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HomeMy WebLinkAboutAgenda Report - April 15, 2020 H-02AGENDA ITEM Crrv or Lonr CouNcu, CoInMUNICATIoN 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 LodiWith Regard to Providing Government Code Section 20516 (Employees Sharing Additional Cost) of One Percent for Local Miscellaneous Members in the lnternational Brotherhood of Electrical Workers Group MEETING DATE: April 15,2020 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 One percent new local miscellaneous members in the lnternational Brotherhood of ElectricalWorkers group. BACKGROUND INFORMATION: Recently, the City negotiated a new labor agreement (MOU) with the lnternational Brotherhood of Electrical Workers (IBEW). The parties mutually agreed to enter into a cost-sharing agreement whereby local miscellaneous members in the IBEW Group will pay 1 percent of the employe/s normal contribution toward CaIPERS, pursuant to Government Code Section 20516. As such, the City must formally amend its contract with CaIPERS to include this new cost-sharing provision for IBEW. 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 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 May 6,2020. lf adopted, the contract will be amended effective July 13,2020. Employees will begin their cost-sharing deduction as of July 13,2020. 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 Council will be allowing IBEW members to have the 1 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 H-z IM æ-=4 Steve Schwåbaìt'er (Apr 8, 2020ÌAPPROVED: Steve Schwabauer, City Manager 4/¿/ø Øart Adele Post (Apr 8, 2020) Adele Post, Human Resources Manager l-àr" ,6 Andrew Keys (Apr e,ZOZ(il Andrew Keys, Deputy City Manager/l nternal Services Director ^ñlþ" calPERs California Public Employees' Retirement System Financial Office I Pension Contracts and Prefunding Programs Division P.O. Box 942703, Sacramento, CA94229-2703 888 CaIPERS (or 88A-225-73771 l-rfY: (877l. 249-7442 | www.calpers.ca.gov Certification of Compliance w¡th Government Code Section 2OSL6 I hereby certify that in accordance with Government Code section 20516, City of Lodi and its local miscellaneous employees have agreed in writing to the following: Section 205L6 (Employees Sharing Additional Cost) of L%for local miscellaneous members in the lnternational Brotherhood of Electrical Workers unit Signature Title I 5f a,i nr Date PERS-CON-500 (Rev. 7 / 22/ tgl ^ñlb"calpERs California Public Employees' Retirement System Financial Office I Pension Contracts and Prefunding Programs Division P.O. Box 942703, Sacramento, CA94229-2703 888 CaIPERS (or 888-225-7377) | TTY: (8771249-7442 | www.calpers.ca.gov Certification of Compliance w¡th Government Code Section 7507 I hereby certify that in accordance with Government Code section75Q7, the future annual costs as determined by the California Public Employees' Retirement System for the increase or change in retirement benefit(s) have been made public at a public meeting of the Otv Council of the Citv of Lodi (governing body) on April 15, 2020 (public agency) which is at least two weeks prior to the adoption of the Resolution / (date) Ordinance. Adoption of the retirement benefit increase or change will not be placed on the consent calendar. Clerk/Secretary Title Date 5/s/aot,^ PE RS-CO N-12A (rev. 72 / LLhSl n(lt¿CaIPERS California Public Employees' Retirement System Financial Office I Pension Contracts and Prefunding Programs Division P.O. Box 942703, Sacramento, CA94229-2703 888 CaIPERS (or 888-225-7377) I TTY: (8771 249-7442 | www.calpers.ca.gov Certification of Employee Election I hereby certify that the following employees of the City of Lodi have expressed their approval or disapproval of said agency's intention to amend its contract to provide Section 20516 (Employees Sharing AdditionalCost) of L%for local miscellaneous members in the lnternational Brotherhood of Electrical Workers unit on the basis described in the Resolution of lntention adopted by said agency's governing body on Aoril 15 2020 , in such manner as to permit each employee to separately and secretly express his choice and that the outcome of such election was as follows: Local Miscellaneous Members as defined in section 20383 Number of employees eligible to vote 35 Number of votes approving said participation Number of votes disapproving said participation 01 Clerk or Secretary (Amendment) PERS-CON-15 (Rev. f09lL9) Date ñ¡ucalPERs California Public Employees' Retirement System Financial Office I Pension Contracts and Prefunding Programs Division P.O. Box 942703, Sacramento, CA94229-2703 888 CaIPERS (or 888-225-73771 l'fTY: (8771 249-7442 | www.calpers.ca.gov Certification of Governing Body's Action I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the Citv Cou ncil of the (governing body) Citv of Lodi on Aoril 15.2020 (public agency) Clerk/Secretary Title (date) PE RS-CON 12 (rev. t/22/ L9l RESOLUTION NO.2020-81 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENTTO CONTRACT BETWEEN THE BOARD OF ADM¡NISTRATION CALI FORN IA PUBLIC EMPTOYEES' RETIREMENT SYSTEM AND THE c¡TY COUNC¡L ctw oF toDl 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 theír 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 sa'id contract; and WHEREAS, the following is a statement of the proposed change: To provide Section 205L6 (Employees Sharing Additional Cost)of L% for local miscellaneous members in the lnternational Brotherhood of Electrical Workers unit. NOW, THEREFORE, BE lT RESOLVED that the governing body of the above agency does hereby give notice of ¡ntent¡on to âpprove an amendment to the contract between said public agency and the Board of Administration of the Public Employees' Ret¡rement System, a copy of said amendment being attached hereto, as an "Exhib¡t" and by this reference made a part hereof. Presiding Aprll l5; 2020 Date adopted and approved (Amendment) coN-302 (Rev. 319/2OL6 lcl Title CaIPERS EXH¡B¡T A Celifornia Public Employees' Retirement System+ **"*.***" AMTENDMTENT TO CONTR.ACT Between the Board of .Administration California Public Employees' Retirement System and the City Council City of Lodi ÕÞ**-.*.* The Board of Admlnlstratlon, California Publlc Employees' Retirement System, hereínafter 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 wltnessed Apr\l27,1966, and as amended effective July 6, 1966, May 1, 1970, July 1, 1973, July 1,1977, Aprll 1, 1991, July 7, 1993, June 30, 1996, November 15, 1998, June 12, 2000, May 17, 2003, June 17, 2010, December 24,2012, May 20, 2010 and January 27, 2020 whlch provldes for particlpation of Publlc Agency in said System, Board and Publlc Agency hereby âgree as follows: A, Paragraphs 1 through 18 are hereby stricken from sald contract as executed effective January 27, 2020, and hereby replaced by the following paragraphs numbered I through 18 inclusive; 1, Allwords and termg used herein which are defined ln the Publlc Employees' Retirement Law shalf have the meanlng as def¡ned therein unless othenrulse specifically provided. "Normal retirement age" shall mean age 55 for classic local miscellaneous members, ege 62 for new local miscellaneous members, age 50 for classic local safety members entering membership in the safety classification on or prior to December 2 4,2012, 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. 2 PLEASE DO NOT SIGN -EXHIBIT ONLY" Public Agency shall partlcipate in the Public Employees' Retirement System from end after June 1, 1966 making its employees as hereinafter provlded, members of said System subJect to all provlslone of the Public Employees' Retirement Law except such as apply only on electíon of a contracting agency and are not provided for herein and to all amendments to said Law hereafter enacted except lhose, which by express provisions thereof, apply only on the election of a contracting agency. Public Agency agrees to indemnify, defend and hold harrnless the California Public Employoes' Retirement System (GaIPERS) and its trustees, agents and employees, the GaIPERS Board of Admlnistration, and the Californla Public Employees' Retirement Fund from any clalms, demands, actions, losses, liabifities, damages, judgments, expensês and costs, including but not llmited to lnterest, penaltles and attorney fees that may arise as a result of any of the following: (a) Public Agency's efection to provide rstirement benefits, provislons or fonnulas under this Contract that are different than the retirement bonefits, provlsions or formulas provided under the Public Agency's prlor non-CaIPERS retirement program, (b) Any dlspute, disagreement, claim, or proceeding (including without limitation arbitratlon, admlnistratlve hearing, or litigation) between Public Agenoy and its employees (or their representatives) whlch relates to public Agoncy's election to amend this