ORDINANCE 1210ORDINANCE NO. 1210
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF EL
SEGUNDO, AUTHORIZING AN AMENDMENT TO THE CONTRACT
BETWEEN THE CITY COUNCIL OF THE CITY OF EL SEGUNDO AND
THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC
EMPLOYEES' RETIREMENT SYSTEM.
The City Council of the City of El Segundo does ordain as follows:
SECTION 1. That an amendment to the contract between the City Council of
the City of El Segundo and the Board of Administration, California Public Employees'
Retirement System is hereby authorized, a copy of said amendment being attached
hereto, marked Exhibit, and by such reference made a part hereof as though herein
set out in full.
SECTION 2. The Mayor of the City of El Segundo is hereby authorized,
empowered, and directed to execute said amendment for and on behalf of said
Agency.
SECTION 3. This Ordinance shall take effect 30 days after the date of its
adoption. The City Clerk shall certify to the passage and adoption of this ordinance;
shall cause the same to be entered in the book of original ordinances of said city,
shall make a minute of the passage and adoption thereof in the records of the meeting
at which the same is passed and adopted; and shall cause to be posted in three
public places in the City of El Segundo.
PASSED, APPROVED, AND ADOPTED THIS 7TH DAY OF
marl Jacobsoroayor
of the City of El Segundo,
California
ATTESTED:
m en, '
City Clerk
APPROVED AS TO FORM:
c_ Q 6-x'1
Leland C. Dolley;
City Attorney
STATE OF CALIFORNIA }
COUNTY OF LOS ANGELES } ss.
CITY OF EL SEGUNDO }
1993.
I HEREBY CERTIFY that the foregoing Ordinance No. 1210 was introduced at
a regular meeting of the City Council of the City of El Segundo held on the 16th day of
November 1993, and adopted at a regular meeting of the City Council of the City of El
Segundo held on the 7th day of December 1993 by the following vote to wit:
AYES: Mayor
NOES: None
ABSENT: None
ABSTAINED: None
NOT PARTICIPATING:
Jacobson, Mayor ProTem Wise, Councilmen West,Switz,Robbins.
None
Ci dy Morte n, ity v Jerk
(SEAL)
OONTR9G1i
2308 , . -,
AGREEMENT AUTHORIZING THE RELEASE OF 1959 CITY OF FI' SFm.INDO
SURVIVOR BENEFITS ASSETS AND LIABILITIES INTO
THE THIRD LEVEL 1959 SURVIVOR BENEFIT POOL
BETWEEN THE BOARD OF ADMINISTRATION OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE
CITY COUNCIL OF THE CITY OF EL SEGUNDO
WHEREAS,the City Council of the City of E1 Segundo has adopted
a Resolution of Intention to include in its contract with the Board
of Administration, Public Employees' Retirement System, pursuant to
Government Code Section 21380 - 21387, including Government Code
Section 21382.4, the Third Level of 1959 Survivor Benefits for
local police members; and
WHEREAS, Government Code Section 21382.4, requires all assets
and liabilities of all contracting agencies subject to this
section, and their employees who are covered by this section, to be
pooled into a single account;
NOW THEREFORE BE IT AGREED:
Accumulated and /or future contributions required of the
City of E1 Segundo and. its covered employees are to be
released, pursuant to the provisions of Government Code
Section 21382.4, to a single account referred to herein as the
Third Level 1959 Survivor Benefits Pool.
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
By
CHIEF, CONTRACT SERVICES DIVISION
PUBLIC EMPLOYEES'S RETIREMENT
SYSTEM
CITY COUNCIL
OF THE
CITY OF EL;8
By'
It
YOR OF
OF EL SE
ATTESTED:
t_
C ' "y Mor en, 6ity Clerk
APPROVED AS TO FORM:
City Attorney