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ORDINANCE 1018bo ORDINANCE NO. 1018 AN ORDINANCE OF THE ___CiTY COUNCIL _ of the (Name of Governing Body) CITY OF EL SEGUNDO, CALIFORNIA auTho rizinq on (Name of Public Agency) AMENDMENT TO INE CONTRACT BETWEEN THE ri•ry ink Tr (Gove rninq Body) 1 -- - -- ANO THE "DOARD OF ADKINISTRAI'ION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYS'f EH. The CTPV rpITNrTi of the CITY OF EL SEGUI4DO (Name of Governing Body) (Nine of Public Agency) does ordain as follows: SECTION I. That an amendment to the Contract between the CITY COUNCIL (Ware of _ of the CTTY OF F7 _iNDO Governing Body) - - -- "'eon and the Board o! (Name of Fublic Agency) Administration, California Public Employees' Retirement Svste^ is hc,,,by authorized, a copy of said amendment Deing attached hereto, marked "Exhibit A ", and by sect. refer- ence made a part hereof as though herein set out in full. SE CTI07 2. The MAYOR of the (Title of Presiding Officer) CITY OF EL SEGUNDO Is hereby authorized, ampo.ee rn -, a.,_ ;i rested to (Name of Governing Oo&,; execute said amendment for and on behalf of said Agency, 5EC1104 _j. This Ordinance shall take effect 30 days r -- c,e ca'e of Its adoption, and prior to the expiration of iq days from the c-_ cr. re­ - 1 be published �t leost • once in the EL SEGUNDO HERALD _ (K._ c'� Newspaper) A newspaper of general circulation, published and clrculete? ir. r > CITY OF (kave -- ELSEaUMQ and thenceforth a•.;c rherea °ter the same Public Agency) shelf be in full force and effect. Adopted and approved this 5th day of January + • I ^.82 , (Presiding Officer) Attest' Mayor of the City of E1 Segundo, California. C1e rk (SEAL) PERS- ',GN -II (A- nendment) r—`� 5450 AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EF'i LOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF EL SEGUNDO The Board of Administration, Public Employees' Retirement System, herein- after referred to as Board, and the governing body of above Public agency, hereinafter referred to as Public Agency, having entered into a contract under date of August 25, 1943, effective October 1, 1943, and as November 1, 1947, August 1, 1949, July 1, 1950, November 1 J1955, September 1, @ 9, 1959, November 7, 1964, October 19, 1968, ember 11, 1971, July 20, 1974, July 19, 1975, January 3, 1976, July 16,E q and June 3, 1978, -which provides for participation of Public Agency in sr�l System, Board and Public Agency hereby agree as follows: A. .Paragraphs 1 through 8 are hereby stricken from ,,�,sd contract as executed effective July 19, 19759 and hereby replaced the following paragraphs numbered 1 through 11 inclusive: Lj 1. All words and terms used herein whichi�re defined in the Public Employees' Retirement Law shall bav�he meaning as defined . therein unless otherwise specifically pro 9d. "Normal retirement age" shall mean aze 6O for local miscellaneoSt age 50 for local safety members hired prior to the effe va date of this contract amendment and age 5= for local police me d�eSers hired on or after the effective date t- amendment. 2. Public Aaenry shall participate in the Public Fm- _lcyses' Retirement System -ram and after October 1, 1943 making its em=_ecees as hereinafter provided, members of said System sab!ect to all provisions of the Public Employees' Retirement Law except ZUCh election of a contracting -s or he ealy on g gencp and are not :- o-r_i =d 'or herein and to all amendment, to said Law hereafter enacted e- -t such as by amoss Pro isions thereof apply only on the ale `cz of contraciiug _ 9. 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 Fireman (herein referred to as local safety members); b. Local Policemen (herein referred to as local safety members); C. Employees other than local safety members (herein referred to as local miscellaneous members). 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 4. Effective August 1, 1974 and prior to January 1, 1975, those member, 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. 5. The fraction of final compensation to be provided for local miscel- laneous members for each year of credited prior and current service shall be that provided in Section 21251.13 subject to the reduction provided therein for service on and after January 1, 1956 of members whose service has been included in Federal Social Security., 6. The fraction of final compensation to be provided for eacoear of credited prior and current service as a local safety me r shall be determined in accordance with Section 21252.01 of said,4irement Law (2% at age 50 Full), for those local safety members h' d prior to the effective date of this contract amendment. 