contract to provlde reilrement benefits, provlslons or formulas that are different than such employees' exlsting retirement benefits, provisions or formulas (c) Publlc Agency's agreement with a thlrd party other than CalpERS to provide retirement benefits, provlsions, or formulas that are different than the retlrement beneflts, provlslons or formulas provided under this Contract and provided for under the California Public Ëmployees' Retirement Law. Employees of Public Agency in the following classes shall become mêmbers of said Retirement system excøpt euch in each such class as are excluded by law or thie agreement: a. Local Fire Fighters (hereln referred to as localsafety mombers); b. Local Police Officers (herein refered to as localsafety members); c. Employees other than local safety members (herein referred to as local miscellaneous mernbers), ln addition to the classes of employees excluded from membership by said Retirement Law, the following classes of employees shall not become members of eaid Retirement System: \t. 4 5 7 I I e F'LEASË D0 N()T SIGN "[XHlBlT Ofiily" PERSONS COMPENSATËD ON AN HOURTY BASIS WHO ARE HTRED JUNE 1,19ô6 OR THEREAFTER. 6.Assets heretofore accumulated with respect to members in the local retirement system have been transferred to the Public Employees' Retlrement Systern and applied against the liability for prlor sorvice incurred thereunder. That portion of the aseete so transferred which represont the accumulated contrlbulions (plue lnterest thereo$ required of the employees under said local system has been credlted to the individual membership account of each such ernployee under the Publlc Empfoyees' Retirement System, Benefits paid to pensioners and annuitants under the local system on the effective date of tho contract were recalculated, as authorized by Section 20481 of the Governrnent Code, to conform with benefits appficable to persons retiring after the effective date of the contract except that no benefit whlch would have been payablo under the continuation of the local system shall be reduced, The percentage of final compensation to be provided for esch year of credited prior and current service for classic looal mlscellaneous members shall be determined in accordance with Sectlon 21364 of sald Retirement Law, subJact to the reduction provided therein for service prior to June 30, 1977, termination of Soclal Security, for members whose service has been included ln Federal Socíal Securlty (2o/o alage 55 Full and Modlfled). The percentage of final compensation to be provided for each year of credited prior and current service as a new looal miscellaneous member shall be delerrnined in eccordance with Sectlon 7522.20 of said Retirement Law (20lo at age 62 Full), 10. The paroentage of flnal compensetion to be provided for each year of credlted prior and current serulce as a classic local safety member entering rnembershlp in the safety classlflcatlon on or prior to December 24,2012 shall be determined in accordance with Sectlon 21362.2 of said Retirement Law (3% at age 50 Full). 11, The peroentage of final compensation to be provided for each year of credited current servlce as a classlc local safety member enterlng rnembership for the fírst tlme in the safety classificatlon after December 24, 2012 shall be determined ln accordance with Section 21363.1 of said Retlrement Law (3% at age 55 Full). 12, The percentage of final compensatlon to be provided for each year of credited prior and current serv¡cê as a new local safety mernber shall be determlned in accordance with Section 7522,25(d\ of said Retirement Law (2.7Y0 at age 57 Full). 13, Public Agency elected and elects to be subject to the following optlonal provlsions: â. b. c, t r t" ¡liì[ DLj {,li] I l;i(lN "[.]ill[Ji l" ûíi!t.Y" Seotion 21536 (LocalSystem Service Credit lncluded in Baslc Death Benefit). Section 21222.1 (One-Time 5% lncrease - 1970). Legislation repealed said Section effectlve January 1, 1980. S ections 21 â24 and 2 I 626 ( Post-Retirement Su rvivor Allowa nce) for local mlscellaneous membere only. d. Section 21579 (Third Levelof 1959 Survlvor Benefits). o, Seotlon 21427 (lmproved Nonindustrial Disablllly Allowanco) for local mlecellançous mambers only. Í, Section 20û49 (One-Year Final Compensatlon) for classic local *afety members entering membershlp on or prior to December 24, 2412, g. Section 20903 (Two Years Additional Service Crodit), h, Section 