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HomeMy WebLinkAboutAgenda Report - March 6, 2019 H-01TM CITY OF LODI COUNCIL COMMUNICATION AGENDA ITEM AGENDA TITLE: Adopt Resolution of Intention Approving an Amendment to the Contract Between the Board of Administration of the California Public Employees' Retirement System (PERS) and the City of Lodi and Introduce Ordinance Amending the Contract Between PERS and the City of Lodi With Regard to Providing Government Code Section 20516 (Employees Sharing Additional Cost) of 3 Percent for Local Miscellaneous Members in the Unrepresented Confidential Mid -Management Group, Unrepresented Confidential General Services Group, Unrepresented Executive Management Group, Unrepresented Council Appointees Group, Lodi City Mid -Management, AFSCME Maintenance and Operators Unit Local 146, Lodi Police Dispatchers Group and 2 Percent for Local Miscellaneous members in the AFSCME General Services Unit Local 146; 3 Percent for Local Fire Members in the Lodi Professional Firefighters and Lodi Fire Mid -Management; and 3 Percent for Local Police Members in the Lodi Police Mid -Management and Police Officers Association of Lodi (Classic Members) MEETING DATE: March 6, 2019 PREPARED BY: Human Resources Manager RECOMMENDED ACTION: Adopt Resolution of Intention approving an amendment to the contract between the Board of Administration of the California Public Employees' Retirement System (PERS) and the City of Lodi and introduce ordinance amending the contract between PERS and the City of Lodi with regard to providing Government Code Section 20516 (Employees Sharing Additional Cost) of 3 percent for local miscellaneous members in the Unrepresented Confidential Mid -Management Group, Unrepresented Confidential General Services Group, Unrepresented Executive Management Group, Unrepresented Council Appointees Group, Lodi City Mid -Management, AFSCME Maintenance and Operators Unit Local 146, Lodi Police Dispatchers Group and 2 percent for Local Miscellaneous members in the AFSCME General Services Unit Local 146; 3 percent for Local Fire Members in the Lodi Professional Firefighters and Lodi Fire Mid -Management; and 3 percent for Local Police Members in the Lodi Police Mid - Management and Police Officers Association of Lodi (Classic Members) BACKGROUND INFORMATION: Recently, the City negotiated new labor agreements (MOUs or Statements of Benefits) with local miscellaneous and safety bargaining groups, which includes represented and unrepresented employees. The parties mutually agreed to enter into cost-sharing agreements whereby employees will pay a percentage of the employer's normal contribution toward CaIPERS, pursuant to Government Code Section 20516. As such, the City must formally amend its contract with CaIPERS to include these new cost-sharing provisions. APPROVED:%owlVIM} Steve chwabaue , City Manager The following table reflects the individual employee groups and the percentage of cost-sharing agreed upon: SAFETY MEMBERS Lodi Professional Firefighters 3% cost sharing Lodi Fire Mid -Management 3% cost sharing Police Officers Association of Lodi — Classic members 3% cost sharing Lodi Police Mid -Management 3% cost sharing MISCELLANEOUS MEMBERS Confidential Mid -Management 3% cost sharing Confidential General Services 3% cost sharing Lodi City Mid -Management 3% cost sharing AFSCME - General Services 2% cost sharing AFSCME - Maintenance and Operators 3% cost sharing 3% cost sharing Executive Management (excluding Council Appointees) Council Appointees 3% cost sharing Lodi Police Dispatchers 3% cost sharing There are various steps in the process to amend the contract between CaIPERS and the City. The first step is to adopt the Resolution of Intention and to introduce the Ordinance amending the contract. The second step is the final reading and adoption of the Ordinance, scheduled to occur on April 17, 2019. If adopted, the contract will be amended effective May 20, 2019. Employees will begin their cost-sharing deduction as of May 20, 2019. FISCAL IMPACT: The proposed action reduces the City's payroll obligation by reducing City contributions to CaIPERS on employee's behalf. The estimated annual amount by bargaining group is as follows: SAFETY MEMBERS Lodi Professional Firefighters 3% cost sharing 128,900 Lodi Fire Mid -Management 3% cost sharing 17,000 Police Officers Association of Lodi — Classic members * 3% cost sharing 72,000 Lodi Police Mid -Management 3% cost sharing 64,600 TOTAL ESTIMATED ANNUAL SAVINGS (SAFETY) 282,500 MISCELLANEOUS MEMBERS Confidential Mid -Management 3% cost sharing 23,300 Confidential General Services 3% cost sharing 8,500 Lodi City Mid -Management 3% cost sharing 2% cost sharing 113,750 118,400 AFSCME - General Services AFSCME - Maintenance and Operators 3% cost sharing 136,300 Executive Management (excluding Council Appointees) 3% cost sharing 32,900 Council Appointees 3% cost sharing 14,100 Lodi Police Dispatchers 3% cost sharing 37,800 485,050 TOTAL ESTIMATED ANNUAL SAVINGS (MISC) TOTAL ESTIMATED ANNUAL SAVINGS (CITY WIDE) 767,550 * Additional cost savings of $18,000 is estimated for the POA PEPRA members agreed upon payroll deduction that does not require a PERS amendment. FUNDING AVAILABLE: Not applicable. Adele Post, Human Resources Manager e).