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HomeMy WebLinkAboutAgenda Report - November 6, 2019 H-01AGENDA ITEM H-l Crrv or Lonr C ouxcrr-, CovTMUNICATToN AGENDA TITLE:Adopt Resolution of lntention 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 lntroduce Ordinance Amending the Contract Between PERS and the City of Lodi With Regard to Providing Government Code Section 20516 (Employees Sharing Additional Cost) of 6 Percent for New Local Police Members in the Police Officers Association of Lodi MEETING DATE: November 6, 2019 PREPARED BY: Human Resources Manager RECOMMENDED ACTION: Adopt Resolution of lntention 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 6 percent new'local police members in the Police Officers Association of Lodi. BACKGROUND INFORMATION: Recently, the City negotiated a new labor agreement (MOU) with the Police Officers Association of Lodi (POAL). The parties mutually agreed to enter into a cost-sharing agreement whereby new local police members will pay 6 percent of the employer's normal contribution toward CaIPERS, pursuant to Government Code Section 20516. This is in addition to cost sharing negotiated during the previous contract. As such, the City must formally amend its contract with CaIPERS to include this new cost-sharing provision for new local police members (PEPRA). Ïhere are various steps in the process to amend the contract between CaIPERS and the City. The first step is to adopt the Resolution of lntention and to introduce the Ordinance amending the contract. The second step is the final reading and adoption of the Ordinance, scheduled to occur on December 4, 2019. lf adopted, the contract will be amended effective January 13,2020. Employees will begin their cost-sharing deduction as of January 13, 2020. Per the MOU, POAL PEPRA members will begin paying an additional 6 percent normal cost on November 4,2019. Until this contract amendment is finalized, the City will be credited for those contributions. The intent of the amendment is to require CaIPERS to credit those extra contributions to the employee's personal account. FISCAL IMPACT There is no cost associated with this action. By approving the contract amendment, the City Councilwill be allowing POAL PEPRA members to have the 6 percent employer contribution credited to their individual account rather than the City account. This is similar to all other cost- sharing arrangements the City has with other bargaining groups. FUNDING AVAILABLE: Not applicable IM APPROVED: , City Manager Ad e Post, Human Resources Manager :D,. Andrew Keys, Deputy City Manager/lnternal Services Director @ SUBJECT: PUBLISH DATE: CITY OF LODI P. O. BOX 3006 LODI, CALIFORNIA 9524T-I9IO ADVERTISING INSTRUCTIONS FULL TEXT OF ORDINANCE NO. I973 SATURDAY, DECEMBER 7, 2019 Pleøse immediøtely conÍirm receipt o this øx cøllin 3 3 3-6702 I r GAL AD TEAR SHEETS WANTED: One (l) please SEND AFFIDAVIT AND BILL TO LNS ACCT. #Osl0052 DATED: ORDERED BY: THURSDAY, DECEMBER 5, 2019 JENNIFER M. FERRAIOLO CITY CLERK JENNIFER M. FERRAIOLO, CITY CLERK City of Lodi P.O. Box 3006 Lodi, CA 95241-1910 KAYLEE CLAYTON ADMINISTRATIVE CLERK PAMELA M. FARRIS ASSISTANT CITY CLERK er-Co to FileVerify Appearance of this Legal in the News SEND PROOF OF ADVERTISEMENT, THANK YOU!! IEmailed to the Sentinel at classifiedl@lodinews.com at on ate) N:\Administration\CLERK\OrdSummaries\Advins full text.doc CITY OF LOD¡ The text of Ordinance No. 1973, which is for the purpose of authorizing an amendment to the contract between the City of Lodi and the Board of Administration of the California Public Employees' Retirement System, is hereby published in its entirety below as adopted by the Lodi City Council on December 4,2019. ORDINANCE NO. I973 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LODI AUTHORIZING AN AMENDMENT TO THE GONTRAGT BETWEEN THE CITY COUNC¡L OF THE CITY OF LODI AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC :g::Iå==t=$H:yflI=t="=r:L==================================== 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 Cityof 