30434 ("Loeal Flre Flghter" shall lnclude any officer or employee of a fire department employed to perforrn firefighfing, fire prevention, fks trâining, hazardous materials, omergency medical servlcee, or ,firs or arson lnvestigation eervicog as described ln ûsvernmçnt Code Section 20434). i. Sectlon 20985 (Credit for Unused Slclr Leave), ¡, Sectiun 20t38 (Limit Prlor Sen¡lce to Members Emptoyed on Contráct Date) for elocted oftictalr employed on November 15, l gg8. k. Section 21024 (Military Service Credit as Public Servlce). l, Soctlon 20475 {Dlfferent Levelof Benefits): Section 21303,1 (3% @65 Full forumula) and $ection 40037 (Three - Year Final Compeneation), are oppllcable to classic local safety members entering mernberehlp for the flrst tlme wlth thls agency ln the safety classifiûation after Decemeber 24, 20'12. m. Section 20516 (Employeee Sharing AddttionatCost): From and after May 20,2019, 3% Ípr local miscellaneous members in the Unrepresented Confidentlal Mid-Management group, Unrepresented Confidentia I Gene ra I $ervices g rü up, Unrep resenlêd Executive Managernent group, Unroprerented Councll Appointees group, Lodl City Mid-Management, AFSCME Maintenance and Operators Unit Local 146 and Lodi Pollce Dispatchers group. From and after May 20,2019, 2o/ofo¡ localmiscellaneoue membors in the AFSCME GeneralServices Unit Local 146. 14, í i i';ìi :iii i'ilii :,i,,,,ì'r l¡ii;' it,)ì,;:'," From and after May 20, 2019, 3% for localflre members in the Lodi Professional Flrefighters and Lodi Fire Mid-Management unit. Frorn and after May 20,2CI19,3% for local pollce members in the Lodi Police Mid-Management unit. From and afterMay 20,2019,30/o forclassic localpollce members in the Police Offlcers Association of Lodi. From and after January 27,2O2O,6lolor new local pollce members in the Police Officers Assoclation of Lodl. From and after the effective date of this amendment to contract, 1% for localmlscellaneous members ln the lnternationalBrotherhood of Electrlcal Workere unit. The portion of the ernployer's contrlbution that tho member agrees to contrlbute from hls or her compensation, over and above the member'g normal oontrlbutlon ("Cost Sharing Percentage"), shall not exceed the Employer Normal Cost Rate, as that rate is defined in the CaIPERS Actuarial Valuatioñ for the relevant fiscal ydar. lf the Cost Sharing Percentage willexceed the relevant Employer Normal Cost Rate, the Gost Sharlng Percentage shall automatically be reduced to an emount equal to, and not to exceed, the Employer Normal Cost Rate for the relevant fiscalyear. Public Agency, in accordance wlth Government code sectlon 207go, ceased to be an "ernployer" for purposes of Section 20834 effectlve on January 1 , 1977. Accumulated contributions of Publlc Agency shall be flxed and determined as provlded ln Government Code Section 20834, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Sectlon 20834. 15, Public Agency shall contribute to said Retirement System the contrlbutlons determined by actuarial valuatlons of prlor and future service liability with respect to local miscellaneous members and local safety members of saíd Retirement System. 16. Public Agency shall also contribute to said Retirement System as follows: a. Contributions required per covered member on account of the I959 Survivor Benefits provided under Section 21573 of said Retirement Law. (Subjectto annualchango.) ln addltion, all assets and liabilities of Public Agency and its employees shall be pooled ln a single account, based on term insurance rates, for survivors of all local migcellaneous members and local safety members. A reasonable amount, as flxed by the Board, payable ln ono installment wilhin 60 days of date of contract to cover tfre costs of adminietering said System as it affects the employces of Public Agency, not including the cosls of special valuations or of the periodic investigatlon and valuations required by law. b. c. A reasonable amount, as fixed by the Board, payable in one installment as the ocoaslons ârlse, to cover the costs of special valuatlone on aocount of employees of Public Agency, and costs of the periodic investigation and valuatlons required by law. '17 . Contrlbutlons requlred 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 Retlrement System as determined by the periodic investigation and vafuation required by sald Retirement Law. 18. Contributions requíred of Publlc Agency