„— And rew Andrew Keys, " Deputy City Manager/Internal Services Director RESOLUTION NO. 2019-35 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL CITY OF LODI WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and their employees in the Public Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendments to said Law; and WHEREAS, one of the steps in the procedures to amend this contract is the adoption by the governing body of the public agency of a resolution giving notice of its intention to approve an amendment to said contract, which resolution shall contain a summary of the change proposed in said contract; and WHEREAS, the following is a statement of the proposed change: To provide Section 20516 (Employees Sharing Additional Cost) of 3% for local miscellaneous members in the Unrepresented Confidential Mid -Management group, Unrepresented Confidential General Services group, Unrepresented Executive Management group, Unrepresented Council Appointees group, Lodi City Mid -Management, AFSCME Maintenance and Operators Unit Local 146, Lodi Police Dispatchers group and 2% for local miscellaneous members in the AFSCME General Services Unit Local 146; 3% for local fire members in the Lodi Professional Firefighters and Lodi Fire Mid -Management; and 3% for local police members in the Lodi Police Mid -Management and 3% for classic local police members in the Police Officers Association of Lodi NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency does hereby give notice of intention to approve an amendment to the contract between said public agency and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto, as an "Exhibit" and by this reference made a part hereof. toIlci Date adopted and approved (Amendment) CON -302 (Rev. 3/9/2016 rc) By:. Presiding Officer '1/texA-k ablAA12a*r‘_, Title Dated: March 6, 2019 I hereby certify that Resolution No. 2019-35 was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 6, 2019, by the following vote: AYES: COUNCIL MEMBERS — Johnson, Kuehne, Mounce, Nakanishi, and Mayor Chandler NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None 2019-35 `3---e.AALGute NIFEF31jli. FERRAIOLO ity Clerk Ca1PERS California Public Employees' Retirement System AMENDMENT T CONT r� EXHIBIT A ACT Between the Board of Administration California Public Employees' Retirement System and the City Council City of Lodi The Board of Administration, California Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of the above public agency, hereinafter referred to as Public Agency, having entered into a contract effective June 1, 1966, and witnessed April 27, 1966, and as amended effective July 6, 1966, May 1, 1970, July 1, 1973, July 1, 1977, April 1, 1991, July 7, 1993, June 30, 1996, November 15, 1998, June 12, 2000, May 17, 2003, June 17, 2010 and December 24, 2012 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 16 are hereby stricken from said contract as executed effective December 24, 2012, and hereby replaced by the following paragraphs numbered 1 through 18 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 55 for classic local miscellaneous members, age 62 for new local miscellaneous members, age 50 for classic local safety members entering membership in the safety classification on or prior to December 24, 2012, age 55 for classic local safety members entering membership for the first time in the safety classification after December 24, 2012, and age 57 for new local safety members. PLEASE DO NOT SIGN "EXHIBIT ONLY" 2. Public Agency shall participate in the Public Employees' Retirement System from and after June 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 contracting agency. 3. Public Agency agrees to indemnify, defend and hold harmless the California Public Employees' Retirement System (CaIPERS) and its trustees, agents and employees, the CaIPERS Board of Administration, and the California Public Employees' Retirement Fund from any claims, demands, actions, losses, liabilities, damages, judgments, expenses and costs, including but not limited to interest, penalties and attorney fees that may arise as a result of any of the following: (a) Public Agency's election to provide retirement benefits, provisions or formulas under this Contract that are different than the retirement benefits, provisions or formulas provided under the Public Agency's prior non-CaIPERS retirement program. (b) Any dispute, disagreement, claim, or proceeding (including without limitation arbitration, administrative hearing, or litigation) between Public Agency and its employees (or their representatives) which relates to Public Agency's election to amend this Contract to provide retirement benefits, provisions or formulas that are different than such employees' existing retirement benefits, provisions or formulas. Public Agency's agreement with a third party other than CaIPERS to provide retirement benefits, provisions, or formulas that are different than the retirement benefits, provisions or formulas provided under this Contract and provided for under the California Public Employees' Retirement Law. (c) 4. 