HomeMy WebLinkAboutReso 99-1980RESOLUTION NO. 99-80
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 PUBLIC EMPLOYEES'
RETIREMENT SYSTEM AND THE CITY COUNCIL OF
THE CITY OF SOUTH SAN FRANCISCO
WHEREAS, the Public Employees' Retirement Law permits the participation
of public agenci~es 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 City Council of the City of South San Francisco 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 20024.2 (one-year final compensation):,
for local fire members."
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 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 Exhibit "A" 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 ~Oth day of
by the following vote'
AYES-
NOES'
A,~,~t , 1980,
Counctlmn Ronald G. Acosta, Hark g. Addtego, Emnuele N. Damonte,
_flus Ntcolopilos; and Counctlwomn Roberta Cerrt Te~ta
Hone
ABSENT- Heine
ATTEST'
City
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EXHIBIT A TO RESOLUTION NO.
adopt[d August 20. 1980
TO CONTRACT BETWEEN
· BOAm OF
PUBLIC EMPLOYEES' RETIREMENT
CITY OF SOUTH SAN FRANCISCO
The Board of Administration, Public Employees' Retirement SYstem, herein-
after referred to as Board, and the governing body of above public agency,
hereinafter referred to as Public Agency, having entered into a contract under
date of September 1'.2, 1945, effective September 1!, 1945, and as amended
effective September 1, 1!949, December 1, 1~953, January I, 1960, January 1,
1963, February 1, 1967, January 1, 1968, January 1, 1969, November 1!, 1973,
April 1!9, 1!974, January 21, 1~977, and November 11, 1~977, which provides for
participation of Public Agency in said System, Board and Public Agency hereby
agree as follows:
A. Paragraphs 1 through 10 are hereby stricken from said contract as executed
effective November 11, 1~977, and hereby replaced by the following para-
graphs numbered 1t through 10 inclusive:
·
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 60 for local miscellaneous and age 50 for local safety
members.
·
Public Agency shall participate in the 'Public Employees' Retirement
System from and after September 1, 1~945 making'its employee~ 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 mmendments to said Law hereafter enacted except such as by'
express provisions thereof apply only on the election of contracting
agencies.
®
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 Firemen (herein referred to as local safety members);
b. Local Policemen (herein referred to as local safety members);
Ce
Employees other than local safety members (herein referred to as
local miscellaneous members).
In addition to the classes of employees excluded fY'~m membership by
said Retirement Law, the followinE classes of employees shall not
become ~embers .of said ~:-~ ~--~-
PERSONS WHO A~ COMP~SATED ON AN HO~LY BASIS WHO ARE ~
EMPLOYED JA~ARY 1', 1963 OR AFTER.
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.
.
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.
The fraction of final compensation to be provided for local miscel-
laneous members for each year of credited prior and current service
shall be that provided in Section 211251.13 subject to the reduction
provided therein for service on and after January 1, 1956 of
members whose service has been included in Federal Social Security.
The fraction 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).
The following additional provisions of the Public Employees' Retire-
ment Law which apply only upon election of a contracting agency shall
apply to the Public Agency and its employees:
a.
b.
Sections 21380-21~388 (1!959 Survivors Program).
Section 211222.1 (Special 5% increase - 1970).
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Sections 21263/21~263.!~ (Post-retirement survivor allowance).
Section 20930.3 (Military service credit) as defined in Chapter
830, Statutes of 1'976, for local miscellaneous members.
Section 20024.2 (One-year final compensation), for local fire
members.
Public Agency, in accordance with Section 20740, Government Code,
ceased to be an "employer" for purposes of Chapter 6 of the Public
Employees' Retirement Law effective on November 111, 1977. Accumulated
contributions of Public Agency as of the aforementioned date shall be
fixed and determined as provided in Section 20759, Government Code,
and accumulated contributions as of the aforementioned date and
contributions thereafter made shall be held by the Board as provided
in Section 20759, Government Code.
Public Agency shall contribute to said Retirement System as follows:
a.
With respect to miscellaneous members, the agency shall con-
tribute the following percentages of monthly salaries earned as
miscellaneous members of said Retirement System:
(1i) O.087 percent until June 30, 2000 on account of the
liability for prior service benefits.
(2) 1!4.258 percent on account of the liability for current
service benefits.
(3) 0.009 percent on account of the liability for the 1959
Sur~'ivor Pro, mm.
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(4) O.110 percent until June 30, 1~983 on account of the
liability for the benefits provided under Section 21~222.1 of
said Retirement Law.
With respect to local safety members, the agency shall contribute
the following percentages of monthly salaries earned as local
safety members of said Retirement System:
(1) 0.048 percent until June 30, 2000 on account of the
liability for prior service benefits.
(2) 30.572 percent on account of the liability for current
service benefits.
(3) 0.020 percent on account of the liability for the 1959
Survivor Program.
(4) 0.150 percent until June 30, 1983 on account of the
liability for the benefits provided under Section 21222.1! of
said Retirement Law.
A reasonable amount per annum, as fixed by the Board to cover the
costs of administering said System as it affects the employees of
Public Agency, not including the costs of special valua-tions or
of the periodic investigation and valuations required by law.
A reasonable amount as fixed by the Board, payable in one install-
ment as the occasions arise, to cover the costs of special valua-
tions on account of employees of Public Agency, and costs of the
periodic investigation and valuations required by laW.
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.
Contributions required of Public Agency and its employees shall be
paid by Public Agency to the Retirement System within thirty 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, or
adjustments on account of errors in contributions required of any
employee may be made by direct cash payments between the employee and
the Board. Payments by Public A~ency to Board may be made in the form
of warrants, bank checks, bank drafts, certified checks, money orders
or cash.
B~. This amendment shall be attached to said contract and shall be effectiw~ on
the day of _ , 1~9 .
Witness our hands the
day of · , 19__~.
BOARD OF ADMINISTRATION
PUBLIC ~PLOYEES' RETIR~ENT SYSTEM
CITY COUNCIL
OF THE
CITY OF SOUTH SAN FRANCISCO
BY
Ca~l J. Blechinger, Executive Officer
Approved as to form:
Cynthia G. Besemer, tLegal Office, Dat~
Attest:
Clerk
PERS CON-702