HomeMy WebLinkAboutRES-10-6712 (PERS)RESOLUTION NO. 10-6712
RESOLUTION OF INTENTION
TO APPROVE AN AMENDMENT TO CONTRACT
BETWEEN THE
BOARD OF ADMINISTRATION
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
CITY OF HERMOSA BEACH
WHEREAS, the Public Employees' Retirement Law permits the participation of public
agencies and their employees in the Public Employees' Retirement System
by the execution of a contract, and sets forth the procedure by which said
public agencies may elect to subject themselves and their employees.to
amendments to said Law; and
WHEREAS, one of the steps in the procedures to amend this contract is the adoption by
the governing body of the public agency of a resolution giving notice of its
intention to approve an amendment to said contract, which resolution shall
contain a summary of the change proposed in said contract; and
WHEREAS, the following is a statement of the proposed change:
To provide Section 20475 (Different Level of Benefits).
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; and
Section 20475 (Different Level of Benefits). Section 21362
(2% @ 50 Full formula) and Section 20037 (Three -Year Final
Compensation) without Sections 21624, 21626 and 21628
(Post -Retirement Survivor Allowance) are applicable to local
safety members entering membership for the first time in the
safety classification after the effective date of this amendment
to contract-
3
NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency
does hereby give notice of intention to approve an amendment to the contract
between said public agency and the Board of Administration of the Public
Employees' Retirement System, a copy f said amendment being attached
hereto, as an "Exhibit" and by this refprenceade a1ya ereof.
7/27/2010
Date adopted and approved
(Amendment)
CON-302 (Rev. 4196)
By:y
Presiding
Mayor
Title
E
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date and
year first above written.
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Jenkins, City
ATTEST:
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Branch
Public Agency Contract Services
P.O. Box942709
Sacramento, CA 94229-2709
(888) CalPERS (225-7377)
CERTIFICATION OF GOVERNING BODY'S ACTION
I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the
City Council
(governing body)
City of Hermosa Beach
(public agency)
on 7/27/2010
(date)
PERS-CON-12 (rev. 1/96)
Clerk/Secretary
City Clerk
Title
of the
11
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)
CERTIFICATION OF COMPLIANCE WITH
GOVERNMENT CODE SECTION 7507
I hereby certify that in accordance with Section 7507 of the Government Code
the future annual costs as determined by the System Actuary for the increase
in retirement benefit(s) have been made public at a public meeting of the
City Council
(governing body)
City of Hermosa Beach
(public agency)
of the
on 7/27/2010 which is at least two weeks prior to the adoption of the
(date)
Resolution / Ordinance.
Date 7/27/2010
PERS-CON-12A (rev. 1196)
Clerk/Secretary j
City Clerk
Title
13
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Branch
Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229-2709
(888) CAPERS (225-7377)
CERTIFICATION OF COMPLIANCE WITH
GOVERNMENT CODE SECTION 20475
1 hereby certify that the
City council of the
(governing body)
City_ of Hermosa Beach
(public agency)
has fully discharged all of the obligation imposed by Chapter 10 (commencing with
Section 3500) of Division 4 of Title 1, Government Code.
Witness
Date
PERS-CON-30 (Rev. 1196)
Title
12
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.10-6712 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 July 27, 2010.
The vote was as follows
AYES:
Bobko, Duclos, Fislunan, Tucker, Mayor DiVirgilio
NOES:
None
ABSTAIN:
None
ABSENT:
None
Dated: July 27, 2010
Elaine Doerfling, City Clerk