HomeMy WebLinkAboutReso 4746-1967RESOLUTION NO. 4746
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT
TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF
THE STATE EMPLOYEES' RETIREMENT SYSTEM AND THE CITY
COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO.
WHEREAS, the State Employees' Retirement Law permits the
participation of public agencies and their employees in the
State 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 required in the procedure is
the adoption by the legislative body of the public agency of
a resolution giving notice of its intention to approve an amend-
ment to said contract, which resolution shall contain a summary
of the changes proposed in said contract; and
WHEREAS, the following is a summary of the proposed changes:
1. A monthly allowance shall be paid to certain survivors
of Group A and safety members who die before retire-
ment.
2. A monthly allowance shall be payable in lieu of the
basic death benefit to survivors of a member who dies
in employment after qualifying for voluntary service
retirement.
3. Provides for age 50 (instead of 55) as the minimum
voluntary service retirement age for local safety
members with benefit payments commencing prior to
age 55 subject to actuarial discount.
NOW, THEREFORE, BE IT RESOLVED that the City Council of
the City of South San Francisco gives, and it does hereby give
notice of intention to approve an amendment to contract between
said City Council and the Board of Administration of the State
Employees' Retirement System, a copy of said amendment being
attached hereto, marked "Exhibits A and B" and by this reference
made a part hereof.
I hereby certify that the foregoing Resolution was
regularly introduced and adopted by the City Council of the
City of South San Francisco at a regular
meeting held on the 2nd day of October , 196%
by the following vote:
AYES, COUNCILMEN
Patrick E. Ahern, Frank J. Bertucelli, Emilio
Cortesi, Andrew Rocca. and Guido J. Rozzi.
NOES, " None.
ABSENT, " None.'
ATTEST :~ ~
City
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EXHIBIT A
AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRA-
TION, STATE EMPLOYEES' RETIREMENT SYSTEM, AND THE CITY
COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO
The Board of Administration, State Employees' Retirement
System, hereinafter referred to as Board, and the City Council
of the City of South San Francisco, hereinafter referred to as
Public Agency, having entered into a contract under date of
September 12, 1945, effective September 1, 1945, and as amended
effective September 1, 1949, December 1, 1953, January 1, 1960,
January 1, 1963, and February 1, 1967, which provides for par-
ticipation of Public Agency in said System, Board and Public
Agency hereby agree as follows:
A. The following paragraphs shall be added to said Contract:
5(c)(11) Section 21365.5 (providing a monthly allowance in
and lieu of the basic death benefit for certain sur-
6(g)(9) vivors of a member who dies in employment after
qualifying for voluntary service retirement).
5(c)(12) Section 21380-7 (providing for allowances for
survivors of Group A and local safety members
covered under the program upon death before
retirement).
Be
5(c)(13) Section 20952.5 (providing for age 50 as the
minimum voluntary retirement age for local safety
members with benefit payments commencing prior to
age 55 subject to actuarial discount).
Paragraphs 7(a) and 7(b) shall be stricken from said contract
and the following paragraphs substituted therefor:
7(a)
With respect to miscellaneous members, the city
shall contribute the following percentages of
monthly salaries earned as miscellaneous members
of said system:
(1) 0.056 percent on account of the liability for
prior service benefits.
(2) 6.253 percent on account of the liability for
current service benefits.
(3) $5.00 per month for each member covered under
the provisions of Section 21380-7 (SERS Sur-
vivor Program).
7(b)
With respect to local safety members, the city
shall contribute the following percentages of
monthly salaries earned as local safety members
of said System:
(1) 0.150 percent on account of the liability for
prior service benefits.
(2) 10.552 percent on account of the liability for
current service benefits.
1. (Exhibit A) Ret. Form 702-1
(3) $5.00 per month for each member covered
under the provisions of Section 21380-7
(SERS Survivor Program).
C. This amendment shall be attached to said Contract and
shall become effective of the 1st day of
January , 19 68 .
Witness our hands this
19 67 .
2nd day of October ,
BOARD OF ADMINISTRATION
STATE EMPLOYEES' RETIREMENT SYSTEM
CITY COUNCIL
OF THE
CITY OF SOUTH SAN FRANCISCO
Mayor/
City Clerk
2. (Exhibit A) Ret. Form 702-2
Benefits to Employees Under
SERS SURVIVOR BEA'~EFITS
(Benefits provided by SeCtions 21380-21387 of the Retirement Law)
BEk~FITS
Survivors of members who elect coverage under the SERS survivor program and
w~ose death occurs before retirement will receive a monthly life income as follows:
Widow and two or more dependent children
or
Three or more dependent children~ alone
Widow and one dependent child
or
Two dependent children, alone
Widow, alone, age 62 (widower age 65)
or
One dependent child, alone
If there is no widow or dependent child, then
to each dependent parent (mother 62, father 65)
$250
$180
$ 90
$ 90
Conditions:
1. A dependent child is one under the age of 18 and unmarried, or a disabled
child of any age who has been continuously disabled since age l§.
2. A widow ceases to be eligible for a benefit upon her remarriage.
5
A widower will be eligible for a benefit the same as a widow orovided he
was dependent upon the deceased member for at least one-half of his
support.
