be provided for each year of credited prior and current service as a safety member shall be determined in accordance with Section 21252.01 of said Retirement Law (22 at age 50) . 6. The following additional provisions of the Public Employees' Retirement Law which apply only upon election of a contracting agency shall apply to the Public Agency and its employees: a. Sections 21380-21388 (providing for allowances for survivors of members covered under the 1959 Survivor's Program upon the member's death before retirement). b. Section 20019.3 (providing for the inclusion of lifeguards on ocean beaches as local safety members) . c. Sections 21263 and 21263.1 (providing upon the death of a member who retired for service or disability for continuance of a post-retirement survivor allowance to certain survivors) for local safety fire members. d. "Local Policemen" shall include persons assigned to identification and communication duties in the Police Department who are not now local safety members and who were in such employment on August 4, 1972, who elect safety membership within sixty days of the effective date of this amendment. e. Section 20930.3 (allowing public service credit under the provisions of Chapter 1437, Stats. 1974, for up to four years of continuous military or merchant marine service). f. Section 20024.2 (defining "final compensation" on the basis of average compensation earnable during the year imaediately preceding retirement or any other one year period elected by the member) for local safety members. 7. Public Agency, in accordance with Section 20740, Government Code, ceased to be an "employer" for purposes of Chapter 6 of the Public Employees' Retirement Law effective on April 18, 1975. Accumulated contributions of Public Agency as of the aforementioned date shall be fixed and determined as provided in Section 20759, Government Code, and accumulated contributions as of the afore- mentioned date and contributions thereafter made shall be held by the Board as provided in Section 20759, Government Code. CON-702-2 8. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellaneous members, the agency shall contribute the following percentages of monthly salaries earned as miscellaneous members of said Retirement System: (1) 0.112 percent until June 30, 2000, on account of the liability for prior service benefits. (2) 8.382 percent on account of the liability for current service benefits. (3) 0.201 percent on account of the liability for the 1959 Survivor Program. b. With respect to local safety members, the agency shall contribute the following percentages of monthly salaries earned as local safety members of said Retirement System: (1) 0.006 percent until June 30, 2000, on account of the liability for prior service benefits. (2) 22.629 percent on account of the liability for current service benefits. c. A reasonable amount per annum, as fixed by the Board to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodical investigation and valuations required by law. d. A reasonable amount as fixed by the Board, payable in one installment as the occasions arise, to cover the costs of special valuations on account of employees of Public Agency, and costs of the periodical investigation and valuations required by law. 9. Contributions required of Public Agency and its employees shall be subject to adjustment by Board on account of amendments to the Public Employees' Retirement Law, and on account of the experience under the Retirement System as determined by the periodical investigation and valuation required by said Retirement Law. 10. 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 may 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 may be made by direct cash payments between 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. CON-702-3 i B. This amendment shall be attached to said contract and shall be effective an the dap of , 19 Witness our hands this dap of , 19 BOARD OF ADMINISTRATION CITY COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF THE CITY OF HUNTINGTON BEACH BY BY Carl J. Blechinger, Executive Officer Presiding Officer Approved as to form: • Legal Office, PERS Clerk w � CON-702--4 Res. No. 4623 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) 1, ALICIA M. WENTWORTH, the duly elected, qualified 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 seven; 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 June , 19 78 , by the following vote: AYES: Councilmen: Thomas, MacAllister, Bailey, Mandic, Siebert, Shenkman NOES: Councilmen None ABSENT: Councilmen: Pattinson 107 City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California I i