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HomeMy WebLinkAboutAgenda Report - December 1, 2021 H-01AGENDA ITEM w6l CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: Adopt Resolution Confirming CaIPERS Cost -Sharing Modifications for Council Appointees MEETING DATE: December 1, 2022 SUBMITTED BY: Human Resources RECOMMENDED ACTION: Adopt Resolution confirming CalPERS cost-sharing modifications for Council Appointees. BACKGROUND INFORMATION: Pursuant to Resolutions 2018-253, 2020-59, 2020-60 and 2020-61, Council Appointees agreed to cost-sharing contributions of three percent (3%) effective December 3, 2018, one percent (1%) effective July 13, 2020, one percent (1%) effective January 11, 2021, and one percent (1%) effective January 10, 2022; whereby, all members (Classic and PEPRA) agreed to contribute to the City's normal contribution to CalPERS, in addition to the employee's normal contribution. Bargaining Unit Old Amount Additional Total Effective contribution contribution I Date Miscellaneous Members Council A ointees: 'S% cost sharing 1 % cost 6.0% 1 /10/2022 pp 9 {AI! members} _ sharing Due to administrative changes CalPERS requires the City to prepare an amendment to our contract for the Council Appointees cost sharing; whereas, prior to the amendment the cost-sharing was implemented through a Council Resolution only. The City will submit an amendment to the CalPERS contract, upon adoption of this resolution, in order to process the cost-sharing modifications for Council Appointees and all other unrepresented groups (Confidential Mid -Management, Confidential General Services, and Executive Management). FISCAL IMPACT: No fiscal impact. FUNDING AVAILABLE: No additional funding needed Adele Post, Human Resources Manager l �` Andrew Keys, Internal Services Director/Deputy City Manager Attachments — Resolutions 2018-253, 2020-59, 2020-60, 2020-61 APPROVED: Steve Schwabauer Stephen Schwabauer, City Manager RESOLUTION NO. 2021-332 A RESOLUTION OF THE LODI CITY COUNCIL CONFIRMING CALPERS COST-SHARING MODIFICATION FOR COUNCIL APPOINTEES WHEREAS, pursuant to Resolution Nos. 2018-253, 2020-59, 2020-60, and 2020-61, and in accordance with California Government Code §20516, Council Appointees agreed to pay additional cost-sharing towards the employer's share of CalPERS normal pension cost (cost- sharing), in addition to the employee's normal contribution for both Classic and PEPRA as follows: ■ 3% cost-sharing effective December 3, 2018 ■ 1% cost-sharing effective July 13, 2020 • 1 % cost-sharing effective January 11, 2021 ■ 1 % cost-sharing effective January 10, 2022 WHEREAS, due to administrative changes, CalPERS requires a contract amendment in order to amend cost-sharing amounts for unrepresented employees; and WHEREAS, the City of Lodi will submit an amendment to the CalPERS contract in order to amend the cost-sharing contribution for Council Appointees and all other unrepresented groups. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby confirm the additional cost-sharing as previously approved in the resolutions listed above. Dated: December 1, 2021 I hereby certify that Resolution No. 2021-332 was passed and adopted by the Lodi City Council in a regular meeting held December 1, 2021 by the following vote: AYES: COUNCIL MEMBERS — Chandler, Hothi, Khan, Kuehne, and Mayor Nakanishi NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None NNIF CUSMIR City Cler 2021-332