5
The basic death benefit currently included in your retirement program pro-
vides that should a member die prior to his retirement, his beneficiary
would be paid the member's accmnulated contributions plus an additional
amount equal to one-month's salary for each year of service, up to a maximum
of six months. The above survivor benefits will be payable in addition to
any basic death benefit the survivor may be entitled to receive.
If a member is covered under both the S~S 1959 Survivor Benefit described
above and the survivor benefits as provided in Section 21365.5 (1957
Survivors Benefit) of the Retirement Law, the survivor will be paid
both benefits.
Ret. Form 1171-1 (10/66) 209
(Exhibit B to Amendment to 1.
Contract between Board of Administration,
SERS, and City of S.S.F.)
COST TO THE ~4PLOYEE
Each employee will contribute ~i,2.00 a month in addition to his normal retire-
ment contributions. He will continue to pay this additional amount until either
termination of employment or retirement and under no circumstances will they be
refundable.
EFFECTIVE DATE
These survivor benefits will become effective on January l, 1968 (Date).
All present members of the System will be given the opportunity by written ballot to
select this survivor coverage. Persons who choose coverage will remain covered until
they terminate their employment or retire, iT IS dOT NOW P'.;OVIDED that persons, who
do not choose coverage will be allowed to choose coverage at a later date.
For agencies not covered under OASDI all future employees would be mandatorily
covered under this program. For ager~cies who are covered under OASDI all future
employees are mandatorily covered under OASDI and, therefore, are not eligible for
the SERS survivor benefits.
EXAMPLE
Under the SERS survivor program, if a member passes away sefore retirement
leaving a ~dow and four children, the widow would receive a .~o~thly income of ~2~O
until such time as the three oldest children have passed age 18 (so zhat she now only
has one child under the age of 18) at which time her benefit would be reduced to
~180. The ~180 would continue to be oaid until the lasv child passes ~he age of 18
at which time the payment would cease until the widow reaches the age of 62. She
would then receive $90 a month for the remainder of her lifeV~me. T~e widow ceases
to be eligible for her benefit when she remarries although benefits would continue
to any remaining children under the age of 18.
Ret. Form 1171-2 (8/66)
200
(Exhibit B to Amendment 2.~
to Contract between SERS and
City of S.S.F.)
Benefits to Employees Under
SERS SURViVOR BE~iEFITS
(Benefits provided by Sections 21330-21387 of the Retirement Law)
BEFITS
Survivors of members who elect coverage under the SERS survivor program and
whose death occurs before retirement will receive a monthly life income as follows:
Widow and two or more dependent children
or
Three or more dependent children, alone
$25o
Widow and one dependent child
or
Two dependent children, alone
Widow, alone, age 62 (~*ldower age 65)
or
One dependent child, alone
If there is no widow or dependent child, then
to each dependent parent (mother 62, father 65)
$180
$ 90
$ 90
Conditions:
1. A dependent child is one under the age of 18 and unmarried, or a disabled
child of any age who has been continuously disabled since age 18.
2. A widow ceases to be eligible for a benefit upon her remarriage.
0
A widower will be eligible for a benefit the same as a widow orovided he
was dependent upon the deceased member for at least one-half of his
support.
5
The basic death benefit currently included in your retirement program pro-
vides that should a member die prior to his retirement, his beneficiary
would be paid the memberts acc~nulated contributions plus an additional
amount equal to one-month's salary for each year of service, up to a maximum
of six months. The above survivor benefits will be payable in addition to
any basic death benefit the survivor may be entitled to receive.
If a member is covered under both the SfL~S 1959 Survivor Benefit described
above and the survivor benefits as 'orovided in Section 21365.5 (1957
Survivors Benefit) of the Retirement Law, the survivor will be paid
both benefits.
Ret. Form 1171-1 (10/66) 200
(Exhibit B to Amendment
to Contract between SERS
and City of S.S.F.)
COST TO THE ~,~LOYEE
Each employee will contribute ~i,2.00 a month in addition to his normal retire-
ment contributions. He will continue to pay this additional amount until either
termination of employment or retirement and under no circumstances will they be
refundable.
EFFZCTIV£ DATE
These survivor benefits will become effective on January 1, 1968 (Date).
All present members of the System will be given the opportunity by written ballot to
select this survivor coverage. Persons who choose coverage will remain covered until
they terminate their employment or retire, iT IS ~OT NOW P ~OVIDED that persons, who
do not choose coverage will be allowed to choose coverage at a later date.
For agencies not covered under OASDI all future employees would be mandatorily
covered under this program. For agencies who are covered under OASDI all future
employees are mandatorily covered under OASDI and, therefore, are no~ eligible for
the SERS survivor benefits.
EXAMPLE
Under the SERS survivor program, if a member passes away before retirement
leaving a widow and four children, the widow would receive a ~%onvhiy income of
until such time as the three oldest children have passed age !6 (so that she now only
has one child under the age of 18) at which time her benefit would be reduced to
$180. The ~180 would continue to be paid until the last child oasses the age of 18
at which time the payment would cease until the widow reaches the age of 62. She
would then receive $90 a month for the remainder of her lifetime. The widow ceases
to be eligible for her benefit when she remarries although benefits would continue
to any remaining children under the age of 18.
Ret. Form 1171-2 (8/66)
20O
(Exhibit B to Amendment
to Contract between SERS
and City of S.S.F.)
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