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HomeMy WebLinkAboutO-1680 authorizing an amendment to the Contract between the City of SLO and the Board of Administration for CalPERSO 1680 ORDINANCE NO. 1680 (2020 SERIES) AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM WHEREAS, the City of San Luis Obispo has contracted with the California Public Employees’ Retirement System (CalPERS) for retirement benefits for its sworn Police Safet y, sworn Fire Safety and Miscellaneous employees since July 1, 1952; and WHEREAS, over the years, the City has amended its retirement benefit structure to reflect changes as negotiated during the meet-and-confer process with each bargaining group; and WHEREAS, the City acted to ensure the retirement pension system is sustainable and amended the retirement contract to provide reduced benefit second tier retirement formulas for all employee groups; and WHEREAS, City employees committed to ensure their retirement pension system is sustainable by paying their full member contributions as established in the Public Employee Retirement Law; and WHEREAS, City Council approved Resolution 10919 ratifying the memorandum of agreement between the City and the San Luis Obispo Firefighters Local 3523 and authorized an increase to the employee contribution to CalPERS as allowed in Government Code section 20516 to contribute an additional one and one-half percent (1.5%) toward their retirement costs; and WHEREAS, City Council approved Resolution 10920 regarding compensation and benefits for appointed officials, department heads, and management employees and authorized an increase to the employee contribution to CalPERS, as allowed in Government Code section 20516, to contribute an additional one and one-half percent (1.5%) toward their retirement costs; and WHEREAS, City Council approved Resolution 10953 regarding compensation and benefits for unrepresented confidential employees and authorized an increase to the employee contribution to CalPERS as allowed in Government Code section 20516 to contribute an additional one and one-half percent (1.5%) toward their retirement costs; and WHEREAS, the increased employee contribution for these employee groups would be effective the first full pay period of July 2020; and WHEREAS, the City is amending its contract with CalPERS to provide that, pursuant to Government Code Section 20471, there must be at least a 20-day period between the adoption of the Resolution of Intention and the adoption of the final Ordinance. Ordinance No. 1680 (2020 Series) Page 2 O 1680 NOW, THEREFORE, BE IT ORDAINED by the Council of the City of San Luis Obispo as follows: SECTION 1. That an amendment to the contract between the City Council of the City of San Luis Obispo 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 San Luis Obispo is hereby authorized, empowered, and directed to execute said amendment for and on behalf of said Agency. SECTION 3. This ordinance shall take effect 30 days after the date of adoption, a summary of this ordinance, together with the names of Council members voting for and against, shall be published at least five (5) days prior to its final passage, in The New Times, a newspaper published and circulated in this City. INTRODUCED on the 3rd day of March 2020, AND FINALLY ADOPTED by the Council of the City of San Luis Obispo on the 5th day of May 2020, on the following vote: AYES: Council Member Christianson, Pease, Stewart, Vice Mayor Gomez and Mayor Harmon NOES: None ABSENT: None ____________________________________ Mayor Heidi Harmon ATTEST: ____________________________________ Teresa Purrington, City Clerk APPROVED AS TO FORM: _____________________________________ J. Christine Dietrick, City Attorney IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, on _______________________. ______________________________ Teresa Purrington, City Clerk