HomeMy WebLinkAboutAgenda Report - October 17, 2012 C-09I
AGENDA ITEM
• DCITY OF LODI
COUNCIL COMMUNICATION
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AGENDA TITLE: Adopt Resolution Approving Benefit Modifications for Council Members
MEETING DATE: October 17,2012
PREPARED BY: Human Resources Manager
RECOMMENDED ACTION: Adopt resolution approving Benefit Modifications for Council
Members.
BACKGROUND INFORMATION: The City recently negotiated modifications to its employees
retirement and health care benefits which considerably reduce
costs borne by the City. This communication reduces Council
benefits to the same level as those negotiated by employees. Staff is recommending the following
modifications be made to current and incoming Council Members salary and benefits effective the first
pay period in which January 1, 2013 falls. The specific changes to Council benefits are:
• Council Members will begin paying 7 percent of the employee's share of retirement.
• Council Members medical premium will be capped at the January 1, 2012 rate for the lowest cost
HMO.
• Council Members newly elected on or after November 6, 2012 will receive the reduced CaIPERS
retirement formula of 2 percent at 60 on January 1, 2013 or upon the date in which the City amends
its retirement contract with CalPERS (whichever is later).
FISCAL IMPACT: It is estimated that the benefit modifications will save the City about $5,800 over
the next two calendar years.
FUNDING AVAILABLE: Necessary funding will be included in each fiscal year budget.
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Jordan Ayers Depu City nager/Internal Services Director
Dean Gualco, Human Resources Manager
APPROVED:
onradt Bartlam, City Manager
RESOLUTION NO. 2012-165
A RESOLUTION OF THE LODI CITY COUNCIL
APPROVING BENEFIT MODIFICATIONS FOR
COUNCIL MEMBERS
WHEREAS, City Council benefits shall be reduced to the same level as those
negotiated by employees; and
WHEREAS, it is recommended that Council approve the following benefit
modificationsfor Council Members:
• Council Members will begin paying 7 percent of the employee's share of
retirement.
• Council Members' medical premium will be capped at the January 1, 2012, rate
for the lowest cost HMO.
• Council Members newly elected on or after November 6, 2012, will receive the
reduced CalPERS retirement formula of 2 percent at 60 on January 1, 2013, or
upon the date in which the City amends its retirement contract with CalPERS
(whichever is later).
Date: October 17, 2012
hereby certify that Resolution No. 2012-165 was passed and adopted by the
Lodi City Council in a regular meeting held October 17, 2012, by the following vote:
AYES: COUNCIL MEMBERS — Hansen, Johnson, Katzakian, Nakanishi,
and Mayor Mounce
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS —None
el JOHL
City Clerk
2012-165