and its employees shall be paid by Public Agenoy to the Rotirement Systern wlthin fifieen days after the end of the period to which said contributions refer or as may be prescribed by Board regulation. lf more or less than the correct amount of contributions is paid for any period, proper adjustment shall be rnade ln connection with subsequent remittances. Adjustments on account of errors ln contributions requlred of any employee may be made by direct payments between the employee and the Board. B This amendment shallbe.eRèAlve on the day of L, BOARD oF ADM|N|STRAT|qS ctTy couNctL PUBLIC EMPLOYEES'RE?REMENT SYSTEM CITY OF LODI BY PENSION roN PUBLIC AMENDMENT GaIPERS lD #84485029S0 PERS-CON-7o2A AND PREFUNDING , RETIREMENT SYSTEM PRW Atte'st: BY Clerk ApFrrvrd rúo fom' Dated: April 15,2420 I hereby certify that Resolution No. 2020-81wes passed and adopted by the City Council of the City of Lodi in a regular meeting held April 15,2020, by the following vote: AYES: COUNCIL MEMBERS - Chandler, Mounce, Nakanishi, and Mayor Kuehne NOES: COUNCIL MEMBERS - None ABSENT: COUNCIL MEMBERS - None ABSTAIN: COUNCIL MEMBERS - None -An"l*rm.&'",* PAMELA M, FARRIS Assistant City Clerk The foregoing document. is cerfifìed to be a conêctcopy of rhe ortsinat on fite- in ilrä óìtv Cl.äË äfn..pamela M. Faris Assistant Oty Clerk, City of Lodi Þated:5 t5/âog,o 2020-81 DECLARATION OF POSTING ORDINANCE NO. 1976 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, April 16, 2020, in the City of Lodi, San Joaquin County, California, a certified copy of Ordinance No. 1976 (attached hereto, marked Exhibit "4") was posted in the Lodi City Clerk's Office. I declare under penalty of perjury that the foregoing is true and correct. Executed on April 16,2020, at Lodi, California. ORDERED BY: PAMELA M. FARRIS ASSISTANT CITY CLERK Pamela M. Farris Assistant City Clerk Kaylee Clayton Administrative Clerk ordsummaries\aaDecPost.doc ORDINANCE NO. 1976 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 ís 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 _,2020 ATTEST DOUG KUEHNE Mayor PAMELA M. FARRIS Assistant City Clerk l, Pamela M. Farris, Assistant City Clerk of the City of Lodi, do hereby certify that Ordinance No. 1976 was introduced at a regular meeting of the City Council of the City of Lodi held April 1S, 2020, and was thereafter passed, adopted, and ordered to print at a regular meeting of said Council held _,2020, by the following vote: AYES: COUNCIL MEMBERS - NOES: COUNCIL MEMBERS - ABSENT: COUNCIL MEMBERS - ABSTAIN: COUNCIL MEMBERS - I further certify that Ordinance No. 1976 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:PAMELA M. FARRIS Assistant City Clerk JANICE D. MAGDICH City Attorney tsv fiffiIT A CaIPERS EXHIBIT A California Public Employees' Retirement System ,æ.iñ'¡îiìì-"*.r¡;+riì,.? *Þ ***r--- AN4IEINDMIEINT TO CONTR-ACT Between the Board of Administration California Public Employees' Retirement System and the City Council City of Lodi ' t *".r*'*-*-'.r'*-¡n¡-rr The Board of Administration, California Publlc 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 I, 1966, and witnessed Aprll2T , 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, December24,2012, May20,2019 and January 27, 2020 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: Paragraphs 1 through 18 are hereby stricken from said contract as executed effective January 27, 2020, and hereby replaced by the following paragraphs numbered I through 1B inclusive: A. 1,Alf words and terms used herein which are defined in the Public Employees' Retirernent 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 îor new local miscellaneous members, age 50 for classic local safety members entering membership in the safety classification on or prior to December 24,2A12, age 55 for classic local safety members entering membership for the first tirne in the safety classification after December 24, 2012, and age 57 for new local safety members. 