CC RESOLUTION 4187RESOLUTION NO. 4187
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
EL SEGUNDO, CALIFORNIA, TO APPROVE AN AMENDMENT
TO THE CONTRACT BETWEEN THE BOARD OF ADMINISTRATION
OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE CITY COUNCIL OF THE CITY OF EL SEGUNDO
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 the 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 21354 (2% @ 55 Full and Modified formula) for
local miscellaneous 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.
SECTION 1. 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.
RESOLUTION NO. 4187
To amend PERS -Misc. to 2% @55
Page No. 1
PASSED, APPROVED AND ADOPTED this rd day of October 2000.
Mike Gordon, Mayor of the
ATTEST: City of El Segundo
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
I, Cindy Mortesen, City Clerk of the City of El Segundo, California, do hereby certify that
the whole number of members of the City Council of said City is five; that the foregoing
Resolution No. 4187 was duly passed and adopted by said City Council, approved and
signed by the Mayor of said City, and attested to by the City Clerk of said City, all at a
regular meeting of said Council held on the 3rd day of October, 2000, and the same was
so passed and adopted by the following vote:
AYES: Gordon, Jacobs, Gaines, McDowell, Wernick
NOES: None
ABSENT: None
ABSTAIN: None
NOT PARTICIPATING None
indy Mo s n, City Jerk
APPROVED AS TO FORM:
_ Tt.
rk Hensley, City Atto
RESOLUTION NO. 4187
To amend PERS -Misc. to 2% @55
Page No. 2