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HomeMy WebLinkAboutCity Council - 2012-96 RESOLUTION NO 2012- 96 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH, SETTING FORTH TERMS AND CONDITIONS OF CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM (CalPERS) BENEFITS IN COMPLIANCE WITH REQUIREMENTS OF THE PUBLIC EMPLOYEES' PENSION REFORM ACT (PEPRA)FOR NEW NON-ASSOCIATED EMPLOYEES WHEREAS, the State Legislature passed and the Governor of California signed Assembly Bill 340, the Public Employees' Pension Reform Act of 2013 (PEPRA), which makes a number of changes to the Public Employees' Retirement Law, and WHEREAS, PEPRA requires a public retirement system to modify its retirement plan to comply with PEPRA, and WHEREAS, the California Public Employees Retirement System (Ca1PERS) is a public retirement system subject to PEPRA's provisions, and WHEREAS, the City has contracted with Ca1PERS to provide retirement benefits for its employees, and WHEREAS, PEPRA mandates that with respect to new members, as defined by statute, who are lured on or after January 1, 2013, that Ca1PERS establish new retirement formulas and a single methodology for determining the amount of a new member's retirement for its contracting agencies (PEPRA Mandates), and WHEREAS, the retirement formulas and methodology for calculating retirement compensation which is set forth in City resolutions and memoranda of understanding (MOUs) setting forth the terms and conditions of employment for City employees are different than the PEPRA Mandates, and WHEREAS, PEPRA provides that the PEPRA Mandates supersede the resolutions and MOUs with respect to new members and thus, the City has no discretion as to whether to implement the PEPRA Mandates for new members (as defined by statute) hired on or after January 1, 2013, and WHEREAS, pursuant to state law, the City Council establishes the compensation, including retirement benefits, for its employees by ordinance or resolution; and WHEREAS, the City Council of the City of Huntington Beach desires to modify salary and benefits for non-represented employees upon adoption of this resolution, Resolution No. 2012-96 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1 Pursuant to the Public Employees' Pension Reform Act of 2013 (PEPRA) and notwithstanding any provision of any other City Council resolution or memorandum of understanding between the City and unrepresented employees, any new member employee, as defined by PEPRA, who is hired on or after January 1,2013, shall be subject to the following retirement benefits For Non-safety Employees Government Code section 7522 20(2% @ 62 retirement formula) Government Code section 7522 32 (final compensation rate used to calculate pension benefit is average of member's highest annual pensionable compensation over a consecutive 36 month period) For Safety Employees Government Code section 7522 25 (2%@ 50 retirement formula,maximum benefit of 2 7%@ 57) Government Code section 7522 32 (final compensation rate used to calculate pension benefit is average of member's highest annual pensionable compensation over a consecutive 36 month period) SECTION 2 Except as modified herein existing benefits shall remain in effect SECTION 3 Any resolution in conflict herewith,whether by minute action or resolution of the City Council heretofore approved, is hereby repealed PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 17th day of December,2012 e4XWeWay REVIE D ND APPROVED APPROVED AS TO FORM- i C► ' ' ger 42:ty_A4tt#ffey INITIATE AN P VED ctor of uman Resources Res. No. 2012-96 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L FLYNN 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 an Regular meeting thereof held on December 17, 2012 by the following vote AYES: Sullivan, Hardy, Harper, Boardman ,Carchio, Shaw, Katapodis NOES: None ABSENT: None ABSTAIN: None Ci Clerk and ex-office Jerk of the City Council of the City of Huntington Beach, California