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). PLEASE DO NOT SIGN "EXHIBIT ONLY" 5. 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. 6. 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 which represent 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. 7. Benefits paid to pensioners and annuitants under the local system on the effective date of the contract were recalculated, as authorized by Section 20481 of the Government Code, to conform with benefits applicable to persons retiring after the effective date of the contract except that no benefit which would have been payable under the continuation of the local system shall be reduced. 8. The percentage of final compensation to be provided for each year of credited prior and current service for classic local miscellaneous members shall be determined in accordance with Section 21354 of said Retirement Law, subject to the reduction provided therein for service prior to June 30, 1977, termination of Social Security, for members whose service has been included in Federal Social Security (2% at age 55 Full and Modified). 9. The percentage of final compensation to be provided for each year of credited prior and current service as a new local miscellaneous member shall be determined in accordance with Section 7522.20 of said Retirement Law (2% at age 62 Full). 10. The percentage of final compensation to be provided for each year of credited prior and current service as a classic local safety member entering membership in the safety classification on or prior to December 24, 2012 shall be determined in accordance with Section 21362.2 of said Retirement Law (3% at age 50 Full). 11. The percentage of final compensation to be provided for each year of credited current service as a classic local safety member entering membership for the first time in the safety classification after December 24, 2012 shall be determined in accordance with Section 21363.1 of said Retirement Law (3% at age 55 Full). LEASE DO NOT SIGN "EXHIBIT ONLY" 12. The percentage of final compensation to be provided for each year of credited prior and current service as a new local safety member shall be determined in accordance with Section 7522.25(d) of said Retirement Law (2.7% at age 57 Full). 13. Public Agency elected and elects to be subject to the following optional provisions: a. Section 21536 (Local System Service Credit Included in Basic Death Benefit). b. Section 21222.1 (One -Time 5% Increase - 1970). Legislation repealed said Section effective January 1, 1980. c. Sections 21624. and 21626 (Post -Retirement Survivor Allowance) for local miscellaneous members only. d. Section 21573 (Third Level of 1959 Survivor Benefits). e. Section 21427 (Improved Nonindustrial Disability Allowance) for local miscellaneous members only. f. Section 20042 (One -Year Final Compensation) for classic local safety members entering membership on or prior to December 24, 2012. g. Section 20903 (Two Years Additional Service Credit). h, Section 20434 ("Local Fire Fighter" shall include any officer or employee of a fire department employed to perform firefighting, fire prevention, fire training, hazardous materials, emergency medical services, or fire or arson investigation services as described in Government Code Section 20434). i. Section 20965 (Credit for Unused Sick Leave). j. Section 20938 (Limit Prior Service to Members Employed on Contract Date) for elected officials employed on November 15, 1998. k. Section 21024 (Military Service Credit as Public Service). I. Section 20475 (Different Level of Benefits): Section 21363.1 (3% @ 55 Full forumula) and Section 20037 (Three - Year Final Compensation), are applicable to classic local safety members entering membership for the first time with this agency in the safety classification after Decemeber 24, 2012. m. Section 20516 (Employees Sharing Additional Cost): PLEASE DO NOT SIGN "EXHIBIT ONLY" From and after the effective date of this amendment to contract, 3% for local miscellaneous members in the Unrepresented Confidential Mid -Management group, Unrepresented Confidential General Services group, Unrepresented Executive Management group, Unrepresented Council Appointees group, Lodi City Mid - Management, AFSCME Maintenance and Operators Unit Local 146 and Lodi Police Dispatchers group. From and after the effective date of this amendment to contract, 2% for local miscellaneous members in the AFSCME General Services Unit Local 146. From and after the effective date of this amendment to contract, 3% for local fire members in the Lodi Professional Firefighters and Lodi Fire Mid -Management unit. From and after the effective date of this amendment to contract, 3% for local police members In the Lodi Police Mid -Management unit. From