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HomeMy WebLinkAbout1585ORDINANCE NO. 1585 (2012 Series) AN URGENCY ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO 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 (Ca1PERS) for retirement benefits for its sworn Police Safety employees 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 is amending its contract with Ca1PERS to provide for the 2% @ 50 Retirement Formula and three year average final compensation for its sworn Police Safety employees hired after this contract amendment with Ca1PERS; and WHEREAS, the City is amending its contract with Ca1PERS to provide for the 2% @ 60 Retirement Formula and three year average final compensation for its Miscellaneous employees hired after this contract amendment with Ca1PERS; and WHEREAS, the City has reached agreement with all of its represented bargaining units and has entered into memoranda of agreement with those bargaining units pursuant to which the parties have agreed to implement the aforementioned retirement formulas; WHEREAS, during the negotiation process, Public Employees Pension Reform Act was passed by the Legislature and signed by the Governor to become effective January 1, 2013, which will eliminate the aforementioned bargained retirement formulas, and WHEREAS, the City will be unable to implement the bargained for retirement formulas and satisfy the requirements of its memoranda of agreements, unless this ordinance is adopted as an urgency measure to become effective prior to January 1, 2013; and WHEREAS, if the City is unable to implement the bargained for retirement formulas, it will be substantially detrimental to the long -term financial welfare of the City; and WHEREAS, in order for the City to amend its contract with Ca1PERS to provide the bargained formulas, 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. 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 0 1585 Ordinance No. 1585 (2012 Series) Page 2 is hereby authorized, a copy of said amendment being attached hereto, marked "Exhibit ", 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 the City, to be effective the first full pay period following adoption of this ordinance, beginning December 6, 2012. SECTION 3. This ordinance is an urgency ordinance and shall take effect immediately upon adoption. The City Council hereby declares that the need for the adoption of this ordinance as an urgency measure is to preserve the public peace, health or safety. If this ordinance is not adopted as an urgency measure, the City would not be able to comply with negotiated employee contracts for the "Miscellaneous" and "Police Safety" employee groups, which require amendment to the retirement benefits prior to December 31, 2012. Breach of terms of negotiated agreements undermines labor stability and, in this case, would adversely impact the City's ability to achieve labor cost reductions deemed necessary by this Council to support the City's long term fiscal sustainability. SECTION 4. 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 Tribune, a newspaper published and circulated in this City. This urgency ordinance shall go into effect immediately upon its final passage. INTRODUCED at a regular meeting of the City Council held on this 7th day of November, 2012, AND FINALLY ADOPTED by the Council of the City of San Luis Obispo on the 4th day of December 2012, on the following vote: AYES NOES: ABSENT: Council Members Ashbaugh, Carpenter and Carter, and Mayor Marx None None ATTEST: Maeve KeQedy Grings City Clerk APP TO RM: nntI J. istine Dietrick City Attorney Vice Mayor Smith CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer, Services Branch Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (888) CalPERS (225-7377) I hereby certify that the CERTIFICATION OF FINAL ACTION OF GOVERNING BODY City Council (governing body) CitV of San Luis nhisnn of the (public agency) - -- considered and adopted on December 4 2012 , by an affirmative (date) vote of a majority of the members of said Governing Body, Ordinance / Rjusaki lan No. 1585 (2 012 ) approving the attached contractual agreement between the Governing Body of said Agency and the Board of Administration of the California Public Employees' Retirement System, a certified copy of said Ordinance / Resolution in the form furnished by said Board of Administration being attached hereto. Adoption of the retirement benefit increase/change was not placed on the consent calendar. Maeve Kennedy Grimes City Clerk Title Date December 6, 2012 PERS-CON-5 (Rev. 6/09) city of SAn Luis OBISW MINIM,; CERTIFICATION I, Maeve Kennedy Grimes, City Clerk, do hereby certify that the foregoing is a true and correct copy of Ordinance No. 1585 (2012 Series), adopted by the San Luis Obispo City Council on December 4, 2012. WITNESS MY HAND AND THE SEAL OF THE CITY OF SAN LUIS OBISPO. DATED: December 6. 2012 -4�a- L Mae a KennJGrime City Clerk The City of San Luis Obispo is committed to include the disabled in all of its services, programs and activities. Telecommunications Device for the Deaf (805) 781-7410. CaIF'GRS California Public Employees' Retirement System AMENDMENT TO CONTRACT Between the Board of Administration California Public Employees' Retirement System and the City Council City of San Luis Obispo 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 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, July 1, 1983, July 1, 1986, July 23, 1987, November 16, 1989, August 8, 1993, November 5, 1999, January 7, 2000, July 6, 2000, September 21, 2001 March 28, 2002, July 18, 2002, January 30, 2003, February 27, 2003, July 14, 2005, December 29, 2005 and August 30, 2012 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 15 are hereby stricken from said contract as executed effective August 30, 2012, and hereby replaced by the following paragraphs numbered 1 through 17 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 entering membership in the miscellaneous classification on or prior to the effective date of this amendment to contract and age 60 for local miscellaneous members entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract; age 50 for local police members and for those local fire members entering membership in the fire classification on or prior to August 30, 2012 and age 55 for local fire members entering membership for the first time in the fire classification after August 30, 2012. 