ORDINANCE 1326ORDINANCE NO. 1326
AN ORDINANCE OF THE CITY COUNCIL OF THE
CITY OF EL SEGUNDO, CALIFORNIA, 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.
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 an ordinance to approve an
amendment to said contract:
NOW THEREFORE, 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, California 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 Council 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. The Ordinance shall take effect thirty (30) days after the date of its
adoption, and prior to the expiration of fifteen (15) days from the passage thereof shall be
posted in at least three (3) places throughout the City Hall of the City of El Segundo,
California, 350 Main Street, El Segundo, California, located in Los Angeles County and
thenceforth and thereafter the same shall be in full force and effect.
SECTION 4. The City Clerk is directed to certify the adoption of this ordinance and
shall cause the same to be published or posted in the manner prescribed by law.
ORDINANCE NO. 1326
AUTHORIZING AMEWNDMENT TO PERS CONTRACT
PAGE NO. 1
PASSED, APPROVED AND ADOPTED this 8th day of November ,
2000.
Mike 6ordon, Mayor
City of El Segundo, California
ATTEST:
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 Ordinance No. 1326
was duly introduced by said City Council at a regular meeting held on the 3rd day of October, 2000,
and was duly passed and adopted by said City Council, approved and signed by the Mayor, and
attested to by the City Clerk, all at a regular meeting of said Council held on the 8`h day of
November, 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
Cindy Mortesen, City Clerk
APPROVED AS TO FORM:
-�r
ark D. FtdKsley, City A
ORDINANCE NO. 1326
AUTHORIZING AMEWNDMENT TO PERS CONTRACT
PAGE NO. 2
Between the
]Board of Administration
California Public Employees' Retirement System
and the
City Council
City of Ell Segundo
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 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, June 27, 1992, May 15,
1993, January 8, 1994, January 19, 1996, April 4, 1997, October 13, 1997 and October 7,
2000 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
October 7, 2000, 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 and age 50 for local safety members.
LEASE D I SI GN „ �� FF ONLY,
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
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 superseded
this contract provision by providing that any such temporary and /or seasonal
employees are excluded from PERS membership subsequent to January 1,
1975. Legislation repealed and replaced said Section with Government Code
Section 20305 effective July 1, 1994.
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 21354 of said Retirement Law, subject to the
reduction provided therein for service on and after July 1, 1956, the effective
date of Social Security coverage, for members whose service has been
included in Federal Social Security (2% at age 55 Full and Modified).
7. The percentage of final compensation to be provided for each year of credited
prior and current service as a local fire member shall be determined in
accordance with Section 21362 of said Retirement Law (2% at age 50 Full).
,,,p y� a Fes' ix � g✓� � u y✓ � �. �� ,,t
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 21362.2 of said Retirement Law (3% at age 50 Full).
9. Public Agency elected and elects to be subject to the following optional
provisions:
a. Sections 21624 and 21626 (Post- Retirement Survivor Allowance) for
local safety members only.
b. Section 21571 (Basic Level of 1959 Survivor Benefits) for local
miscellaneous members only.
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 21024 (Military Service Credit as Public Service), Statutes of
1976.
f. Section 20042 (One -Year Final Compensation).
g. Section 21573 (Third Level of 1959 Survivor Benefits) for local fire
members only.
h. Section 21574 (Fourth Level of 1959 Survivor Benefits) for local police
members only.
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 fire members.
b. Contributions required per covered member on account of the 1959
Survivor Benefits provided under Section 21574 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 police members.
C. 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.
d. 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.;; direct payments between the employee and the
Board.
B. This amendment shall beaef on the day of
BOARD OF ADMINISTRA 61 CITY COUNCIL
PUBLIC EMPLOYEES' `ft�' REMENT SYSTEM CITY OF EL SEGUNDO
BY BY
KENNETH W. MA ON, CHIEF PRESIDING OFFICER `
ACTUARIAL &EMPLOYER SERVICES DIVISION
PUBLIC EM��'YEES' RETIREMENT SYSTEM
0
Witness Date HOC;
Attest:
AMENDMENT
PERS- CON -702A (Rev. 8196)
RESOLUTION NO.
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.
To amend PERS -Mise. to 2% @55
Page No. t
063
PASSED, APPROVED AND ADOPTED this 3rd day of October 2000.
Mike Gordon, Mayor of the
City of El Segundo
ATTEST:
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
i
I, Cathy Domann, 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. 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:
NOES:
ABSENT:
ABSTAIN:
NOT PARTICIPATING
Cindy Mortesen, City Clerk
APPROVED AS TO FORM:
Mark Hensley, City Attom
RESOLUTION NO.
To amend PERS -Misc. to 2% @55
Page No. 2
iJ�7