and after the effective date of this amendment to contract, 3% for classic local police members in the Police Officers Association of Lodi. The portion of the employer's contribution that the member agrees to contribute from his or her compensation, over and above the member's normal contribution ("Cost Sharing Percentage"), shall not exceed the Employer Normal Cost Rate, as that rate is defined in the CaIPERS Actuarial Valuation for the relevant fiscal year. If the Cost Sharing Percentage will exceed the relevant Employer Normal Cost Rate, the Cost Sharing Percentage shall automatically be reduced to an amount equal to, and not to exceed, the Employer Normal Cost Rate for the relevant fiscal year. 14. Public Agency, in accordance with Government Code Section 20790, ceased to be an "employer" for purposes of Section 20834 effective on January 1, 1977. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20834, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20834. 15. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior and future service liability with respect to local miscellaneous members and local safety members of said Retirement System. 16. Public Agency shall also contribute to said Retirement System as follows: a. Contributions required per covered member on account of the 1959 Survivor Benefits provided under Section 21573 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 survivors of all local miscellaneous members and local safety members. b. A reasonable amount, as fixed by the Board, payable In one installment 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. c. A reasonable amount, as fixed by the Board, payable in one installment 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. 17. 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. 18. 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 Tess 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 effective on the BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETI. MENT SYSTEM BY ARNITA PAIGE, CHI I PENSION CONTR4 S AND PREFUNDING PROGRAMS DIVLSIDN PUBLIC EMPLCAPI S' RETIREMENT SYSTEM 4 AMENDMENT CaIPERS ID 46448562990 PERS-CON-702A day of CITY COUNCIL CITY OF LODI BY PRESIDING OFFER GJ Witneskyae Atteti Clerk Approved ae to Form: JANICE D. MAGDICH City Attorney ORDINANCE NO. 1961 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 ADMINISTATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM THE CITY COUNCIL OF THE CITY OF LODI DOES ORDAIN AS FOLLOWS: SECTION 1. 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 true and correct copy of the Amendment to Contract ("Amendment") is attached hereto as Exhibit A and made a part hereof as though fully set forth herein. SECTION 2. The Mayor of the City of Lodi is hereby authorized, empowered, and directed to execute the Amendment for and on behalf of the City of Lodi. SECTION 3. This Ordinance shall be published one time in the "Lodi News Sentinel", a daily newspaper of general circulation printed and published in the City of Lodi, and shall take effect thirty days from and after the passage and approval by the City Council of the City of Lodi. Approved this day of April, 2019 ATTEST: Mark Chandler Mayor JENNIFER M. FERRAIOLO City Clerk I, Jennifer M. Ferraiolo, City Clerk of the City of Lodi, do hereby certify that Ordinance No. 1961 was introduced at a regular meeting of the City Council of the City of Lodi held March 6, 2019, and was thereafter passed, adopted, and ordered to print at a regular meeting of said Council held , 2019, by the following vote: AYES: COUNCIL MEMBERS — NOES: COUNCIL MEMBERS — ABSENT: COUNCIL MEMBERS — ABSTAIN: COUNCIL MEMBERS — I further certify that Ordinance No. 1961 was approved and signed by the Mayor on the date of its passage and the same has been published pursuant to law. Approved as to Form: JENNIFER M. FERRAIOLO City Clerk JANICE D. MAGDICH City Attorney Ca1PERS AMEN California Public Employees' Retirement System MENT TO CONT EXHIBIT A ACT Between the Board of Administration California Public Employees' Retirement System and the City Council City of Lodi The Board of Administration, California Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of the above public agency, hereinafter referred to as Public Agency, having entered into a contract effective June 1, 1966, and witnessed April 27, 1966, and as amended effective July 6, 1966, May 1, 1970, July 1, 1973, July 1, 1977, April 1, 1991, July 7, 1993, June 30, 1996, November 15, 1998, June 12, 2000, May 17, 2003, June 17, 2010 and December 24, 2012 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 16 are hereby stricken from said contract as executed effective December 24, 2012, and hereby replaced by the following paragraphs numbered 1 through 18 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 55 for classic local miscellaneous members, age 62 for new local miscellaneous members, age 50 for classic local safety members entering membership in the safety classification on or prior to December 24, 2012, age 55 for classic local safety members entering membership for the first time in the safety classification after December 24, 2012, and age 57 for new local safety members. PLEASE DO NOT SIGN "EXHIBIT ONLY" 2. Public Agency shall participate in the Public Employees' Retirement System from and after June 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 contracting agency. 