2 3. PLËASE DO NOT SIGN "EXHIBIT ONLY' 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 provlsions 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 hereafier enacted except those, which by express provisions thereof, apply only on the election of a contracting agency. Public Agency agrees to indemnify, defend and hold harmJess the california Public Ernployees' Retirement System (CaIPERS) and its trustees, agents and employees, the GaIPERS Board of Administration, and the california Public Employees' Retirement Fund from any claims, demands, actions, losses, liabilities, damages, judgrnents, expenses and costs, including but not limited to interest, penalties and attorney fees that may arise as a result of any <¡f the following: (a) Public Agency's electíon to provide retirement benefils, provlsions or formulas under this contract that are different than the retirement benefits, provisions or formulas províded under the Public Agency's prior non-CaIPERS retirement program, (b) Any dispute, disagreement, claim, or proceeding (including without limitatíon arbitration, administrative hea ring, or litigation) between Public Agency and its employees (or their representatives) which relates to Puþlic Agency's election to amend this contract to provide retirement benefits, provisions or forrnulas that are different than such employees' existing retirement benefits, provisions or formulas (c) PublicAgency's agreementwith a third party other than CalpERS to provide retirement benefits, provisions, or formulas that are different than the retirement benefits, provisions or formuras provided under this contract and provided for under the california Public Employees' Retirement Law. 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 (hereln referred to as localsafety members); b, Local Police Officers (herein refered to as local safety members); Employees other than local safety members (herein referred to as local miscellaneous members). 4. c 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 Retirernent System: 5. 6 PLËASI DO N(]T SIIìN "EXI-IIBIT OI,JLY,, A. PERSONS COMPENSATED ON AN HOURLY EASIS WHO ARE HTRED JUNE 1, 1966 OR THEREAFTER. Assets heretofore accumulated with respect to members in the local retirement system have been transferred to the Public Employees' Retírement 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, Benefits paid to pensioners and annuitants under the local system on the effective date of tho contract were recalculated, as authorized by Section 20481 of the Governrnent 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, 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 reductiorr provídod therein for service prior to June 30, 1977, termination of Social Security, for members whose service has been included in Federal Social Security (2o/o atage 55 Full and Modifled). ïhe 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 sectlon 7522.20 of said Retirement Law (2olo at age 62 Full), 7.' 8, 9, 10 12 The percentage of final compensation to be provided for each year of credited prior and current servlce as a classic local safety member entering membership in the safety classificatíon 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 (30/o at age 55 Full), The percentage of final compensation to be provided for each year of credited prior and current service as a new local safety mernber 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. b. c. ' ' t;\!ìi: ilü i',Ji) i liirji,l "l,Xill[Ji i" iJi,li)i " $eotia.n 91536 (Lacal$ystem seruice credit lncluded in Basic Þosth ËleneTit). section 21222.1 (one-Time 5o/o rncrease - 1970). Legíslation repealed said Section effective January 1, 1990. sections 21624 and 21626 (post-Retirement survivor Allowance) for local miscellaneous members only. Section 2'1579 (Third Levelof 1g5g Suruivor Benefits). section 21427 (lmproved Nonindustrial Disability Allowanco) forlocal miscellaneous members only, se-ction 20042 (one-year Flnal compensation) for classic local gafety members entering membership on or prior to December 24,2012, Section 20903 (Two Years Additional Service Credit): section 20434, ("Local Fire Fighte/' shall inctude any officer oremployee of a fire department employed to perform fireÍighting, fireprevention, fire training, hazardous materiais, emergencly mðàicatservices, or fire or arson investigatiorr services aJ oeåcr¡oed inGovernment Code Section 204.3q: Section 20965 (Credit for Unused Slck Leave), section ?0938 (Limit prior service to Members Employed oncontract Date)for etected officials employed on Novembei- t6, 1ggs, Section 21024 (Military Service Credit as public Service). section 20475 (Different Levet of Benefits): section 21963.1 (3r/o @55 Full fo.rumula) and section 20097 (Three - year Finalcompensation), are applicable to classic iocal safety members entering membership for the fírst time wlth this agency ¡ñ ftre safety classification after Decemebe r 24, 2012. Section 20516 (Emptoyees Sharing Addltional Cost): From and after May 20,2019, lo/o Íor rocal misceltaneous members il the Unrepresented Confidential Mid-Management group, u nrepresented confidentia I Gene ra I services g ro u pl u n rep resented Executive Management group, unrepresenteð council Aþpointeesqroup' Lodi city Mid-Management, AFSCME Maintenånce and Operators Unit Local 146 and Lodi police Dispatchers group. From and after May 20,2019, zo/o tor rocal miscellaneous members in the AFSCMË Generalservices Unit Local 146. d. e, g. h, j, k. t. m 14. 