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HomeMy WebLinkAboutOrd 987-1985OPd)I NANCE NO. 987-85 An Ordinance of thc City Council (Name of (;overn~n£; Body) the City of South San Francisco authorizing an Amendment to bhe ContraeC' Between the City Council (GovernZng Body) the City of South San Francisco and the Board (Name of Pubiic Agency) Administration of the California Public Employees~ Retirement The City Council (Name of Governing Body) C i_ty_~X__Smu t h__Sa)]_ Er a n c i s c o (Narae of Public Agency) of the does ordain as follows: Section 1. That an amendment to the Contract between the .__ City Council of th~- Cit of S~'~}~'--~-~--F~ff~-~'~ ............ (Name of Governing Body) (Name of Public Agency) and the Board of Administration, California Public Employees' }~etJ. rerr:ent System is hereby authorized, a copy of said amendment being attached hereto, marked "Exhibit A", and by such reference nade a part hereof as thouLh herein set out in full. Sc, ction 2. The Mayor ,___ of the (Title of Presiding Officer) City Council is hereby authorized, empowered, (Name of Governing Body) and directed to execute said amendment for and on behal£ of said Agency. Section 3. This Ordinance shall take effect 30 days after the date of its adoption, and prior to the exp.~ration of l0 days from the passage thereof shall be published at least once in the Enterpr_~se~-__dournal , a newspaper of general circulation, (Name of Newspaper) published and circulated in the Cit_y_ of South San Francisco and (Name of City or County) thenceforth and thereafter the same shall be in full force and effect. Introduced this _Z2J~__ day of _____j~_ , 1985. Passed and adopted as an Ordinance of the City of South San Francisco at a regular meeting of the City Council of the City of South San Francisco thislOth day of ..... ~ , 1985 by the following vote: AYES: Councilmembers Mark N. Addiego, Richard A. Haffey, Gus Nicolopulos; and Roberta Cerri Teglia NOES: None ABSENT: Councilmember Emanuele N. Damonte As Mayor of the City of South San Francisco, I do hereby approve the foregoing Ordinance this _]_O_t_b__ day of 1985. EXHIBIT "A" TO ORDINANCE NO..~ -85 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 The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of above public agency, herein- after referred to as Public Agency, having entered into a contract effective September 1, 1945, and witnessed September 12, 1945, and as amended effective September 1, 1949, December 1, 1953, January 1, 1960, January 1, 1963, February 1, 1967, January 1, 1968, January 1, 1969, November 1, 1973, April 19, 1974, January 21, 1977, November 11, 1977 and December 19, 1980, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: · · Paragraphs 1 through 10 are hereby stricken from said contract as executed effective December 19, 1980, and hereby replaced by the following paragraphs numbered 1 through 11 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 members and age 50 for local safety members. Public Agency shall participate in the Public Employees'.Retirement System from and after September 1, 1945 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~ 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: ae Local Fire Fighters (herein referred to as local safety members); Local Police Officers (herein referred to as local safety members); Employees other than local safety members (herein referred to as local miscellaneous members). e e In addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of said.Retirement System: a® PERSONS WHO ARE COMPENSATED ON AN HOURLY BASIS WHO ARE EMPLOYED JANUARY 1, 1963 OR AFTER. 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 21251.13, subject to the reduction provided therein for service on and after ~January 1, 1956 for members whose service has been included in Federal Social Security (2% ~ 60 Full and Modified). The fraction of final compensation to be provided for each year of credited prior and current service as a lpcal safety member shall be determined in accordance with Section 21252.0~ of said Retirement Law (2% at age 50 Full). ~The following additional provisions of the Public Employees' Retire- ment Law, which apply only upon election of a contracting agency, shall apply to the PubIic Agency and its employees: a. Sections 21380-21387 (1959 Survivors Program) excluding Section · 21382.2 (Increased 1959 Survivors Benefits). be Section 21222.1 (Special 5% Increase - 1970.). Legislation repealed said Section effective January 1, 1980. Sections 21263, 21263.1 and 21263.3 (Post-Retirement Survivor Allowance). de Section 20930.3 (Military Service Credit), as defined in Chapter 830, Statutes of 1976 for local miscellaneous members only. Section 20024.2 (One-Year Final Compensation) for local safety members only. Public Agency, in accordance with Section 20740, GOvernment Code, ceased to be an "employer" for purposes of Section 20759 of the Public Employees' Retirement Law effective on November 11, 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. 10. Public Agency shall contribute to said Retirement System as follows: a® With respect to local miscellaneous members, the agency shall contribute the following percentages of monthly salaries earned as local miscellaneous members of said Retirement System: (1) 0.079 percent until June 30, 2000 on account of the liability for prior service benefits. (Subject to annual change.) (2) 12.566 percent until June 30, 2011 on account of the liability for current service benefits. (Subject to annual change.) With respect to local safety members, the agency shall contribute the following percentages of monthIy salaries earned as local safety members of said Retirement System: (1) 0.039 percent until June 30, 2000 on account of the liability for prior service benefits. (Subject to annual change.) (2) 25.148 percent until June 30, 2011 on account of the liability for current service benefits. (SUbject to annual change.) (3) 0.039 percent until June 30, 2011 on account of the liability for the 1959 Survivor Program. (Subject to annual change.) A reasonable amount, as fixed by the Board, payable in one in- stallment within 60 days of date of contract to cover the costs of administering said System as it affects the empIoyees of Public Agency, not including the costs of special valuations or of the periodic investigation and valuations required by law. A reasonable amount, as fixed by the Board, payable in one in- stallment as the occasions arise, to cover the costs of special vaIuations 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. 11. Contributions toque, red cf Pub!it Agency and its employees shall bc paid by Public Agency to the Retlremcnt System within thirty d~ys aft,~.r tko end of thc period to wkfch said may be prescrfbed by Bo~rd rezulation. If ~re or less than the cor- rect amount of ecntributions is p~,Id for shy Period, proper adjustment on account bf er~o~s ~ contributions r~Quircd of zny e~p!oyce may be m~de by direct payments between the emp]cye~ and the Board. Thl~ ,mendment ~hal! be effective on the _ Witness our ~zmds the ~0th d~y of July , 19=85 . ECARD OF AD:~I}{ISTRATIO~ PUBLIC E~!PLOYEES' RETiRE~';£NT SYSTE~.~ CiTY COUNCIL OF CiTY OF SCUT}: SAN FItA~;C!SCO Approved ;~'s to ferry: Legal Office, Pres~idi%~ £fflcer ' Attest: