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HomeMy WebLinkAboutRES-93-5591 (PERS/APPRV. AMEND)1 d.►✓ 2 3 4 5 6 7 8 9 10 11 12 13 14 \'■01 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Resolution No. 93-5591 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE 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 procedure to amend this contract is the adoption by the governing board 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 20930.3 (Military Service Credit) for local police members only. 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 the said governing body and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto, as an "Exhibit" and by this reference made a part hereof. BE IT FURTHER RESOLVED that the City Clerk shall certify to the passage and adoption of this resolution; shall cause the to be entered among the original resolutions of said City; and 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 28 shall make a minute of the passage and adoption in the records of the proceedings of the City Council of said City in the minutes of the meeting at which time same is passed and adopted. PASSED, APPROVED rinTED this 9th day of February 1993. PRESIDEPT/ f the City Council and MAYOR o he City of Hermosa Beach ATTEST: A City Clerk APPROVED AS TO FORM: - , Z' I /zoCity Attorney rab/pers \.r' STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) CITY OF HERMOSA BEACH ) I, Naoma Valdes, Deputy City Clerk of the City Council of the City of Hermosa Beach, California, do hereby certify that the foregoing Resolution No. 93-5591 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 meeting place thereof on February 09, 1993. The vote was as follows: AYES': Benz, Edgerton, Essertier, Midstokke, Mayor Wiemans NOES: None ABSTAIN: None ABSENT: None DATED: February 11, 1993 0 40-471tCL., ioL� Deputy City Clerk 11. elft� `v/ PUBLIC EMPLOYEES' RL'TIREMENT SYSTEM Contract Services Division Public Agency Contract Services P. O. Box 942709 Sacramento, CA 94229-2709 (916) 326-3420 (916) 326-3240 (TDD) 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 and/or the increase in retirement benefit(s) have been made public at a public meeting of the City Camcil (governing body) of the City of Heamsa Beach on February 9, 1993 (date) Resolution / Ordinance. Date February 11, 1993 PERS-CON-12A C0601 (Rev. 12/92) (public agency) which is at least two weeks prior to the adoption of the Clerk/Secretary City Clerk Title PUBLIC EMPLOYEES' TREMEM SYSTEM Contract Services Division Public Agency Contract Services ' P. O. Box 942709 Sacramento, CA 94229-2709 11"aw, (916) 326-3420 (916) 326-3240 (TDD) CERTIFICATION OF GOVERNING BODY'S ACTION I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the on ,%Ww, (da e) `.r' PERS-CON-12 C0600 (Rev. 12/92) City Oauncil (governing body) City of Hermosa Beach (public agency) Clerk/Secretary City Clerk Title of the AMENDMENT TO CONTRACT �r BETWIZEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of above public agency, hereinafter referred to as Public Agency, having entered into a contract effective July 1, 1952, and witnessed June 24, 1952, and as amended effective December 1, 1956, August 1, 1962, October 1, 1964, June 1, 1979, April 1, 1980, October 1, 1981, February 1, 1983 and January 1, 1986, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 11 are hereby stricken from said contract as executed effective January 1, 1986, 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. \ftv� "Normal retirement age" shall mean age 60 for local miscellaneous members and age 50 for local safety 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). 4. In addition to the classes of employees excluded from membership by said Retirement \ftvpl Law, the following classes of employees shall not become members of said Retirement System: a. SCHOOL CROSSING GUARDS HIRED ON OR AFTER DECEMBER 1, 1956; AND b. PERSONS COMPENSATED ON AN HOURLY BASIS EMPLOYED ON OR AFTER OCTOBER 1, 1964. 