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 available in the City Clerk's Office and made a part hereof as though fully set forth herein. S N 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 4th day of December,2}lg ATTEST: Mark Chandler Mayor JENNIFER M. FERRAIOLO City Clerk l, Jennifer M. Ferraiolo, City Clerk of the City of Lodi, do hereby certify that OrdinanceNo. l9T3wasintroducedataregularmeetingof theCityCouncil of theCity of Lodi held November 6, 2019, and was thereafter passed, adopted, and ordered to print at a regular meeting of said Council held December 4,2019, by the following vote: AYES: couNcll MEMBERS - Johnson, Kuehne, Mounce, Nakanishi, and Mayor Chandler NOES: COUNCIL MEMBERS - None ABSENT: COUNCIL MEMBERS - None ABSTAIN: COUNCIL MEMBERS - None lfurther certify that Ordinance No. 1973 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 DECLARATION OF POSTING ORDINANCE NO. 1973 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 CAL¡FORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM On Thursday, December 5, 2019, in the City of Lodi, San Joaquin County, California, a certified copy of Ordinance No. 1973 (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 December 5,2Q19, at Lodi, California ORDERED BY: JENNIFER M. FERRAIOLO CITY CLERK Pamela M. Farris Assistant City Clerk Kaylee Clayton Administrative Clerk ordsummaríes\aaDecPost. doc ORDINANCE NO. 1973 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 LODIAND 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 4th day of December, 2019 ATTEST: MARK CHANDLER Mayor JENNIFER M. FERRAIOLO City Clerk l, Jennifer M. Ferraiolo, City Clerk of the City of Lodi, do hereby certify that Ordinance No. 1973 was introduced at a regular meeting of the City Council of the City of Lodi held November 6, 2019, and was thereafter passed, adopted, and ordered to print at a regular meeting of said Council held December 4,2019, by the foflowing vote: AYES: COUNCIL MEMBERS - Johnson, Kuehne, Mounce, Nakanishi, and Mayor Chandler NOES: COUNCIL MEMBERS - None ABSENT: COUNCIL MEMBERS - None ABSïAIN: COUNCIL MEMBERS - None I further certify that Ordinance No. 1973 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 CaIPERS EXHIBIT A California Public Employees' Retirement System <Þ AT{ENDMENT TO CONTRACT Between the Board of .{dmlnisffition Cåtiforn¡â Publlc Employeert Retireroent Syttêm and the City Councll City of Lodt r-rrlrßÕ The Board of Administration, California Publlc Employees' Rotlrement System, hereinafter referred to ae Board, and the governing body of the above public agency, hereinafrer referred to as Public Agency, having entered into a oontract effeotive June 1, 1966, and witnessed April27, 1966, and as amended effective July6, 1966, May 1, 1970, July 1, 1973, July 1,1977, April 1, 1991, July7, 1993, June30, 1996, November 15, 1998, June 12,2000, May 17,2003, June 17,2010, Decomber 24,2A12 and May20, 2019 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A,Paragraphs 1 through 18 are hereby stricken from said contract as exeouted effective May 20, 2019, and hereby replaced by the following paragraphs numbered 1 through 18 inclusive: 1, All words and terms used herein which are defined ln the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided, "Normal retlrement age" shall mean age 55 for classic local miscellaneous members, age 62 for new local miscelleneous members, age 50 for classic local safety members entering membership in the safety classification on or priorto December 24,2012, age 55 for classic local safety members entering membership for the first tlme in the safety classification after December 24, 2012, and age 57 for new local safety members. 5. 