3. Public Agency agrees to indemnify, defend and hold harmless the California Public Employees' Retirement System (CaIPERS) and its trustees, agents and employees, the CaIPERS Board of Administration, and the California Public Employees' Retirement Fund from any claims, demands, actions, losses, liabilities, damages, judgments, expenses and costs, including but not limited to interest, penalties and attorney fees that may arise as a result of any of the following: (a) Public Agency's election to provide retirement benefits, provisions or formulas under this Contract that are different than the retirement benefits, provisions or formulas provided under the Public Agency's prior non-CaIPERS retirement program. (b) Any dispute, disagreement, claim, or proceeding (including without limitation arbitration, administrative hearing, or litigation) between Public Agency and its employees (or their representatives) which relates to Public Agency's election to amend this Contract to provide retirement benefits, provisions or formulas that are different than such employees' existing retirement benefits, provisions or formulas. (c) Public Agency's agreement with a third party other than CaIPERS to provide retirement benefits, provisions, or formulas that are different than the retirement benefits, provisions or formulas provided under this Contract and provided for under the California Public Employees' Retirement Law. 4 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). PLEASE DO NOT SIGN "EXHIBIT ONLY" 5. 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. 6. 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 which represent 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. 7. Benefits paid to pensioners and annuitants under the local system on the effective date of the contract were recalculated, as authorized by Section 20481 of the Government Code, to conform with benefits applicable to persons retiring after the effective date of the contract except that no benefit which would have been payable under the continuation of the local system shall be reduced. 8. The percentage of final compensation to be provided for each year of credited prior and current service for classic local miscellaneous members shall be determined in accordance with Section 21354 of said Retirement Law, subject to the reduction provided therein for service prior to June 30, 1977, termination of Social Security, for members whose service has been included in Federal Social Security (2% at age 55 Full and Modified). 9. The percentage of final compensation to be provided for each year of credited prior and current service as a new local miscellaneous member shall be determined in accordance with Section 7522.20 of said Retirement Law (2% at age 62 Full). 10. The percentage of final compensation to be provided for each year of credited prior and current service as a classic local safety member entering membership in the safety classification on or prior to December 24, 2012 shall be determined in accordance with Section 21362.2 of said Retirement Law (3% at age 50 Full). 11. The percentage of final compensation to be provided for each year of credited current service as a classic local safety member entering membership for the first time in the safety classification after December 24, 2012 shall be determined in accordance with Section 21363.1 of said Retirement Law (3% at age 55 Full). LEASE DO NOT SIGN "EXHIBIT ONLY" 12. The percentage of final compensation to be provided for each year of credited prior and current service as a new local safety member shall be determined in accordance with Section 7522.25(d) of said Retirement Law (2.7% at age 57 Full). 13. Public Agency elected and elects to be subject to the following optional provisions: a. Section 21536 (Local System Service Credit Included in Basic Death Benefit). b. Section 21222.1 (One -Time 5% Increase - 1970). Legislation repealed said Section effective January 1, 1980. c. Sections 21624 and 21626 (Post -Retirement Survivor Allowance) for local miscellaneous members only. d. Section 21573 (Third Level of 1959 Survivor Benefits). e. Section 21427 (Improved Nonindustrial Disability Allowance) for local miscellaneous members only. f. Section 20042 (One -Year Final Compensation) for classic local safety members entering membership on or prior to December 24, 2012. g. Section 20903 (Two Years Additional Service Credit). h. Section 20434 ("Local Fire Fighter" shall include any officer or employee of a fire department employed to perform firefighting, fire prevention, fire training, hazardous materials, emergency medical services, or fire or arson investigation services as described in Government