HomeMy WebLinkAboutAgenda Report - January 17, 1990 (67)c
C(,-:;NCIL C0MMUNICAir'0N
TO: THE CITY COUNCIL
FROM: THE CITY MANAGER'S OFFICE
COUNCIL MEETING DATE:
JANUARY 17, 1990
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SUBJECT: ADOPTION OF ORDINANCE N0. 1473 - AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
LODI AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE
CITY OF LODI AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES'
RETIREMENT SYSTEM
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Ordinance No. 1473 - "An Ordinance of the City Council of the City of Lodi Authorizing an
Amendment to the Contract between the City Council of the City of Lodi and the Board of
Administration of the California Public Employees' Retirement System" was introduced at the
regular meeting of the Lodi City Council held December 20, 1989.
Pursuant to State statute, ordinances may be adopted five days after their introduction
following reading by title.
This Ordinance has been approved as to form by the City Attorney.
RECOMMENDED ACTION: Following reading by title, it would be appropriate for the Lodi City
Council to adopt Ordinance No. 1473.
aw 7h 41MI'l
Alice M. Reimche
City Clerk
AMR/imp
COUNCO45/TXTA.02J
ORDINANCE NO. 1473
AN ORDINANCE OF THE CITY GOUNCL OF THE CITY OF LCU
AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL
OF THE CITY OF LODI AND THE BOARD OF AEN24SIP.AMON OF THE
CALIFORNIA PUBLIC EN410YI0 RETIREMENT SYSTEM
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BE IT ORDAINED BY THE LODI CITY OJJ%4CL AS FOLLOWS:
5:M I J,►
SECTION 2:
That an amendment to the Contract between the City Council of the City
of Lodi and the Board of Administration, California Public Employees'
Retirement System is hereby authorized, a copy of said amendment being
attached hereto, marked "Exhibit A"$ and by such reference made a part
hereof as though herein set out in full.
The Mayor of the City of Lodi is hereby authori,ad, empowered, and
directed to execute said amendment for and on behalf of said Agency.
This Ordinance shall take effect 30 days after the date of its
adoption, and prior to the expiration of 10 days from the passage
thereof shall be published at least once in the Lodi News Sentinel, a
newspaper of general circulation, published and circulated in the City
of Lodi and thenceforth and thereafter the same shall be in full force
and effect.
Approved this 17th day of January 1990
rV
JOHN R SNIDER
Mayo'
Attest:
�ILI Iu 'c �4 )) �-
�jyni fe . K Perrin
beputyr City Clerk
for
ALICE M. RRV]aE
City Clerk
State of California
County of San Joaquin, ss.
I, Alice M. Reimche, City Clerk of the City of Lodi, do hereby certify
that Ordinance No .147.1 was introduced at a regular meeting of the City
Council of the City c f Lodi held December 20, 1989, and was thereafter
passed, adopted and ordered to print at a regular meeting of said
Council held January 17, 1990 by the following vote:
4
Ayes : '� Council Members - Hinchman, Or�,n, Pinkerton, Reid
and Snider ayor)
Noes: Council Members - None
Absent: Council Members - None
Abstain = Council Members - None
I further certify that Ordinance Na 1473 was approved and signed by
the Mayor on the date of its passage and the same has been published
pursuant to law.
JiNNIFEd- k PERRIN
Deputy City Clerk
f o r ALICE M. RFILVKFE
C i t y Clerk
Approved as t o Form
6j
BOBBY W. McNATT
City Attorney
ORQ1473/TXTA.023
** At
O P Y
AMENDMENT TO CONTRACT
BETWEEN THE
BOARD OF ADMINISTRATION
OF THE
PUBLIC EMPLOYEM' RMIREMENT bISTMI
CITY COUNCIL
OF THE
MOM nm TAM
The Board cf Administration, Public Employees' Retirement System, hereinafter
referred to as Board, and the governing body cf above public agency,
hereinafter referrca to as Public Agency, having entered into a contract
effective June 1, 1966, and witnessed April 27, 1966, and as amended effective
May 1, 1970, July 1, 1973 and July 1, 1977, which provides for participation of
Public Agency in said System, Board and Public Agency hereby agree as follows:
A. Paragraphs 1 through 12 are hereby stricken from said contract as executed
effective July 1, 1977, 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. "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* Re►.irement
System from and after Jude 1, 1966 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-
ing 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
5.