6 PLEASE DO NOT Sh]N "EXHIBIT OÍ{LY'' ln 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: â. PERSONS GOMPENSATED ON AN HOURLY BASIS WHO ARE HIRED JUNE I, I966 OR THEREAFTER, Assets heretofore accumulated with respect to members in the local retirement system have been transferred to the Public Employees' Retirement System and applied agalnst the liability for priorservice incurred thereunder. That portion of the assets so transferred whlch represent the accumulated contributions (plus interest thereof) required of the employees under said looal system has been credited to the individual membership account of each such employee under the Public Employees' Retirement System, Benefits paid to pensioners and annuitants under the local systern on the effective date of the contraot were recalculated, as authorized by Section 20481 of the Government Code, to conform with benefits applicable to persons retiring afterthe offective date of the contract except that no benefit which would have been payable under the continuation of the local system shall be reduced, L The percentage of final compen$ation to be provided for each year of credited prior and current service for classic local miscellaneous members shall be determined ln accordance with Section 21354 of said Retirement Law, subject to the reduction provided therein for service prior to June 30, 1977, termination çf Social Security, for members whose service has been included in Federal SocialSecurity (2â/o at age 55 Fulland Modifled), 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 (2o/o 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 rnembership in the safety classlfication on or prior to Decembe¡ 24,2012 shall be detormined in accordance wlth SEction 21362,2 of said Retlrement Law (30/o 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 membershíp for the first time in the safety classification after December 24, 2012 shall be deterrnined in accordance with Section 21363.1 of said Retirement Law (3% at age 55 Full). 7 PLEA$E D0 NOT SlCi! "t_XHlBlT Ot',t!v'12. The percentage of final cornpensatíon to be proviðeð foi'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 (2.7o/o at age 57 Full). 13. Publlc Agency elected and elects to be subject to the following optional provisions: a, Section 21536 (Local Systom Servlce Credit lncluded in Basic Death Benefit). Section 21222.1 (One-Tíme 5% lncrease - 1970). Legislation repealed said Section effective January 1, 1980, Sections 21624 and 21626 (Post-Retirement SurvivorAllowance) for local miscellaneous members only. Seotion 21573 (Third Level of 1959 $urvivor Benefits), Section 21427 (lmproved Nonindustrial Disability Allowance) for local miscellaneous mernbers only. Section 20042 (One-Year Final Compensation) for classic local safety members entering rnembership on or prior to December 24, 2012, Section 20903 (Two Years Additional Service Credit). Section 20434 ("Local Fire Fighter" shall include any officer or employee of a fire,department employed to perform firefightlng¡ fire prevention, fire tralnlng, hazârdous mateiials¡ emergency rnedical services, or firs or ärson investigati'on seruices as described in Government Code Section 20434r. Section 20965 (Credit for Unused Sick Leave), Section 20938 (Limit Prior Service to Members Emplo¡red on Contract Date) for elected officiale employed on November 15, 1998. Section 21024 (Military Service Credit as Public Service). Section 20E75 (Different'Levelof Benefits): $ection 213ô3.1 (3% @55 Full forumula) and Seclion 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 Decemebe r 24, 2012, b c, d, e, f g. h, k. ¡. lTl,Sestion 20516 (Employees Sharing Additional Cost): PLEASE DO NOT SION ..ËXHIBIT OI'JLY', From and after May 20, 2019, 3o/o Íor local miscellaneous membersln the Unrepresented Confidential Mid-Management group, Un rep resented Confid ential General Services g rou p, Un rep resented Executive Management group, Unrepresented Gouncil Appolntees group, Lodi City Mid-Management, AFSCMÉ Maintenance and Operators Unit Local 146 and Lodl Police Dispatchers group. From and after May 20, 2019, 2o/o for local miscellaneous members fn the AFSCME General Services Unit Local 146. From and after May 20, 2019, 3o/oÍor local fire mernbers in the Lodi Professional Firefighters and Lodi Fire Mid-Management unit. From and after May 20, 2019, 3% for local police members in the Lodl Police Mid'Management unlt. From and after May 20, 2019, 3o/olo¡ classic local police members in the Police Officers Association of Lodi. Frorn and after the effective date of this amendment to contract, 6% for new local políce members in the Police Officers Association of Lodi, The portion of the employer's contribution that the member agrees to contribute from hls or her compensalion, over and above the member's normalcontribution ("Cost Sharing Percentage"), shall not exceed the Employer Normal Cost Rate, as that rate ls defined in the CaIPERS Actuarial Valuation for the relevant fiscal year. lf the Cost Sharing Percentage will exceed the relevant Employer NormalCost Rate, the Cost Sharing Percentage shallautomatically be reduced to an amount equal to, and not to exceed, the Employer Normal Cost Rate for the relevant fiscalyear. 14. Public Agency, in accordance with Government Code Sectlon 20790, ceased to be an "employe/' for purposes of Section 20834 effective on January 1,1977. Accumulated contributions of Public Agency shall be flxed 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 $ystem the contributions determined by actuarial valuations of prior and future service liability with respect to local miscellaneous members and looal safety members of said Retirement System, Pubtic Agency shall also contribute to said Retirement System as follows: a. Contrlbutions requlred per covered member on account of the 1959 Survivor Benefits provided under Section 21573 of said Retirement Law, (Subfectto annualchange.) ln addition, allassets and liabilities of Public Agency and its employees shall be pooled in a single 16. 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 lncluding the costs of special valuations or of the periodic investigation and valuations required by law, A reasonable amount, as fixed by the Board, payable in one installment as the occasions ariss, to cover the costs of special valuations on account of employees of Public Agency, and costs of the periodic lnvestigation and valuations required by law. Gontributions required of Public Agency and lts 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, Gontributions required of Public Agency and its employees shall be pald by Public Agency to the Retirement System within fifteen days after the end of the period to which said contributfons refer or as may be prescribed by Board regulatlon. lf 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 orrors in contributions required of any employee may be made by direct payments between the employee and the Board. B, This amendment shall be on the day of JT--- BOARD OF ADMINI CITY COUNCIL SYSTEM CIW OF LODIPUBLIC EMPLOYEES' ARN PRESI NG ER PENSION CO AND PREFUNDING b c 17, 18. PROGRAMS roN PUBLIC AMENDMENT CaIPERS lD #8448562990 PËRS-CON.7o2A ' RETIREMENT SYSTEM 1r\r't , !^\sr:i .)-'¡-'\r'(- i¡ \.\',1 BY .c. j , ..'' ) Clerk DECLARATIO OF POSTING ORDINANCE NO. I973 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, November7,2019, in the City of Lodi, San Joaquin County, California, a certified copy of Ordinance No. 1973 (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 November7,2019, at Lodi, California ORDERED BY JENNIFER M. FERRAIOLO CITY CLERK Pamela M. Farris Deputy City Clerk Kaylee Clayton Administrative Clerk ordsummaries\aaDecPost- doc ORDINANCE NO. 1973 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 LODIAND 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 Lo._di 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 dailynewspaper 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 Councii of the City of Lodi. Approved this 4th day of December, 201g ATTEST: MARK CHANDLER Mayor Approved as to Form JENNIFER M. FERRAIOLO City Clerk JANICE D. MAGDICH City Attorney EKþ{ IffiIî A JENNIFER M. FERRAIOLO City Clerk l, Jennifer M. Ferraiolo, City Clerk of the City of Lodi, do hereby certify that OrdinanceNo. 