Code Section 20434). j. Section 20965 (Credit for Unused Sick Leave). Section 20938 (Limit Prior Service to Members Employed on Contract Date) for elected officials employed on November 15, 1998. k. Section 21024 (Military Service Credit as Public Service). I. Section 20475 (Different Level of Benefits): Section 21363.1 (3% @ 55 Full forumula) and Section 20037 (Three - Year Final Compensation), are applicable to classic local safety members entering membership for the first time with this agency in the safety classification after Decemeber 24, 2012. m. Section 20516 (Employees Sharing Additional Cost): PLEASE DO NOT SIGN "EXHIBIT ONLY" From and after the effective date of this amendment to contract, 3% for local miscellaneous members in the Unrepresented Confidential Mid -Management group, Unrepresented Confidential General Services group, Unrepresented Executive Management group, Unrepresented Council Appointees group, Lodi City Mid - Management, AFSCME Maintenance and Operators Unit Local 146 and Lodi Police Dispatchers group. From and after the effective date of this amendment to contract, 2% for local miscellaneous members in the AFSCME General Services Unit Local 146. From and after the effective date of this amendment to contract, 3% for local fire members in the Lodi Professional Firefighters and Lodi Fire Mid -Management unit. From and after the effective date of this amendment to contract, 3% for local police members in the Lodi Police Mid -Management unit. From and after the effective date of this amendment to contract, 3% for classic local police members in the Police Officers Association of Lodi. The portion of the employer's contribution that the member agrees to contribute from his or her compensation, over and above the member's normal contribution ("Cost Sharing Percentage"), shall not exceed the Employer Normal Cost Rate, as that rate is defined in the CaIPERS Actuarial Valuation for the relevant fiscal year. If the Cost Sharing Percentage will exceed the relevant Employer Normal Cost Rate, the Cost Sharing Percentage shall automatically be reduced to an amount equal to, and not to exceed, the Employer Normal Cost Rate for the relevant fiscal year. 14. Public Agency, in accordance with Government Code Section 20790, ceased to be an "employer" for purposes of Section 20834 effective on January 1, 1977. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20834, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20834. 15. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior and future service liability with respect to local miscellaneous members and local safety members of said Retirement System. 16. Public Agency shall also contribute to said Retirement System as follows: a. Contributions required per covered member on account of the 1959 Survivor Benefits provided under Section 21573 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 survivors of all local miscellaneous members and local safety members. b. A reasonable amount, as fixed by the Board, payable in one installment 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. c. A reasonable amount, as fixed by the Board, payable in one installment 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. 17. 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. 18. 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 effective on the BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RET L MENT SYSTEM L-. BY ARNITA PAIGE, CHI PENSION CONTR4JS AND PREFUNDING PROGRAMS DIVLSIQN PUBLIC EMPL'IS' RETIREMENT SYSTEM AMENDMENT CaIPERS ID #6448562990 PERS-CON-702A day of CITY COUNCIL CITY OF LODI BY PRESIDING OFFI'R GJ Witnesk to Atteti Clerk Approved as to Form: JANICE D. MAGDICH City Attorney DECLARATION OF POSTING ORDINANCE NO. 1961 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 On Thursday, March 6, 2019, in the City of Lodi, San Joaquin County, California, a certified copy of Ordinance No. 1961 (attached hereto, marked Exhibit "A") was posted in the Lodi City Clerk's Office. I declare under penalty of perjury that the foregoing is true and correct. Executed on March 6, 2019, at Lodi, California. Lino72'Jwc) ORDERED BY: JENNIFER M. FERRAIOLO CITY CLERK Pamela M. Farris Sylvia Dominguez Deputy City Clerk Administrative Clerk ord summaries\aaDecPost. doc ORDINANCE NO. 1961 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 ADMINISTATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM �EXNi�31T R� THE CITY COUNCIL OF THE CITY OF LODI DOES ORDAIN AS FOLLOWS: SECTION 1. 