C O P Y as
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 COMPENSATED ON AN HOURLY BASIS WHO
ARE HIRED JUNE 1, 1966 OR THEREAFTER; AND
h ELECTIVE OFFICIALS.
Assets heretofore accumulated with respect to members in the local
retirement system have been transferred to the Public Employees'
Retirement System and applied against the liability for prior service
incurred thereunder. That portion of the assets so transferred
representing the accumulated contributions (plus interest thereof)
required of the employees under said local system has been credited to
the individual membership account of each such employee under the
Public Employees' Retirement System.
The percentage of final compensation to be provided for local
miscellaneous members for each year of credited prior and current
service shall be determined in accordance with Section 21251.13 of
said Retirement Law subject to the reduction provided therein for
service prior to June 30, 1977, termination of Social Security, Cor
members whose service has been included in Federal Social Security (28
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
(2g at age 50 Full).
The following additional provisions of the Public Employees'
Retireeent Law, which apply only upon election of a contracting
agency, shall apply to the Public Agency and its employees:
a. Section 21361.5 (Local System Service Credit).
b. Section 21222.1 (Special 50 Increase - 1970). Legislation
repealed said Section effective January 1, 1980.
C. Sections 21263 and 21263.1 (Post -Retirement Survivor Allowance)
for local miscellaneous members only.
d. Sections 21380 - 21387 (1959 Survivor Benefits) excluding Section
21382.2 (Increased 1959 Survivor Benefits) and Section 21382.4
(Third I,eve1 of 1959 Survivor Benefits) for local fire members
only.
e. Sections 21380 - 2187 (1359 Survivor Benefits) including Section
21382.2 (Increased 1959 Survivor Benefits) and Section 21382.4
(Third Level of 1959 Survivor Benefits) for local miscellaneous
members only.
* * * C O P Y * * *
f. Sections 21380 - 21387 (1959 Survivor Benefits) including Section
21382.4 (Third Level of 1959 Survivor Benefits) for local police
members only.
g. Section 21298 (Increased Non -Industrial Disability Allowance) for
local miscellaneous members only.
9. Public Agency, in accordance with Government Code Section 20740,
ceased to be an "employer" for purposes of Section 20759 effective on
July 1, 1977. Accumulated contributions of Public 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.
10. Public Agency shall contribute to said Retirenent System as follows:
a,. With respect to local miscellaneous members, the agency shall
contribute the following percentages cf salaries earned as
members of said Retirement System:
,h (1) U.876 percent until June 30, 2000 on account of the
liability for prior service benefits. (Subject to annual
P
O change.)
(2) 7.339 percent until June 30, 2000 on account of the
4 liability for current service benefits. (Subject to annual
! change . )
�. b. With respect to local safety members, the agency shall contribute
C3 the following percentages of salaries earned as members of said
Retirement System:
(1) 4.664 percent until June 30, 2000 on account of the
liability for prior service benefits. (Subject to annual
,4 change.)
w
Q (2) 13.056 percent until June 30, 2000 on account of the
liability for current service benefits. (Subject to annual
a change.)
C. Public Agency shall contribute $2.50 per employee, per month on
account of the liability for the 1959 Survivor Benefits provided
under Section 21382.4 of said Retirement Law. (Subject to annual
change.) In addition, all assets and liabilities of Public
Agency and its employees shall be pooled in a single account,
based on term insurance rates, for beneficiaries of all local
miscellaneous members a,id local police members.
d 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 employees of
Public Agency, not including the costs of special valuations or
of the periodic investigation and valuations required by law.
e. A reasonable amount, as fixed by the Boaird, payable in one in-
stallment 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 effe 4f ive on the
9
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMEIYSTEM
`��CC``
BY ���
CHIEF, CONTRA SERVICES DIVISION
PUBLIC EMPLOY' RETIREMENT SYSTEM
PERS-CON-702 (AMENDMENT)
(Rev. 6/88)
CITY COUNCIL
OF THE
CITY OF LODI
SS
Presiding Officer
V�
Witness Date
Attest: QQ
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