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HomeMy WebLinkAboutRES 15-6957 (CITY MANAGER'S PERS INCREASE)1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 99 RESOLUTION NO. 15-6957 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, RATIFYING THE INCREASE IN THE CITY MANAGER'S SALARY TO OFF -SET CONTRIBUTIONS TO THE PUBLIC EMPLOYEES RETIREMENT SYSTEM ON THE SAME BASIS AS OTHER EMPLOYEES THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, DOES HEREBY RESOLVE AND ORDER AS FOLLOWS: The City Manager's Employment Agreement provides for a base salary of $185,000. Prior to 2013, the City paid both the "employer portion" and the "employee portion" of every employee's PERS retirement contribution. On December 11, 2012, the City Council took action to require that City employees pay the 7% employee portion of the PERS contribution in return for a commensurate 7% increase in salary (the "PERS offset") to occur in three phases over a 1 `/z year period. As a result, the City Manager's salary has been increased in phases over that period by 7% to $198,252 to offset his obligation to pay his share of the PERS contribution. The above -described increase in the City Manager's salary is hereby ratified. This Resolution shall take effect immediately. The City Clerk shall certify to the passage and adoption of this Resolution; shall enter the same in the book of original Resolutions; and shall make a minute of the passage and adoption thereof in the records of the proceedings of the City Council meeting at which the same is passed and adopted. PASSED, APPROVED AND ADOPTED this 12th day of May, 2015. PRESIDENT of the City Council and MAYOR o ATTEST: City Clerk V Page 1 of 1 City of Hermosa Beach, California OVED AS T' ., FORM: ttorney 15-6957 STATE OF CALIFORNIA COUNTY OF LOS ANGELES CITY OF HERMOSA BEACH I, Elaine Doerfling, City Clerk of the City of Hermosa Beach, California, do hereby certify that the foregoing Resolution No. 15-6957 was duly and regularly passed, approved and adopted by the City Council of the City of Hermosa Beach at a Regular Meeting of said Council at the regular place thereof on May 12, 2015. The vote was as follows: AYES: Barragan, DiVirgilio, Fangary, Petty, Mayor Tucker NOES: None ABSTAIN: None ABSENT: None Dated May 12, 2015 r Elaine Doerfling, City Cler