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 true and correct copy of the Amendment to Contract ("Amendment") is attached hereto as Exhibit A and made a part hereof as though fully set forth herein. SECTION 2. The Mayor of the City of Lodi is hereby authorized, empowered, and directed to execute the Amendment for and on behalf of the City of Lodi. SECTION 3. This Ordinance shall be published one time in the "Lodi News Sentinel", a daily newspaper of general circulation printed and published in the City of Lodi, and shall take effect thirty days from and after the passage and approval by the City Council of the City of Lodi. Approved this day of April, 2019 ATTEST: Mark Chandler Mayor JENNIFER M. FERRAIOLO City Clerk I, Jennifer M. Ferraiolo, City Clerk of the City of Lodi, do hereby certify that Ordinance No. 1961 was introduced at a regular meeting of the City Council of the City of Lodi held March 6, 2019, and was thereafter passed, adopted, and ordered to print at a regular meeting of said Council held , 2019, by the following vote: AYES: COUNCIL MEMBERS — NOES: COUNCIL MEMBERS — ABSENT: COUNCIL MEMBERS — ABSTAIN: COUNCIL MEMBERS — 1 further certify that Ordinance No. 1961 was approved and signed by the Mayor on the date of its passage and the same has been published pursuant to law. Approved as to Form: JANICE D. MAGDICH City Attorney JENNIFER M. FERRAIOLO City Clerk Tito for going document is certified to boa correct copy of the original on filo In the City Clerk's Ohba. Pamela M. Paola Deputy City Clerk, City of Lodi �Y ` 12.(z) C • Dated: 3/ -77/ g PLEASE 00 NOT SIGN "EXHIBIT ONLY" 2. Public Agency shall participate in the Public Employees' Retirement System from and after June 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 contracting agency. 3. Public Agency agrees to indemnify, defend and hold harmless the California Public Employees' Retirement System (CaIPEFIS) and its trustees, agents and employees, the CaIPERS Board of Administration, and the California Public Employees' Retirement Fund from any claims, demands, actions, losses, liabilities, damages, judgments, expenses and costs, including but not limited to interest, penalties and attorney fees that may arise as a result of any of the following: (a) Public Agency's election to provide retirement benefits, provisions or formulas under this Contract that are different than the retirement benefits, provisions or formulas provided under the Public Agency's prior non-CaIPERS retirement program. (b) Any dispute, .disagreements claire, or proceeding (including. -Without limitation aabitratlotr, administrative shearing, or litigation) between Public. Agency and its empiayees (or' their representatives) which relates to Public Agency's election to amend this Contract to provide retirement benefits, provisions or formulas that :are different than such employees' existing retirement benefits, provisions:or formulas. Public Agency's agreement with a third party other than CaIPERS to provide retirement benefits, provisions, or formulas that are different than the retirement benefits, provisions or formulas provided under this Contract and provided for under the California Public Employees' Retirement Law. (c) 4. 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). PLEASE DO NOT SIGN "EXHIBIT ONLY" 5. 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 CIS THEREAFTEEl t. 6, 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 which represent 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. 7. Benefits paid to pensioners and annuitants under the local system on the effective date of the contract were recalculated, as authorized by Section 20481 of the Government Code, to conform with benefits applicable to persons retiring after the effective date of the contract except that no benefit which would have been payable under the continuation of the local system shall be reduced. 8, The percentage of final compensation to be provided for each year of credited prior and current service for classic local miscellaneous members shall be determined in accordance with Section 21354 of said Retirement Law, subject to the reduction provided therein for service prior to June 30, 1977, termination of Social Security, for members whose service has been included in Federal Social Security (2% at age 55 Full and Modified). 9. The percentage of final compensation to be provided for each year of credited prior and current service as a new local miscellaneous member shall be determined in accordance with Section 7522.20 of said Retirement Law (2% at age 62 Full). 10. The percentage of final compensation to be provided for each year of credited prior and current service as a classic local safety member entering membership in the safety classification on or prior to December 24, 2012 shall be determined in accordance with Section 21362.2 of said Retirement Law (3% at age 50 Full). 11. The percentage of final compensation to be provided for each year of credited current service as a classic local safety member entering membership for the first time in the safety classification after December 24, 2012 shall be determined in accordance with Section 21363.1 of said Retirement Law (3% at age 55 Full). LEASE DO NOT SIGN "EXHIBIT ONLY" 12. The percentage of final compensation to be provided for each year of croditod prior and current service as a new local safety member shall be determined in accordance with Section 7522.25(d) of said Retirement Law (2.7% at age 57 Full). 