1973 was introduced at a regular meeting of the City Counc¡t oi tne iity ot Lodi hetd November 6,2019, and was thereafter passed, adopted, and ordered to print at a regular meeting ofsaid Council held December 4,2019, by the following vote: AYES: COUNCIL MEMBERS - NOES: COUNCIL MEMBERS - ABSENT: COUNCIL MEMBERS - ABSTAIN: COUNCIL MEMBERS - I further certify that Ordinance No. 1973 was approved and signed by the Mayor on the dateof its passage and the same has been published pursuant to law. CaIFERS EXH|Bff A Galifornia Public Employees' Retirement System '==:**---T {Þ tt-**'*-tt-=t-- AT{ENDMENT TO CONTRACT Betweçn the Bsard of ^tttlffimaüonc-alifornia Publie Employees' Retfuement system and'the City CounsÍl City of lndi bû=..rd{Þ-..* The Board of Administration, California Publlc Employees, Retirernent System,hereinafter referred to as Board, and the governing UoOy of the above fublic .é"nry,hereinafter referred !o. as..llblia_fgency, nÑing entéred iñto a oontract efedive June 1,1966, and witnessed Ap_ril27, 1966, aná as amınded effective July6, ìgoô, ¡r¡äv 1,ìöió:jllfl,.1973, Jrly]., 1_9_77, Aprit 1, 19.91, Juiy Jl J999, June go, r'gg6, ñor.mber 15,1998, June 12, 2000,_May 12,2009, Jrye 12, zö1a, Däcember h+, ioiz and May 20i2019 which provides for participation of public Agency in said system-àoãrd and public Agency hereby agree as foltows: A, Paragraphs I through 18 are hereby stricken from said contract as executedeffective May 20, 2019, and hereby replaced by the toriowinb paragraphsnumbered 1 through lB inclusive: 1, All words and terms used herein which are defined ln the public Employees' Retirement Law shall have the meaning as defined therein unless oihei'tvisespecifically providod, "Normal retirement age" shallmean agà 55 for classiclocal miscellaneous members, age 62-for new local-miscellaneous memb-ere, ?ge 5_0 for classic local sãlety members entering membership inthe safety classification on or prior to Debemb er 24,2012.ãg" sO for classiclocal safety members entering^membe-rship for the first'tirñe in the iãietvclassification after December 24, ZO1Z, and age 57 for new locEl sàfãiúmembers. 2. 3. PLËASE DO NOT SIGÍ\I "EXHIBIT ONLY', Pub I ic Agelcy s halr particþate in the.pub ric Ëmproyees' Retirement $ystemfrom and after June 1., 1g66.making its emptóyäeíãsirere¡naf{erprovided, members of said System subject tı all provisónr oiirre pubtic Employees,Retirement Law excepr quqri es appry onry ðn "r;tid;"; ;ililâäi;;ågency and are not provided for herein-and io alt amÀrorn.nt tb-üil-Ë;hereafter enacted except those, which by express óroúiiiðns iÊ;*fä;lyonly on the election of a contractíng agency. lrPli.lsencv agr::E to indemnifi, defend and hotd harmtees the catiforniaPubtic Emproveeg' Rgtir.e¡gqt llJtem (c-alnenslãnä ¡ts trusteeı, ågã.ï,and.emptoyees, the calpERS Bbard oi Rdminist;"td, and the GaliforniaPublic Çqqlgy""s' Retirement Fund.from any ;¡uîr;; demands, actions,losses, liabilities, damages,_judgments, e*pensevànã'costs, including butnot limited to interest, penaftíes ãnd attórndy rues ttrairuv arise as a resultof any of the followingi (a) Public Agency's etection !q provide retirement benefits,provisions or formulas under this Contract that are differeni tnånthe retirement benefïts, provisions ortormuËs provided uno"itñepubric Agency's prior non-carpERS retiremàni nràj; yy¡ "rv (b) Any dispute,. disagreement, 9ra.iqr, or proceeding (incrudingwíthout limitation a rbitration, administrativå hearing, "or'iiúéãtionj between^_^lTofr .Agency and its emptoyeãé - (;;. ih"¡ifepresentat¡ves) which rela.tes to public Ageñcy's elect¡on ioamend this.contract to-provide retirement be-nefíté, prouì.ùi, *formulas that are difierent than suct erJioíeË*,-ä¡r[i^éretirement benefits, provisions or formulas. (c) Public Agency's agreement with a third party other than CalpERSto-_provide retirement benefits, provisións,'or formulas grat aiãdifferent than the retirement'benefits, irorìsion, or formulasprovided underthis Contract and provid"d tor underthe CalifoiniåPublic Employees' Retirement Ldw. Employees of pubflc Agengy ln the following classes shall becomemembers of said ReJirement $istem except sucliin each such crass as areexcluded by law or this agreement: a. Local Fire Fighters (herein referred to as localsafety members); b. Local Porice officers (herein referred to as rocarsafety members); c. Employees other than local safety members (herein referred to aslocal miscellaneous members), 4. ß 6. 