Loading...
HomeMy WebLinkAbout1063ORDINANCE NO. 1063 (1986 Series) AN ORDINANCE OF THE CITY OF SAN LUIS OBISPO APPROVING AN AMENDMENT TO THE CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO 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, together with the ayes and noes, shall be published once in full, at least three (3) days prior to its final passage, in the Telegram- Tribune, a newspaper published and circulated in said city, and the same shall go into effect at the expiration of thirty (30) days after its said passage. INTRODUCED AND PASSED TO PRINT by the Council of the City of San Luis Obispo at a meeting held on the 6th day of May, 1986, on motion Of Councilman Settle , seconded by Councilwoman Rappa , and on the following roll call vote: AYES: Councilmembers Settle, Rappa, Dovey, Griffin and Mayor DurLin NOES: None ABSENT: None ON DUNIN ATTE CIT CLERK PAMELA S * * * * * * * * * * 0 1063 Ordinance No. 1063 APPROVED: 1. - 04- , 4.004,�.. Ci y Administra ive -off i City Atto ey Finance bire or Personnel Director (1986 Series) ORDINANCE NO. 1063 (1986 Series) FINALLY PASSED this 27th day of May , 1986., on.motion of Councilman Settle seconded by Councilwoman Rappa , and on the following roll call vote: AYES: Councilmembers Settle, Rappa, Dovey, Griffin and Mayor Dunin NOES: None ABSENT: None "Mayor Ron Dunin. ATTEST: l� - Cit ..:Clerk.. Pamela- doges AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of above public agency, herein- - after referred to as Public Agency, having entered into a contract effective July 1, 1952, and witnessed June 9, 1952, and as amended effective October 1, 1962, October 3, 1963, October 1, 1974, June 1, 1976, December 1, 1976, December 20, 1978, January 16, 1980, May 1, 1980, July 1, 1980 and July 1, .1983, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 10 are hereby stricken from said contract as executed effective July 1, 1983, 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 60 for local miscellaneous members, age 55 for local police members, and age 50 for local fire members. . 2. Public Agency shall participate in the Public Employees' Retirement System from and after July 1, 1952 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 Police Officers (herein referred to as local safety members); C. Employees other than local safety members (herein referred to as local miscellaneous members). d 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. 5. The fraction 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 21251.13 of said Retirement Law (2% at age 60 Full). 6. The fraction of final compensation to be provided for each year of credited prior and current service for those local police members who did not elect within 90 days of January 1, 1983 to continue under the provisions of Section 21252.1 shall be determined in accordance with Section 21252.6 of said Retirement Law (2% at age 55 Full). 7. The fraction of final compensation to be provided for each year of credited prior and current service as a local fire member shall be determined in accordance with Section 21252.01 of said Retirement Law (2% at age 50 Full). 8. 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 — 21387 (1959 Survivor Program) excluding Section 21382.2 (Increased 1959 Survivor Benefits) and Section 21382.4 (Third Level of 1959 Survivor Benefits). b� Sections 21263, 21263.1 and 21263.3 (Post — Retirement Survivor Allowance), for local safety members only. c. Section 20862.8 (Unused Sick Leave Credit). d. Section 20024.2 (One —Year Final Compensation) for local miscel- laneous and local police members, and for those local fire members hired prior to the effective date of this amendment to contract. e. Section 20461.6 (Reduction of'Benefits), applied to Section 20024.2 for local fire members hired on or after the effective date of this amendment to contract. 9. Public Agency, in accordance with Government Code Section 20740, ceased to be an "employer" for purposes of Section 20759 effective on June 1, 1976. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20759, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20759. 10. Public Agency shall contribute to said Retirement System as follows: a. With respect to local miscellaneous members, the agency shall contribute the following percentages of salaries earned as members of said Retirement System: (1) 9.438 percent until June 30, 2000 on account of the lia- bility for current service benefits. (Subject to annual change.) (2) 0.095 percent until June 30, 2000 on account of the lia- bility for the 1959 Survivor Program. (Subject to annual change.) b. With respect to local safety members, the agency shall contribute the following percentages of salaries earned as members of said Retirement System: (1) 22.941 percent until June 30, 2000 on account of the lia- bility for current service benefits. (Subject to annual change.) C. A reasonable amount, as fixed by the Board, payable in one in- stallment within 60 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 in- stallment as the occasions arise, to cover the costs of special valuations on account of employees of Publ -ic Agency, and costs of the periodic investigation and valuations required by law. a 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. 12. 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. 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 19 f BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM BY SIDNEY C. McCAUSLAND, EXECUTIVE OFFICER day of CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO BY Presiding Officer Mayor Ron Dunin Approved as to form: Attest: Legal Office, Date City Cleffi< Pamela Voges Dat PERS -CON -702 (AMENDMENT) (Rev. 9/85) N Public Employees' Retirement System Field & Contracts Ser es Division Contracts Office, Section 900 P.O. Box 90109 Sacramento, CA 95309 -0109 CERTIFICATION OF FINAL ACTION OF GOVERNING BODY DATE: May 27, 1986 I hereby certify: That the City Council of (Governing Body) the City of San Luis Obispo adopted (Public Agency) on May 27, 1986 by an affirmative vote of a majority of the (Date) members of said Governing Body, Ordinance No. 1063 (Ordinance or Resolution) approving the attached contractual agreement between the Governing Body of said Agency and the Board of Administration of the Public Employees' Retirement System, a certified copy of said Ordinance 1063 in the form (Ordinance or Resolution) furnished by said Board of Administration being attached hereto. ( _, Clerk r Secretary Pa a oges City of San Luis Obispo Name of Agency PERS -CON -S C0614 (Rev. 10/85)