5. The percentage 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 percentage of final compensation to be provided for each year of credited prior and current service as a local safety member shall be determined in accordance with Section 21252.01 of said Retirement Law (2% at age 50 Full). 7. Public Agency elected to be subject to the following optional provisions: a. Sections 21380-21387 (1959 Survivor Benefits) 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 Iftop, local safety members only. C. Section 20930.3 (Military Service Credit as Public Service), Statutes of 1976, for local miscellaneous members and local police members only. d. Section 20024.2 (One -Year Final Compensation). 8. Public Agency, in accordance with Government Code Section 20740, ceased to be an "employer" for purposes of Section 20759 effective on April 1, 1980. Accumulated contributions of Ppblic 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. 9. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior and future service liability with respect to local miscellaneous members and local safety members of said Retirement System. 10. Public Agency shall also contribute to said Retirement System as follows: a. 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. b. 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. 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 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 14 day of April ,p 19 93 BOARD OF ADMINISTRATION CITY COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF THE CITY OF HERMOSA BEACH BY BY C1(2L, CHIEF, CONTRACT SERVICES DIVISION Presid g Officer PUBLIC EMPLOYEES' RETIREMENT SYSTEM 17�- C-- c. ?z / 9 9,3 Witness Date If Attest: 0 J at R- �01, U14 71 PERS-CON-702 (AMENDMENT) (Rev. 10/92) ' I7 PM (q ;op.ww mjQ3 a* m (Z6rzt *AV tt9o:) S -HOD -Sam E ana -030raq poq= Smaq oonzusmwpd 3o pmog (oopniosag Jo aaaempJO) WDUPUTpio pses 30 Adoa pay.= a `aaawAS raman=ag .swXotdm3 ailgad aql 3o uo=sraitapd 3o pnog aq= pue Aoua2v ptes jo Apog SumnAoO aqi uaa&4aq iaaraai8e pnv=w pagaeue stp SmAoadde £Sol-E6oN (ooPa{o=w2ouempiO) ,,.ft� ZoNVNlardo (Ovp) `Apog SaumAoE) p!n 3o sragmam sip jo Auofew a ,Io sioA antlemnf ue Aq ` C661 46 40juR (baa8e oilgnd) uo poldope (Apoq SUPWAoS) aq1 jo 'IIDNfloD IIID AQOS )NINIMOJ AO NtOLOV 7VNI3 30 NOLLVX LLV33 aq) XT 4W22 Agaraq I (aaD OKE -9Z£ (916) OZti£-9Z£ (916) 60LZ-6ZD6 V, `OMOMMMS 60LD6 YDH 'O 'd srainMS moo, buo!r *Ilqnd oocstwla sa,tAAS Mo, f1i'3.ISAS .LtOPO ILM sS33A( IJM :)rIIV Ud 1 2 \%00/ 3 4 5 6 7 8 9 14 11 12 13 14 d.►� 15 16 17 18 19 20 zi 22 23 24 25 26 27 28 ORDINANCE NO. 93 - 1083 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM. THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH DOES ORDAIN AS FOLLOWS: Section 1. That an amendment to the contract between the City Council of the City of Hermosa Beach and the Board of Administration, California Public Employees' Retirement System 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 President of the City Council and Mayor of the City of Hermosa Beach is hereby authorized, empowered, and directed to execute said amendment for and on behalf of said Agency. Section 3. This Ordinance shall take effect thirty (30) days of its adoption, and prior to the expiration of fifteen (15) days from the passage thereof shall be published at least once in the Easy Reader, a newspaper of general circulation, published and circulated in the City of Hermosa Beach and thenceforth and thereafter the same shall be in full force and effect. PASSED, APPROVED and ADOPTED this 9th day of March, 1 PRESIDENT df the City Council and MAYOR of thy'"City of Hermosa Beach, California ATTEST: .�.� City Clerk APPROVED AS TO FORM: -AM ddIC City Attorney & ACity0 rtllOSa eaC ► L Civic Center, 1315 Valley Drive, Hermosa Beach. California 90254.3885 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 Ordinance No. 93-1083 was duly and regularly passed, approved, and adopted by the City Council of the City of Hermosa Beach at a regular meeting held at the regular meeting place thereof on the 9th day of March, 1993. The vote was as follows: AYES: Benz, Edgerton, Essertier, Midstokke, Mayor Wiemans NOES: None ABSENT: None ABSTAIN: None DATED: March 11, 1993 Elaine Doerfling, ity Clerk