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HomeMy WebLinkAboutCity Council - 2001-46 RESOLUTION NO. 2001-46 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH: (A)STATING THE CITY COUNCIL'S INTENTION TO APPROVE AN AMENDMENT TO THE EXISTING CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH; AND (B)PROVIDING NOTICE THAT ON SEPTEMBER 4, 2001, THE CITY COUNCIL WILL CONSIDER ADOPTION OF ORDINANCE NO. 3501 , APPROVING SAID CONTRACT AMENDMENT; THE SUBJECT MATTER BEING THE PROVISION OF THE 3% AT 50 BENEFIT AND THE FOURTH LEVEL OF 1959 SURVIVOR BENEFITS TO LOCAL POLICE SAFETY MEMBERS AND OCEAN LIFEGUARDS 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 procedure by which said public agencies may elect to subject themselves and their employees to amendments to said Law; and WHEREAS, the City Council of the City of Huntington Beach, effective October 1, 1945, entered into such a contract with the Board of Administration, California Public Employees' Retirement System ("CALPERS"); which contract has been amended a number of times since October 1, 1945; and WHEREAS, one of the steps in the procedure to amend the existing City Council of the City of Huntington Beach/CALPERS contract is by the City Council's adoption of a resolution giving notice of the City Council's 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 Government Code Section 21362.2 (3% at 50 Full Formula) and Government Cade Section 21574 (Fourth Level of 1959 Survivor Benefits) for local police safety members and ocean lifeguards. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Huntington Beach, as follows: Section 1. The City of Huntington Beach hereby gives notice that on September 4, 2001, the City Council will consider adoption of Ordinance No. 3501 ; which ordinance will approve an amendment to the existing contract between the City Council of the City of Huntington Beach and CALPERS, concerning the above-described retirement benefits to local police safety members and ocean lifeguards. dw—2001 Ord/PERS Amdmt to K RLS 2001-0470 Res. No. 2001-46 Section 2. A copy of the proposed amendment to the City Council of the City of Huntington Beach/CALPERS contract is attached hereto as Exhibit"A," and incorporated herein by reference. Section 3. A copy of the proposed contract amendment is also attached as an exhibit to Ordinance No. 3501 PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 6th day of August 2001. N4M 4 Mayor ATTEST: APPROVED AS TO FORM: 2- City Clerk 08-1 -0 Y°"City Attorney 1 ')- REVIEWED AND APPROVED: INIT D AND APP VE : � City Ad nistratora irector of Administrative Services rjw-2001 Ord/.PERS Amdmt to K RLS 2001-0470 Res. No. 2001-46 IB EXH IT A SF-200i Ord:PERS 7/25rOl RLS 200 1-0470 `-' Res. No. 2001-46 PERS California Public Employees' Retirement System AMENDMENT T"'N CONTRACT Between the Board of Administration California Public Employees' Retirement System and the City Council City of Huntington. Beach The Board of Administration, California public Employees' Retirement System, hereinafter referred to as Board, and the governing body of the above public agency, hereinafter referred to as Public Agency, having entered into a contract effective October 1, 1945, and witnessed October 27, 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, September 17, 1977, September 30, 1978, June 6, 1981, March 18, 1982, February 24, 1983, December 4, 1986, March 18, 1988, November 4, 1999, April 20, 2000 and .tune 30, 2001 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows. A_ Paragraphs 1 through 13 are hereby stricken from said contract as executed effective June 30, 2001, and hereby replaced by the following paragraphs numbered 1 through 12 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 55 for local miscellaneous members and age 50 for local safety members. 07/18/2001 09: 48 9163412330 CALPERS PAGE 07 Res. No. 2001--46 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 those, which by express provisions thereof, apply only on the election of a contracting . agency. 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 Fire Fighters (herein referred to as local safety members); b. Local PolicEt:Officers (herein referred to as local safety members); 1. Local Police Officers shall include individuals defined by Section 20020 of the Government code prior to its amendment at the 1975-76 Regular Legislative Session, effective January 1, 1976, employed by Public Agency prior to such amendment. c. Ocean Beach Lifeguards (included as local safety members), d. Employees other than local safety members (herein referred to as local miscellaneous members). 4. 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: a. CROSSING GUARDS, EMPLOYEES IN STUDENT DESIGNATED POSITIONS AND SENIOR OUTREACH ASSISTANTS HIRED ON AND AFTER MARCH 18, 1952; AND b. RESERVE FIRE FIGHTERS HIRED ON AND AFTER DECEMBER 4, '1936. 