7 8. o PLEASE DO NOT Sh]f! ..EXHIBIT OÍ{lY,, ln addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not'bebome members of said Retirement System: â. PERSONS GOMPENSATED ON AN HOURLY BASIS WHO ARE HIRED JUNE I, f 966 OR THEREAFTER. 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 inci¡ned thereunder. .That portion of the assets so transferred whlch represent the accumulated contributions (plus interest thereof) required of the employees under said local system has been credited to the individual memUeisnip account of each such employee under the public Employees' Retirement System, B-enefits plid to-q.ensioners and annuitants under the local system on the effeotive date of the contract were recalculated, as authorized by Section 20481 of the Government code, to conform with benefits appiicable to persons retiring after the offective date of the contract except thái no benefit which would have been payable under the continuation of ihe local system shall be reduced. The percentage of final compensation to be provided for each year of credited prior and current service for classio local miscellaneous mämbers shall be determined in accordance with Section21354 of said Retirement Law. subject to the reduction provided therein for service prior to June 30, 1977 , termination pf social Security, for members whose service has been included in Federal social security (2o/o atage 55 Fulland Modifled), 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 (2o/o at age 62 Full). The..percentage of final compensation to be provided for each year of creditad prior and current service as a classic local safety member entering membership in the safety classiflcation on or prior to December 24, zo1á shall be determined in accordance wlth Section 21362,2of said Reürement Law (3% at age 50 Full). 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 Ín the safety classification after December 24-, 2012 shall be determined in accordance with section 21969.1 of said Retirement Law (3% at age 55 Fult). 10. 11, 12, I]LEASE DO NOT SION "TXHIBIT OIJLY.'The..percentage of finat .compensation to o"'óiıü¡åeä'fóî'each year ofcredited prior and current service as a new loial safety member drraii oedetermlned in accordance with section T5zz,25(d¡ orsãia Retirement Law(2.7To at age 57 Full). 13, Publlc Agency elected and elects to be subject to the following optionalprovisions: a, Section 21536 (Local System Seruice Credit lncluded in Basic Death Benefit). b, section 21zzz.1 (one-Tíme 5% lncrease - 1g70). Legislation repealed said Section effective January 1, 1990, c, Sections 21.624 and21626(Post-RetirementSurvivorAllowance)for local miscellaneous members only. d, section 21579 (Third Level of 1959 survivor Benefits), e' Section 21427 (lmproved Nonindustrial Disabitity Allowance) forlocal miscellaneous members only. f. section 20042 (one-year Final compensation) for clâssic local lgf9ly members entering rnembership on or prioi to December 24,2A12, g. $ection 20903 (Two years Additional service credit). h, section 204-94.('Locar Fire Fighter* shail include any officer oremployee of a fire department employed to perform,fireíighting, f¡reprevenlion, fíre trainlng, hazardous materlaie, emer,çnðv mu:ùieaiservices, or fire or arson inveetigatioñ servíces aã,oeóer¡¡ee -in Government Gode Section 20ß4ll: i. Section 20965 (Credit for Unused Sick Leave), j' $eetion 209s8 (Limit Frior $ar.vioe to Members Ernplo¡¡ed, oncontract Date) fcr erected officials êmployed on Novemnei tı, iggs. k. section 21024 (Military service credit as publíc service). l. section 2M75 (Different Levelof Benefits): section 21369.1 (3To @55 Full fo.rumula) and $ection zliag7 ffhree - year' Finãtcornpensation), a.r9 -appricable to classic iocal safety membôrs entering mer¡þ-ership for.the first time with this agency ¡ñ tne ,rfety classification after Decernebe r 24, 2012 rn. Sestion 20516 (Employees Sharing Additional