13, Public Agency elected and elects to be subject to the following optional provisions: a. Section 21536 (Local System Service Credit Included in Basic Death Benefit). b. Section 21222.1 (One -Time 5% Increase - 1970). Legislation repealed said Section effective January 1, 1980, c, Sections 21624. and 21626 (Post -Retirement Survivor Allowance) for local miscellaneous members only. d. Section 21573 (Third Level of 1959 Survivor Benefits). e, Section 21427 (Improved Nonindustrial Disability Allowance) for local miscellaneous members only. f. Section 20042 (One -Year Final Compensation) for classic local safety mernbers entering membership on or prior to December 24, 2012, g. Section 20903 (Two Years Additional Service Credit). h. Section 20434 (°Local Fire Fighter" shall include any officer or employee of .a fine department employod to perform firefighting, fire prevention, fire traininrj, .hazardous materials., emergency; medical services, or fire or arson investigation serviberS as described in Government Code Section 20434), i. Section 20965 (Credit for Unused Sick Leave). j. Section 2.0938 (Limit Prior Sorvice to Members Employed an Contract Date) for elected officials employed on November 15, 1998. k. Section 21024 (Military Service Credit as Public Service). I. Section 20475 (Different Level of Benefits): Section 21363.1 (3%`Q 55 Full forumula) and •Section 20037 (Three Year Final Compensation), are applicable to classic local safety members entering 'membership for the first time with this agency in the safety classlflcatIon after Decemeber 24, 2012. m. Section 20516 (Employees Sharing Additional Cost): PLEASE DO NOT SIGN "EXHIBIT ONLY" From and after the effective date of thls amendment to contract, 3% for local miscellaneous members in the Unrepresented Confidential Mid -Management group, Unrepresented Confidential General Services group, Unrepresented Executive Management group, Unrepresented Council Appointees group, Lodi City Mid - Management, AFSCME Maintenance and Operators Unit Local 146 and Lodi Police Dispatchers group. From and after the effective date of this amendment to contract, 2% for local miscellaneous members in the AFSCME General Services Unit Local 146. From and after the effective date of this amendment to contract, 3% for local fire members in the Lodi Professional Firefighters and Lodi Fire Mid -Management unit. From and after the effective date of this amendment to contract, 3% for local police members in the Lodi Police Mid -Management unit. From and after the effective date of this amendment to contract, 3% for classic local police members in the Police Officers Association of Lodi. The portion of the employer's contribution that the member agrees to contribute from his or her compensation, over and above the member's normal contribution ("Cost Sharing Percentage"), shall not exceed the Employer Normal Cost Rate, as that rate is defined in the CaIPERS Actuarial Valuation for the relevant fiscal year, If the Cost Sharing Percentage will exceed the relevant Employer Normal Cost Rate, the Cost Sharing Percentage shall automatically be reduced to an amount equal to, and not to exceed, the Employer Normal Cost Hate for the relevant fiscal year. 14. Public Agency, in accordance with Government Code Section 20790, ceased to be an "employer" for purposes of Section 20834 effective on January 1, 1977. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20634, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20834. 15. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuations of prior and future service liability with respect to local miscellaneous members and local safety members of said Retirement System. 16. Public Agency shall also contribute to said Retirement System as follows: a. Contributions required per covered member on account of the 1959 Survivor Benefits provided under Suction 21573 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 survivors of all local miscellaneous members and Local safety members. B. b, A reasonable amount, as fixed by the Board, payable in one installment 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. c. A reasonable amount, as fixed by the Board, payable in one installment 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. 17. 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. 18. Contributions required of Public Agency and its employees shall be paid by Public Agcrncy 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 i'nr any period, proper adjustment shall be made In connection with subsequont remittances. Adjustments on account of errors in contributions required of any employee may be made by direct payments between the employee and the Board. This amendment shall be effective on the BOARD `OF ADMINISTIRATIO J f UI LIC:EM1PLOYEES''RET*MIENT SYSTEM BY ARNITA PAIGE, CHI r PENSION CONTRA'S AND PREFUNDING PROGRAMS DIVISION PUBLIC EMPL . ES' RETIF'1EMENT SYSTEM rte, r AMENDMENT CaIPERS ID 46448562990 PERS-CON-702A day of CITY COUNCIL CITY OF LODI BY PRESIDING OEFIS. Fi ..., • Witne a o Atte Clerk Approved ee to Farm JANICI i], 1VAGO1CFi. _____._. City Attorney ��,