HomeMy WebLinkAboutAgenda Report - September 2, 1992 (62)OF
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AGENDA TITLE: Membership in PERS-PAC
MEETING DATE: September 2, 1992
7
COUNCIL COMMUNICATION
PREPARED BY: Joanne Nar loch, Personnel Director
RECOMMENDED ACTION: Approve City membership in the Public Employees Retirement
System Public Agency Coalition (PERS PAC).
BACKGROUND INFORMATION: Many public agencies throughout the State contract with
the Public Employees Retirement System (PERS) for
retirement i>eneiits administration. In the past,
employers have had little or no representation with PERS decision-making authority.
The PERS Public Agency Coalition has been formed by the League of California Cities,
the California State Association of Counties (CSAC) and special districts throughout
the State for two major purposes:
1. To enhance the representation of employer interests before the Public Emplovees
Retirement System (PERS) Board of A(Lministration and the Legislature On PERS
retirement issues; and
2. To provide an improved information base to participants on PERS and other
retirement related issues.
In ics first year of operation, PERS PAC has been involved in: developing retirement
proposals to ease the impact. of anticipated budget cuts, stricter disability
retirement standards for employees who are still employable within the member agency;
and, establishing "golden handshake" provisions for early retiremenr_s in the event of
a reduction in force. These issues will become increasingly important as Lodi and
other agencies face the new ec:onom.ic realities of State budget: reductions and
decreasing revenues.
The cost of membership in PERS PAC is $750.00 per fiscal year.
FUNDING: Contingency Fund.
l
J Joanne M. Narloch
Pt( rsorine.l Di" rector
APPROVED
THOMAS A PETERSON
city Manager
RESOLUTION NO. 92=151
A RESOLUTION OF THE LODI CITY COUNCIL
APPROVING THE CITY OF MDI' S MEMB3ERSHIP IN THE
PUBLIC EMPLOYEES RETIREMENT SYSTEM
PUBLIC AGENCY COALITION (PERS PAC)
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WIKERE.A.S, the Public 8mployees Retirement System Public Agency
Coalition (PERS PAC) has been formed by the League of California
Cities, the California State Association of Counties (CSAC) and special
districts throughout the State for two major purposes:
1. To enhance the representation of employer i-iterests before
the Public Employees Retirement' System (PERS) Board of
Administration and the Legislature on PERS retirement issues; and
2. To provide an improved information base to participants on
PERS and other retirement -related issues;
NOW, THEREFORE, BE IT RESOLVED, that the Lodi City Council hereby
approves City of Lodi membership in the Public Employee5 Retirement
System Public Agency Coalition (PERS PAC), with membership dues in the
amount of $750.00 per fiscal year.
Dated: September 2, 1992
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I hereby certify that Resolution No. 92-151 was passed and
adopted by the Lodi City Council in a regular meeting held September 2,
1992 by the following vote:
Ayes= Council Members - Hinchman, Pennino, Sieglock, Snider
and Pinkerton (Mayor)
Noes: Council Members - None
Absent: Council Members None
Alice M. Reimche
City Clerk
v
RES92151/TXTA.02J