Cost): 14 15, PLËASE DO NOT SION "ËXHIBIT O[ILY'' From and after May 20, z0lg, 3% for local miscellaneous membersin the unrepresented confidential Mid-Management group, U nrep resented Confid ential General Services g roupi Unrep resintéd Executive Manageme¡! group, unrepresented council Aþpointeesgroup, Lodi city Mid-Management, AFscMË Maintenånce and operators unit Local 146 and Lodi police Dispatchers group. From and after May 20, 2019,zalotor local miscellaneous members ln the AFSCME General Services Unit Local 146. From and after May 20, 201g, 3o/oÍar local fire mernbers in the Lodi Professional Firefíghters and Lodi Fire Mid-Management unit. From and after May 20, 2019, 3o/o lor local police members in the Lodi Police Mid-Management unit. From and after May 20, 2019, ro/oÍor classic local pollce members inthe Police Officers Association of Lodi. From and after the effective date of this amendment to contract, 6yofor new local police members in the Police Officers Association ofLodi. The portion of the employe/s contribution that the member agreesto contribute from his or her oompensation, over and abovã the member's normal contribution ("Gost sharing percentage',), shall not exceed the Employer Normal Cost Rate, as that rate ls ãefined in the CaIPERS Actuarial Valuation for the relevant fiscal year. lf the Còstsharing Percentage willexceed the relevant Employer Normalcost Rate, the Cost Sharing Percentage shaltautomaticaity Ue reduced toan amount equal to, and not to exceed, the Employér Normal cost Rate for the relevant fiscalyear. Public.{ge.ncy, in accordance with Government code section 20790,ceased to be an "employe/' for purposes of section 20994 erect¡ve oriJanuary 1, 1977. Accumulated contributions of Public Agency shall be fixedand determined as provided in Government code séction 20g3a, ànã accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20S34. Public AgeJ'gy shall contribute to said Retirement $ystem the contributions determined by,actuarial valuations of prior and futúre service liability withrespect to local miscellaneous members and local safety members oi said Retirement $ystem. Public Agency shallalso contribute to said Retirement system as follows: a, contributions requlred per covered memþer on account of the 1g5g Survivor Benefits provided under Section 21579 of said Retirement Lgq. (Sublectto annuelchange.) ln addition, allassets and liabilitiesof Public Agency and its employees shall be pooled in a single 16. 17, 18. PUBLIC EMPLOYEES' ù BY ARNITA PAIGE, PENSION CO PROGRAMS roN PUBLIC ,R AMENDMENT CaIPERS ID #0448562990 PËRS.CON.702A CITY COUNCIL SYSTEM CIW OF LODI PRESIDING b. A reasonable amount, as fixed by the Board, payable in one installment within 60 days of date of contract to covei the costs ofadministering.said system as it affects the employees of public Aggnly, not tncludinþ tne costs of special và¡Lations or ot itrãperiodic 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 flre i:oéts of special valuations on account of emproyees of public Agency, and coits of the periodic investigation and valuations required Oy f,?lw. contributions required of Public Agency and its employees shall be subJect 19 adjustrnent by Board on account of amendments to the pu'o¡ic Employees' Retirement Law, and on account of the experience under theRetirement system as determined by the periodic'investigation anovaluation requirod by said Retirement Láw, Çontributions required of.public {sencv and its employees shall be paid b,y Public {Sgncy to tle Relirement System within fifteen days after tne ená otthe period to which said contributíons refer or as may -be prescribed bypoard regulation. lf more or less than the correct amount oi contributionéis paid for any period, proper adjustment shall be made in connect¡oÀ w¡tn subsequent remittances. Adjustments on account of errors in contributionsrequired of any.employee may be made by direct payments between theemployee and the Board. B. This amendment shall be on the day of BOARD OF ADMIN .:¡ l\ -.".(J R AND PREFUNDING ETIREMENT SYSTEM .1. Clerk