2002/08/13 City Council Resolution (14)RESOLUTION NO. 2002 -191
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 ROHNERT PARK
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 21023.5 (Public Service Credit for
Peace Corps or AmeriCorps: VISTA Service) for local
miscellaneous members and local safety members
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.
DULY AND REGULARLY ADOPTED this 13th day of August, 2002.
RM
ATTEST:/
D . p � lerk
CITY OF ROHNERT PARK
ayor
R
MACKENZIE: AYE REILLY: AYE VACANCY: NIA VIDAK- MARTINEZ: AYE FLORES: AYE
AYES: (4) NOES: (0) ABSENT: (0) ABSTAIN: (0)
Af�R'00'0'0,-
GIPERS
California
Public Employees' Retirement System
EXHIBIT
AMENDMENT TO CONTRINACT
Between the
]hoard of Administration
California Public Employees' Retirement System
and the
City Council
City of Rohnemt ]Park
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 July 1,
1965, and witnessed May 17, 1965, and as amended effective August 2, 1972 October
1, 1977, January 1, 1980, June 1, 1987, March 1, 1990, February 14, 1992, June 27,
1992, July 1, 1997 and July 1, 1998 which provides for participation of Public Agency in
said System, Board and Public Agency hereby agree as follows:
A. Paragraphs 1 through 13 are hereby stricken from said contract as executed
effective July 1, 1998, and hereby replaced by the following paragraphs
numbered 1 through 13 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 local miscellaneous members, age 55 for local fire
members, and age 50 for local police members.
2. Public Agency shall participate in the Public Employees' Retirement
System from and after July 1, 1965 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.
PLEASE DO NOT SIGN "EXHIBIT ONLY"
3. 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).
4. 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:
NO ADDITIONAL EXCLUSIONS
5. Prior to January 1, 1975, the
members h
basis to exceed 6 months
Agency on a temporary
were excluded from PERS membership by contract. Government Code
Section 20305 supersedes this contract provision by providing that any
such temporary and /or seasonal employees are excluded from PERS
membership subsequent to January 1, 1975.
6. The percentage of final compensation to be provided for each year of
credited prior and current service as a local miscellaneous member shall
be determined in accordance with Section 21354 of said Retirement Law
subject to the reduction provided therein for Federal Social Security
(2% at age 55 Modified and Full).
7. The percentage of final service compensation
as a al fir member shall be 'ot be o de d h r
credited prior and current
determined in accordance with Section 21369 of said Retirement Law (2%
at age 55 Full).
8. The percentage of final compensation to be provided for each year of
credited prior and current service as a local police member shall be
determined in accordance with Section 21362 of said Retirement Law (2%
at age 50 Full).
9. Public Agency elected and elects to be subject to the following optional
provisions:
a. Section 21573 (Third Level of 1959 Survivor Benefits).
b. Section 20965 (Credit for Unused Sick Leave).
PLEASE DO NOT SIGN "EX , t � ��L I
C. Section 21335 (5% Cost -of- Living Allowance).
d. Section 20042 (One -Year Final Compensation).
e. Section 21024 (Military Service Credit as Public Service), Statutes
of 1976.
f. Section 20903 (Two Years Additional Service Credit).
g. Section 21027 (Military Service Credit for Retired Persons).
h. Section 21023.5 (Public Service Credit for Peace Corps or
AmeriCorps: VISTA Service).
10. 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.
11. 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 f em costs of
costs special
of
valuations on account employees of Public Agency,
the periodic investigation and valuations required by law.
12. 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.
13. 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 day of
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIR NT SYSTEM
0
BY
KENNETH W. MARZION, IEF
ACTUARIAL & EMPLOY SERVICES DIVISION
PUBLIC EMPLOYEES' 91 REMENT SYSTEM
Pi
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4 .:J
AMENDMENT
PERS- CON -702A (Rev. 8 \96)
CITY COUNCIL
CITY OF ROHNERT PARK
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BY
PRESIDING OFFICER
Witness Date 0
Attest: � Cli
Clerk
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