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HomeMy WebLinkAboutR-8123 Electing to be Subject to Public Employees' Medical and Hospital Care Act Fixing the Employer's Contribution for Employees and The Employer's Contribution for Annuitants at Different Amount and Rescinding Resolution No. 8104 (1993 Series)RESOLUTION NO. 8123 (1993 SERIES) RESOLUTION ELECTING TO BE SUBJECT TO PUBLIC EMPLOYEES' MEDICAL AND HOSPITAL CARE ACT FIXING THE EMPLOYER'S CONTRIBUTION FOR EMPLOYEES AND THE EMPLOYER'S CONTRIBUTION FOR ANNUITANTS AT DIFFERENT AMOUNT AND RESCINDING RESOLUTION NO. 8104 (1993 SERIES) WHEREAS, Government Code Section 22850 provides the benefits of the Public Employees' Medical and Hospital Care Act to employees of local agencies contracting with the Public Employees' Retirement System on proper application by a local agency; and WHEREAS, Government Code Section 22857 provides that a contracting agency may fix the amount of the employer's contribution for employees and the employer's contribution for annuitants at different amounts provided that the monthly contribution for annuitants shall be annually increased by an amount not less than five percent of the monthly contribution for employees, until such time as the amounts are equal; and WHEREAS, The City of San Luis Obispo, hereinafter referred to as Public Agency, is a local agency contracting with the Public Employees' Retirement System; and WHEREAS, The Public Agency desires to obtain for its employees and annuitants the benefit of the Act and to accept the liabilities and obligations of an employer under the Act and Regulations. NOW, THEREFORE, BE IT RESOLVED, that: (a) the Public Agency elects, and it does hereby elect, to be subject to the provisions of the Act; and be it further, (b) the employer's contribution for each employee shall be the amount necessary to pay R-8I23 Resolution No. 8123 (1993 Series) Page 2 the full cost of his /her enrollment, including the enrollment of his/her family members in a health benefits plan up to a maximum of $16.00 per month; and be it further, (c) the employer's contribution for each annuitant shall be the amount necessary to pay the cost of his /her enrollment, including the enrollment of his /her family members, in a health benefits plan up to a maximum of $1.00 per month; and be it further, (d) the employer's contribution for each annuitant shall be increased annually by five percent of the monthly contribution for employees, until such time as the contributions are equal and that the contributions for employees and annuitants shall be in addition to those amounts contributed by the Public Agency for administrative fees and to the Contingency Reserve Fund; and be it further, (e) the City Council appoint and direct, and does hereby appoint and direct, the City Administrative Officer to file with the Board of Administration of the Public Employees' Retirement System a verified copy of this Resolution, and to perform on behalf of said Public Agency all functions required of it under the Act and Regulations of the Board of Administration; and be it further resolved, (f) that coverage under the Act be effective on March 1, 1993. Resolution No. 8104 is hereby rescinded. On motion of Council Member Settle , seconded by Council Member Romero, and on the following roll call vote: AYES: Council Members Settle, Romero, Roalman, and Mayor Pinard NOES: None ABSENT: Council Member Rappa the foregoing Resolution was passed and adopted this 16th day of February, 1993. ih Resolution No. 8123 (1993 Series) Page 3 , City Clerk i, Assistant City Clerk APPROVED: City Administrative Of cer A 0 c�j 44"") ti At n Fin ce Director Personnel Director ��. ;�,� MUM V,- . U-r." w