7 The fraction of final compensation to be provided It each year of credited prior and current service as a local safe member shall be determined in accordance with Section 21252.6 of��id Retirement fte Law (2% at age 55 Full), for those local police meml;& hired re en after the effective date of this contract amendment.0 8. The foZ'- ow-:cg additional provisions of the R*lic Employees' Retire - went Law which apply only upon election oftcontracting agency ,hall apply to the Public Agency and its employ S�1: a. Sec tier 20952.5 (Age 50 voluntary retirement) for local safety members only. b. Sections 21263/21263.1 (Post - retirement sur*-:vor allowance), for kcal safety members only. c. Sectic s 21380- 21387, (1959 Survivors Progr°=,`., excluding Section 21152.2 (Increased 1959 Survivors benefits). d. Section 21222.1 (Special 5% increase - 197C). e. Section 21222.2 (Special 5% increase - 1971). f. Section 20930.3 (Military service credit) as defined in Chapter 830, Statutes of 1976„ for local fire members only. g. Section 20024.2 (One -year final compensation), for local police members only. h. Section 20461.6 (Reduction of benefits for future employees), applied to Section 21252.1 (2% @ 50), for local police members only. 545'.1 • 9. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellaneous members, the agency shall con- tribute the following percentages of monthly salaries earned as miscellaneous members of said Retirement System: (1) 0.031 percent until June 30, 2000 on account of the liability for prior service benefits. (2) 12.403 percent on account of the liability for current service benefits. (3) 0.006 percent on account of the liability for the 1959 Survivor Program. b. With respect to local safety members, the agency shall contribute the following percentages of monthly salaries %earned as local safety members of said Retirement System: � (1) 0.122 percent until June 30, 2001 on.a�cgZunt of 'the ., liability for prior service benefit,,C�' (2) 31.322 percent on account of the debility for current service benefits. C. A reasonable amount per annum, as -ed by the Board to cover the costs of administering said Systn a it & -facts the employees of Public Agency, not including the-�Fosts of special valuations or of the periodic investigation C valueticns required by law. 6 ) d. A reasonable amount as fixecj the Board, pa -a c_e in one install- ment as the occasions aria to cover the costs c_' special valua- tions on account of emplo e'es of Public tro_ov, —d costs of the periodic investigation and valuations required ty law. 10. Contributions required of Public Agency and its e - "_cyees shall b subject to adjustment by Board on account of a= e- ?_=_.s to the ?ublic Employee' Retirement Law, and on account of t_= _ =e -ience unc =_r the Retirement System as determined by the periodic "_c=_stigation ant valuation required by said Retirement Law. 11. Contributions required of Public Agency and its emnloyees shall b ' paid by Public Agency to the Retirement System x_t in thirty days after the end of the period to which said contr- cations refer or as may be prescribed by Board regulation. If sore or less than the correct amount of contributions is paid for say period, proper adjustment shall be made in connection with subsequent remittances, or adjustments on account of errors in contributions required of any employee may be made by_direct cash payments between the employee and the Board. Payments by Public Agency to Board may be made in the form of warrants, bank checks, bank drafts, certified checks, money orders or cash. r 'B. This amendment shall be attached to said contract and shall be effective on the day of t9 Witness our hands the day of t 9 BOARD OF ADMINISTRATION CITY COUNCIL PUBLIC EMYLOYE?'S' RETIREI' -NT SYSTEM OF THE CITY OF EL SEGUNDO BY Carl J. Blechinger, Executive Officer Approved as to form: C this G. Bea es�r, Legal Office, Date I 2� BY Press di¢g Office Attest: d Clerk PENS ?OZ :,45.j 545:! STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO ) 1 VALERIE A.. BURROWES. , , , , , , , , , 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 ordinance, being Ordinance No. 1018 is a full, true and correct original of Ordinance No. ,1018 , of the said City of El Segundo, California, entitled: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEE'S RE- TIREMENT SYSTEM. which was duly passed and adopted by the said City Council, approved and signed by the Mayor of said City, and attested by the City Clerk of said City, all at a regular meeting of the said Council held on the , 5th.... day of January 19. 82 ........ and that the same was so passed and adopted by the following vote: AYES: Councilmen .ARMSTRONG,, B[IE,, ,AND MAWA KANNAANKEN, NOES: Councilmen ,NONE ...... ............................... ABSENT: ........... ,NONE ...... ............................... I do hereby further certify that pursuant to the provisions of Section 36933 of the Government Code of the State of California, that the foregoing Ordinance No. ........ was duly and regularly published according to law and the order of the City Council of said City in the El Segundo Herald, a weekly newspaper of general circulation, printed, published and circulated within said City and that the same was so published therein on the following date, to wit: ..................... City Clerk of the City of El Segundo, California (SEAL) By......... ............................... Deputy