15, 16 i i,' , :;,,i,;,:l.,i,,,,:'i,r,i; il iji,;.,.',' From and after May 20, ?019, B% for localfire members in the Lcdi Professional Firefighters and Lodi Fire Mid-Managoment unit. From and after May 20,2a19,370 for local police members in the Lodi Police Mid-Management unit. From and after May 20, 2019,3% for crassic local police members in the Police Officers Association of Lodi. From and after January 27,2020,6% for new local police members in the Police Otficers Association of Lodi. From and afterthe offective date of this amendmentto contract, 1% for localmiscellaneous members ln the lnternatíonal Brotherhoód ofElectrical Workers unit. The portion of the employer's contribution that tho member agreesto contribute from his or her compensation, over and abové themember's rrormal contribution ("cost sharing percentage,'), shall not exceed the Employer Normalcost Rate, as that rate is ãefined in the calPERS Actuariatvatuarion for rhe retévant nscàiveãi- ¡lrh; ı;tsharing Percentage will exceed the relevant Employer Normal cost Rate, the cost sharing percentage shall automatìcaily be reduced toan amount equal to, and not to exceed, the Employer Normal cost Rate for the relevant fiscal year. Public.Agency, in accordance with Government code section 20790,ceased to be an "employer" for purposeg of section 20994 effective onJanuary 1 , 1977. Accumulated contributions of public Agency sha¡ þe fixedand determined as provided in Government code sãoioh 20g34, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section Z0Bg4. Public Agency shall contribute to said Retirement System the contributions determined by actuarial valuatlons of prior and futúre seruice fiaOility witñ respect to local miscellaneous members and local safety members of sa¡¿Retirement System. Public Agency shall also contribute to said Retirement system as follows; contributions required per covered member on account of the l gsg survivor Benefits provided under section 21579 of said Relirement Law, (subject to annual change.) rn addition, all assets and liabilitiesof Public Agency and its employees shalr be pooled in a single account, based on term insurance rates, for suruivors of all loóal rniscellaneous members and local safety members. A reasonable amount, as fixed by the Board, payable ln 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 theperiodic investigation and valuatipns required by law. a, b. 17. 18. BY NITA PENSION C PR SION PUBLIC AMENDMENT CaIPERS ID #6448502s90 PERS.CON.702A This amendment shallbe,e$lèctive on the _ day of c. A reasonable amount, as fixed by the Board, payable in oneinstallment as the occasions arise, to cover the öoéts of specialvaluations on account of employees of public Agency, and costs ofthe periodic investigation and varuations requireð by râw, contributions required of Public Agency and its employees shall be subject lg adJustment by Board on account of amendments to the pu'¡lio Employees' Retirement Law, and on account of the experience under theRetirement system as determined by the periodic investigation andvaluation required by said Retirement Law. contributions required of.public Agency and its employees shall be paid byPublic Agency to the Retirement system within fifteen days after the end ofthe period to which said contribuiions refer or as may'be prescribed bypoar! regulatíon, lf more or less than the correct amount oi contributioné is paid for any period, proper adjustment shall be made ln connection withsubsequent remittances. Adjustments on account of errors in contributionsrequired of any employee may be made by direct payments between theernployee and the Board,. B BOARD OF ADMINISTRATIÑ PU BLIC EMPLOYEES' RFUÀ,EMENT SYSTEM CITY COUNCIL ctw oF LOD| BY Atte'st: IDING OF R AND PREFUNDING RETIREMENT SYSTEM Clerk Apprrvuû r b foru