5. The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member shall be determined in accordance with Section 21354 of said Retirement Law (2% at age 55 Full)_ 07/18/2001 09:48 9163412330 CALPERS PAGE 08 Res. No. 2001-46 6. The percentage of finial compensation to be provided for each year of credited prior and current service as a local safety member shall be determined in accordance with Section 21362.2 of said Retirement Law (3% at age 50 Pull). The -required .member contribution rate is 9% of reportable compensation. 7. Public Agency elected and elects to be subject to the following optional provisions: a. Section 21571 (Basic Level of 1959 Survivor Benefits) for local fire members only. b. Section 20421 ("Local Safety Member' shall include ocean beach lifeguards of a city as described in Government Code Section 20421). C. Sections 21624, 21626 and 21628 (Post-Retirement Survivor Allowance) for local fire members only. d. Section 20020.1 ("Local Police Officer' shall include employees of a police department who were employed to perform identification or communication duties on August 4, 1972 and who elected to be local safety members within six months of April 18, 1975). Legislation repealed said Section effective January 1, 1985. e. Section 21024 (Military Service Credit as Public Service), Statutes of 1974. f. Section 20042 (One-Year Final Compensation). g. Section 20903 (Two Years Additional Service Credit). h. Section 21037 (Cancellation of Payment for Optional Service Credit Upon Retirement for Industrial Disability) for local safety members only. L Section 21573 (Third Level of 1959 Survivor Benefits) for local miscellaneous members only. j. Section 21574 (Fourth Level of 1959 Survivor Benefits) for local police members and ocean beach lifeguards only. 07/18/2001 09:48 91 341233e CALPE25 PAGE 09 Res. No. 2001-46 8. Public Agency, in accordance with Government Code Section 20790, ceased to be an "employer' for purposes of Section 20834 effective on April 18, 1975. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20834, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20834. 9_ Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior and future service liability with respect to local miscellaneous members and local safety members of said Retirement System. 10. Public Agency shall also contribute to said Retirement System as follows: a. Contributions required per covered member on account of the 1959 Survivor Benefits provided under Section 21573 of said Retirement Law. (Subject to annual change.) In addition, all assets and liabilities of Public Agency and its employees shall be pooled in a single account, based on term insurance rates, for survivors of all local miscellaneous members. b_ Contributions required per covered member on account of the 1959 Survivor Benefits provided under Section 21574 of said Retirement Law. (Subject to annual change.) In addition, all assets and liabilities of Public Agency and its employees shall be pooled in a single account, based on term insurance rates, for survivors of all local police members and ocean beach lifeguards. C. A reasonable amount, as fixed by the Board, payable in one installment within BO days of date of contract 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 periodic 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 periodic investigation and valuations required by law. 11, 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 periodic investigation and valuation required by said Retirement Law_ 07/18/2001 09:48 9163412330 CALPERS PAGE 10 Res. No. 2001-46 12. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System within fifteen 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. Adjustments on account of errors in contributions required of any employee may be made by direct payments between the employee and the Board. B. This amendment shall be effective on the day of , BOARD OF ADMINISTRATION CITY COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF HUNTINGTON BEACH BY BY KENNETH W. MARZION, CHIEF PRESIDING OFFICER ACTUARIAL & EMPLOYER SERVICES DIVISION PUBLIC EMPLOYEES' RETIREMENT SYSTEM Witness Date Attest: Clerk AMENDMENT PERS-CON-702A(Rev.8195) Res. No. 2001-46 STATE OF CALIFORNIA ) COUNTY OF ORANGE } ss: CITY OF HUNTINGTON BEACH ) I, CONNIE BROCKWAY, 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 at least a majority of all the members of said City Council at a regular meeting thereof held on the 6th day of August, 2001 by the following vote: AYES: Green, Boardman, Cook, Julien Houchen, Dettloff, Bauer NOES: None ABSENT: Garofalo (out of room) ABSTAIN: None City Clerk and ex-officio 61erk of the City Council of the City of Huntington Beach, California