The URL can be used to link to this page

Home My WebLink AboutOrd 1105-1991ORDINANCE NO. 1105-91 AN ORDINANCE AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO DOES ORDAIN AS FOLLOWS: SECTION 1. Amendment to agreement authorized. An amendment to the contract between the City Council of the City of South San Francisco and the Board of Administration, California Public Employees' Retirement System is hereby authorized. A copy of the amendment is attached and incorporated as Exhibit "A". SECTION 2. City Manager authorized to execute. The City Manager is hereby authorized, empowered, and directed to execute the amendment for and on behalf of the City. SECTION 3. Publication and Effective Date. This ordinance shall be published once, with the names of those City Councilmembers voting for or against it, in the Enterprise Journal, a newspaper of general circulation in the City of South San Francisco, as required by law, and shall become effective thirty (30) days from and after its adoption. Introduced at a reqular meeting of the City Council of the City of South San Francisco, held the llth day of September , 1991. 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, held the 25th day of September , 1991, by the following vote: AYES: City C0unci]members Richard A. Haffey, John R. Penna, Gus Nic0]0pu]0s, Roberta Cerri Teqlia, and Ma.¥or Jack Draqo NOES: None ABSTAIN: None ABSENT: None As Mayor of the City of South San Francisco, I do hereby approve the foregoing Ordinance this 25th day of September 1991. -'* * * C 0 P ¥ * * * Exhibit "A" ORDINANCE NO. 1105-91 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 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, December 19, 1980, August 23, 1985, January 23, 1987 and December 22, 1989, which provides for participation of Public Agency in said System, Board and Public Agency he~eb¥ agree as follows: Paragraphs 1 through 11 are hereby stricken fro~ said contract as executed effective December 22, 1989, and hereby replaced by the following paragraphs numbered 1 through 12 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 contract- in9 agency. ® Employees of Public Agency in the foil.win9 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); bo Local Police Officers (herein referred to as local safety members); COP! eaa PLEA DO NOl SiGN "EXHIBIT Employees othe£ than local safety BeRbers (herein referred to as local miscellaneous .embers). 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: PERSONS IEK) ARBCG#P~iSATRDGHAIIIB3URL! BASIS IBIO ARB~iPLO~)JAHOAR! l, 1963(It~. The percentage of final compensation to be provided for local miscel- laneous members for each year of credited prior and current service shall be determined in accordance with Section 21251.13, subject to the reduction provided therein for service on and after &ugust 18, 1959 for members whose service has been included in Federal Social Security (2% at age 60 Full and Modified). 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). Public Agency elected to be subject to the followin9 optimml provisionat 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) for local miscellaneous meubera only. bo Section 21222.1 (Special 5% Increase - 1970). Legislation repealed said Section effective January 1, 1980. Ce Sections 21263, 21263.1 and 21263.3 (Post-Retirement Survivor Allowance). do Section 20930.3 (Military Service Credit). Statutes o£ 1~76 ,gOt local miscellaneous members only. e® Section 20024.2 (One-~ear Final Compensation) foe local safety member s only. Sections 21380 - 21387 (1959 Survivor Benefits) including Section 21382.4 (Third Level of 1950 Survivor Benefits) for local safety members only. go Section 20862.8 (Credit for Unused Sick Leave) for local fire members only. PLEASE DO NOT SIGN "EXHIBIT ONtY*' Be 10. XI. Public Agency, in accordance with Government Code Section 20940, ceased to be an *employer" for purposes of Section 20?59 effective on ~ fixed and determined as provided in Government ¢~e Section 207~g0 and accumulated contributions thereafter shall be held by the Board as provided in Govermient Code Section 20759. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior and future service liability vith reSlmCt to local miscellaneous members and local safety members of said Retirement System. l~blic Agency shall also contribute to said Retirement System follo~s: bo Public Agency shall contribute $2.50 per employee, per ~onth on account of the liability for the 1959 Survivor Program provided under Section 21382.4 of said Retirement LAy. (Sub,oct to annual change.) In addition, all assets and liabilities of Public Agency and its e~ployees sh~ll b~ pooled in a single &commt, hesed on term insurance rates, for beneficiaries of Ill legal safetymesburs. A reasonable I~ouat, &s fixed b~ the Board, payable in one in- stall.emi vithin S0 days of date of omtraot to cover the ~ceta of sdS·hiSt·ring said Syste~ as it arrests the euploTeeo of Public Agency, not including the costs of spe~i&l valuer·oma or of the periodic investigation and valuations required I~ laM. Co A reasonable amount, as fixed b7 the Board,. payable in Gee in- stallment as the occasions arise, to cover the costs of special valuations on account of euployees of PublIo Agency, and soots of the periodic investigation Md valuations required bl~ laM. Contributions required of Publio Agency and ltl employees admiX' be sublect to ad3ust~ent by Board ce account of - tr' -_~ts to the Public Bmployees* Retirement L~w~ and on account of the experience under the Retirement Syste~ as determined by the periodi~ investigation and valuation required by ~aid Retirement Law. -~, e, COPY ** · 12. Contributions required of Public Agency and its employees shall be p&id by Public Agency to the Retirement SysteB within fifteen d&ys after the end of the period to which said contributions refer or as may be prescribed by Board regul&tion. If more or less than the correct &mount of contributions is paid for any period, p~oper adjustment shall be made in connection with subsequent remittances. Adjustments on account of errors in contributions required of any employee any be ~ade by direct payments between the employee and the Board. B. ?his amendment shall be eff~e o~ the day of BOAR O AI~4INISTRA?ION .~,~ CI?¥ COUNCIL PUBLIC ~4PI.,OYEF,$' RETIRENE~ST~4 OF ~q~ (~)~ ~w~, ClT~ OF SOUTlt SAN ISCO C~IIEF, COW~J~VICF~ DIVISION PUBLIC ENPLO~' R~'I~IRBI~ SYSTBN BY Preaidin90 ,el~k PBRS-CCXq-702 (AMBI41Xq~) (Rev. 3/90)