CC RESOLUTION 3804•
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RESOLUTION NO. 3804
.A RESOLUTION OF INTENTION TO APPROVE AN
AMENDMENT TO CONTRACT BETWEEN THE BOARD
ADMINISTRATION OF THE PUBLIC EMPLOYEES'
RETIREMENT SYSTEM AND THE CITY COUNCIL
CITY OF EL SEGUNDO.
OF
OF THE
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 20930.3 (Military Service Credit as
Public Service) for local miscellaneous members and
local police 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 the said governing body 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.
The City Clerk shall certify to the passage and adoption of
this resolution; shall enter the same in the book of original
resolutions of said city; and shall make a minute of the passage
and adoption thereof in the records of the proceedings of the
City Council of said city, in the minutes of the meeting at which
the same is passed and adopted.
PASSED, APPROVED AND ADOPTED this 16th day�of J arch , 1993.
Carl Jacobso'j, Mayor
of the City of El Segundo,
California
ATTEST:
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AMENDMENT TO CONTRACT , COPY
BETWEEN THE
BOARD OF ADMINISTRATION S�
OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF EL SEGUNDO
The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board,
and the governing body of above public agency, hereinafter referred to as Public Agency, having entered
into a contract effective October 1, 1943, and witnessed August 25, 1943, and as amended effective
November 1, 1947, August 1, 1949, July 1, 1950, November 1, 1955, September 1, 1958, March 9,
1959, November 7, 1964, October 19, 1968, December 11, 1971, July 20, 1974, July 19, 1975, January
3, 1976, July 16, 1977, June 3, 1978, February 6, 1982, April 3, 1982, January 1, 1992 and June 27,
1992, 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 June 27,
1992, 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 60 for local miscellaneous members; age 50 for
local police members and those local fire members entering membership prior to April
3, 1982; and age 55 for those local fire members entering membership on or after April
3; 1982.
2. Public Agency shall participate in the Public Employees' Retirement System from and
after October 1, 1943 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. 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
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vti7)101
PLEASE DO NOT- SIGN "EXHIBIT ONIr"
5. Prior to January 1, 1975, those members who were hired by Public Agency on a
temporary and /or seasonal basis not to exceed 6 months were excluded from PERS
membership by contract. Government Code Section 20336 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 local miscellaneous members for
each year of credited prior and current service shall be determined in accordance with
Section 21251.13 of said Retirement Law, subject to the reduction provided therein for
service on and after January 1, 1956, the effective date of Social Security coverage for
members whose service has been included in Federal Social Security (2% at age 60 Full
and Modified).
7. The percentage of final compensation to be provided for each year of credited prior and
current service for local fire members entering membership on or after April 3, 1982
shall be determined in accordance with Section 21252.6 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 for local police members and for those local fire members entering
membership prior to April 3, 1982 shall be determined in accordance with Section
21252.01 of said Retirement Law (2% at age 50 Full).
• 9. Public Agency elected to be subject to the following optional provisions:
a. Sections 21263/21263.1 (Post- Retirement Survivor Allowance) for local safety
members only.
b. Sections 21380 -21387 (1959 Survivor Benefits) excluding Section 21382.2
(Increased 1959 Survivor Benefits) and Section 21382.4 (Third Level of 1959
Survivor Benefits). 1
c. Section 21222.1 (Special 5% Increase - 1970). Legislation repealed said Section
effective January 1, 1980.
d. Section 21222.2 (Special 5% Increase - 1971). Legislation repealed said Section
effective January 1, 1980.
e. Section 20930.3 (Military Service Credit as Public Service). Statutes of 1976.
f. Section 20024.2 (One -Year Final Compensation).
• g. Section 20461.6 (Different Level of Benefits). Section 21252.01 (2% ® 50 Full
formula) is not applicable to local fire members entering membership on or after
April 3, 1982.
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.
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IL Public Agency shall also contribute to said Retirement System as follows:
a. 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.
b. 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.
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
19,_
BOARD OF ADMINISTRATION CITY COUNCIL
PUBLIC EMPLOYEES' RETIREMENT�Q STEM OF THE
CITY OF EL SEGUNDO
BY 4
CHIEF, CONTRACT ICES DIVISION
PUBLIC EMPLOY RETIREMENT SYSTEM
PERS -CON -702 (AMENDMENT)
(Rev. 10/92)
BY e�
Presiding Officer \�\,
Witness Date
4P
Attest-
Clerk
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ] SS
40 CITY OF EL SEGUNDO 1
I, Frank Meehan, Acting City Clerk of the City of El Segundo,
California, DO HEREBY CERTIFY that the whole number of members of the
City Council of the said City is five; that the foregoing resolution, being
RESOLUTION NO 804 was duly passed and adopted by the said City
Council, approved and signed by the Mayor or said City, and attested by the
City Clerk of said City, all at a regular meeting of the said Council held on
the 16th day of March, 1993, and the same was so passed and adopted by
the following vote:
AYES: Mayor Jacobson, Mayor ProTem Wise,
Councilmen West, Switz, and Robbins
NOES: None
ABSENT: None
NOT PARTICIPATING: None
WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this 29th day
of March, 1993.
40
, NDY M ESE
City Clerk of the
City of El Segundo,
California
(SEAL)
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CERTIFICATION OF COMPLIANCE WITH
GOVERNMENT CODE SECTION 7507
I hereby certify that in accordance with Section 7507 of
the Government Code the future annual costs as determined
by the state, actuary and /or the increase in retirement
benefit(s) have been made public at a public meeting of
the City Council of the City of El Segundo on March 16,
1993 which is at least two weeks prior to the second
reading and adoption of the ordinance.
s
Date
Cindy Mortesen, City Clerk