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. Public Agency agrees to indemnify, defend and hold harmless the California Public Employees' Retirement System (CaIPERS) and its trustees, agents and employees, the CaIPERS Board of Administration, and the California Public Employees' Retirement Fund from any claims, demands, actions, losses, liabilities, damages, judgments, expenses and costs, including but not limited to interest, penalties and attorneys fees that may arise as a result of any of the following: (a) Public Agency's election to provide retirement benefits, provisions or formulas under this Contract that are different than the retirement benefits, provisions or formulas provided under the Public Agency's prior non - CaIPERS retirement program. (b) Public Agency's election to amend this Contract to provide retirement benefits, provisions or formulas that are different than existing retirement benefits, provisions or formulas. (c) Public Agency's agreement with a third party other than CaIPERS to provide retirement benefits, provisions, or formulas that are different than the retirement benefits, provisions or formulas provided under this Contract and provided for under the California Public Employees' Retirement Law. (d) Public Agency's election to file for bankruptcy under Chapter 9 (commencing with section 901) of Title 11 of the United States Bankruptcy Code and /or Public Agency's election to reject this Contract with the CalPERS Board of Administration pursuant to section 365, of Title 11, of the United States Bankruptcy Code or any similar provision of law. (e) Public Agency's election to assign this Contract without the prior written consent of the CaIPERS' Board of Administration. (f) The termination of this Contract either voluntarily by request of Public Agency or involuntarily pursuant to the Public Employees' Retirement Law. (g) Changes sponsored by Public Agency in existing retirement benefits, provisions or formulas made as a result of amendments, additions or deletions to California statute or to the California Constitution. 4. 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). 5. 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. 6. The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member in employment before and not on or after January 30, 2003 shall be determined in accordance with Section 21354 of said Retirement Law (2% at age 55 Full). 7. The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member in employment on or after January 30, 2003 and not entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract shall be determined in accordance with Section 21354.5 of said Retirement Law (2.7% at age 55 Full). 8. The percentage of final compensation to be provided for each year of credited current service as a local miscellaneous member entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract shall be determined in accordance with Section 21354 of said Retirement Law (2% at age 60 Full). 9. The percentage of final compensation to be provided for each year of credited prior and current service as a local fire member entering membership in the fire classification on or prior to August 30, 2012 and for those local police members entering membership in the police classification on or prior to the effective date of this amendment to contract shall be determined in accordance with Section 21362.2 of said Retirement Law (3% at age 50 Full). 10. The percentage of final compensation to be provided for each year of credited current service as a local fire member entering membership for the first time in the fire classification after August 30, 2012 shall be determined in accordance with Section 21363.1 of said Retirement Law (3% at age 55 Full). 11. The percentage of final compensation to be provided for each year of credited current service as a local police member entering membership for the first time in the police classification after the effective date of this amendment to contract shall be determined in accordance with Section 21362 of said Retirement Law (2% at age 50 Full). 12. Public Agency elected and elects to be subject to the following optional provisions: a. Section 21573 (Third Level of 1959 Survivor Benefits) for local fire members only. b. Section 21574 (Fourth Level of 1959 Survivor Benefits) for local miscellaneous members and local police members only. C. Sections 21624, 21626 and 21628 (Post- Retirement Survivor Allowance) for local safety members only. d. Section 20965 (Credit for Unused Sick Leave). e. Section 20042 (One -Year Final Compensation) for local fire members entering membership on or prior to August 30, 2012 and for those local police members and local miscellaneous members entering membership on. or prior to the effective date of this amendment to contract. f. Section 20903 (Two Years Additional Service Credit) for local miscellaneous members only. g. Section 21024 (Military Service Credit as Public Service). h. Section 21548 (Pre- Retirement Option 2W Death Benefit). Section 20475 (Different Level of Benefits). Section 21363.1 (3% @ 55 Full formula) and Section 20037 (Three -Year Final Compensation) are applicable to local fire members entering membership for the first time in the fire classification after August 30, 2012. Section 21353 (2% @ 60 Full formula) and Section 20037 (Three - Year Final Compensation) are applicable to local miscellaneous members entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract. Section 21362 (2% @ 50 Full formula) and Section 20037 (Three - Year Final Compensation) are applicable to local police members entering membership for the first time in the police classification after the effective date of this amendment to contract. 13. Public Agency, in accordance with Government Code Section 20790, ceased to be an "employer" for purposes of Section 20834 effective on June 1, 1976. 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. 14. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior. and future service liability with respect to local miscellaenous members and local safety members of said Retirement System. 15. 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 fire 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 local miscellaneous members. C. A reasonable amount, as fixed by the Board, payable in one installment 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 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. 16. 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. 17. 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 SAN LUIS OBISPO BY KAREN DE FRANK, CHIEF CUSTOMER ACCOUNT SERVICES DIVISION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AMENDMENT CaIPERS ID #7574628515 PERS- CON -702A BY 716A" 7c, er PRE§ ING OFFICER Witness Date Attest: Clerk �J 14AF-VE ENNEDi �R WES ely CiE2<