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Home My WebLink About1975-01-21; City Council; 3279; Amendment of PERS Contract for Safety Members5' FF E C I T 0 F C A R L S B A J, Agenda Bill e.o. ��9 Referred To: C fi L 2 F O R d I A Date: January 21, 1975 - Subject: Submitted By: AMENDMENT OF P.E.R.S. CONTRACT FOR Jerry Pieti SAFETY MEMBERS Personnel Director Statement of the Hatter As a part of the Memoranda of Understanding between the City of Carlsbad Police Officers Association and the Carlsbad Firefighters Association, the provisions of Section 21263.1 (one-half continuous benefits) of the California Government Code are to be included by amendment in the contract with P.E.R.S. The City has received the required actuarial report from P.E.R.S. On November 6, 1974 the Council. adopted Resolution No. 3542 which was a .required Statement of Intent to amend the contract. Two further steps are required to complete the amendment process. Ordinance No. IZIAV , attached, must be adopted and P.E.R.S. Form 702, must a executed. Following this action will be a second reading of the ordinance and 30 days thereafter, the existing contract will be amended as agreed. Exhibi t Ordinance No. -A 91 _ authorizing an amendment to contract. Retirement Form 702 (Amendment to Contract). Staff Recommendations to the City Manager Recommend introduction of Ordinance No.�. -.1 AB No. Date: January 21, 1975 City Manager's Recommendation Concur with staff recommendation. r h t� ►' I Counci2'Action 1-21-75 Ordinance #1174 was introduced for a first reading amending the contract between PERS and the City of Carlsbad in regards to Safety Members. 2-4-75 Ordinance #1174 was given a second reading and adopted. -2- t February 19, 1975 Pubjic Employees' Retirement System Pcst Office Box 1953 Sacramento, California 96801 Gentlemen: Enclosed is Carlsbad City Council Ordinafide, No. 1174, authorizing an amendment to the contract between the City of Carlsbad and , e Board of Administration of the California Pubic Employees' Retirement System, and the, original of "the Amendment to.tontract which has been executed by the Mayor of Carlsbad and attested to by the City Clerk. Also enclosed is a counterpart of said ,document. Please sign the original and the counterpart and return one to the City Clerk. Thank you for your attc-ition to this matter. Yours very tic-rly, MARGARET E. ADAMS, City Clerk Y?RGINIA M. SMITH, deputy Enclosures (3) o 1 ORDINANCE NO. 1174 2 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CARLSBAD AUTHORIZING AN AMENDMENT 3 TO THE CONTRACT BETWEEN THE CITY OF CARLSBAD AND THE :"BOARD OF ADMINISTRATION OF THE 4 CALIFORAIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM. 5 ' 6 The City Council of the City of Carlsbad does ordain as 7 follows: 8 SECTION 1: That an amendment to the -contract between the 9 City Council of the City of Carlsbad and the Board of Administra- 10 tion, California Public Employees' Retirement System, is hereby 11 authorized, a copy of said amendment being attached hereto, 12 marked Exhibit A, and by such reference made a part hereof as 13 though herein set out in full. c 14 -SECTION 2: The Mayor of the City of Carlsbad is hereby ` •15 authorized, empowered, and directed to execute said amendment for $uo 16 and on behalf of the City of Carlsbad. u0 j 17 EFFECTIVE DATE: This ordinance shall be effective thirty z a 18 days after its adoption, and the City Clerk shall certify to the zo-m > 19 adoption of this ordinance and cause it to be published at least 20 once in the Carlsbad Journal within fifteen days after its adop- 21 tion.' 22 INTRODUCED AND FIRST READ at a regular meeting of the 23 Carlsbad City Council held on the 21st day of January , 1975, 24 and thereafter 251 PASSED AND ADOPTED at a regular meeting of said Council 26 held on the 4th day of Februar.Y, 1975, by the following vote, 27 to wit: 28 AYES: Councilmen Frazee, Chase, Lewis and Skotnicki NOES: None 29 ABSENT: None 30 �Qc to C-/t��C� ATTEST: ROBERT C. FRAZEE Mayor 31 32 MARGARET E. ADA,`IS, City Clerk: (SEAS,) I AMENDINMIT TO CONTRACT BEWEEN THE BOARD OF ADM NISTRATION PUDLIC EMPLOYEES' RETIREIdENT SYSTEM AND '!ii}? CITY COUNCIL OF TIM CITY OF CARLSBAD The Board of Administration, Public D:tployees' Retirement System, hereinafter referred to as Board and the CITY COUNCIL of the CITY OF CARLSBAD, hereinafter re- ferred to as Public Agency, having entered into a contract under date of December 23, 1955, effective January 1, 1956, as amended effective July 1, 1957, January 1, 1959, and March 5, 1959, and as provided by Chapters 170 and 316, Statute.- of 3.971, which provide for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 9 are hereby stricken from said contract as executed effective January 1, 1956, and are hereby replaced by the following para- graphs numbered 1 through 8 inclusive: 1. All wards 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 miscellaneous members and age 55 for local safety members. 2. Public Agency shall participate in the Public Employees' Retirement System from and after January 1, 1956, making its employees as here- inafter 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 such as by express provision thereof apply only on the election of contracting agencies. 3. Employees of Public Agency in the following classes and groups shall become members of said Retirement System except such in each such class and group as are excluded by law or this agreement: a. Local firemen (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 miscellaneous members). In addition to the employees excluded from membership by said Retire- ment Law, the following employees shall not become members of the Retirement System: NO ADDITIONAL EXCLUSIONS r Ret. Form 702-1 4. The fraction of final compensation to be provided for miscellaneous 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 June 1, 1958 for members whose service has been included in the federal system. 5. The following provisions of the Public Employees' Retirement law which apply only upon election of a contracting agency shall apply to the Public Agency and its employees: a. The fraction of final compensation to be provided for each year of credited prior and current service as a local safety member shall be that provided in Section 21252.1 of the Retirement law. b. Section 20952.5 (providing for age 50 as the mini,mim voluntary retirement age for local safety members with benefit payments commencing prior to age 55 subject to actuarial discount). e.- Section 21263.1 (providing upon death of a local safety member who has retired for service or disability for the continuation of a post -retirement survivor allowance to certain survivors). 6. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellaneous members, the agency shall contribute the following percentages of monthly salaries earned as miscel- laneous members of said System: (1) 0.28 percent until June 30, 1980 on account of the liability for prior service benefits. (2) 7.18 percent on account of the liability for current service benefits. b. With respect to local safety members, the public agency shall contribute the following percentages of monthly salaries earned as local safety members of said System: (1) 13.490 percent on account of the liability for current service benefits. c. A reasonable amount per annum, as fixed by Board 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 periodical investigation and valuation required by law. d. A reasonable amount as fixed by the Board, payable in one install- ment as the occasions arise, to cover costs of special valuations on account of employees of Public Agency, and costs of 'the period- ical investigation and valuation required by law. Rot. Form 702-2 7. Contributions required of Public Agency and its employees shall be subject to adjustment by Board on account of amendments to the Public Employees' Retirement System, as determined by the periodical investi- gation and valuation required by said Retirement Law. 8. .Contributions required of Public Agency and its employees bhall be paid by Public Agency to the Retirement System within thirty days after the end of the period to which said contributions refer. If more or less than the correct amount of contribution is paid for any period, proper adjustment shall be made in connection with subsequent remittances, or adjustments on account of errors in payments between the employee and Board. Payments by Public Agency to Board may be made in the form of warrants, bank checks, bank drafts, certified checks, money orders, ^r cash. B. This amendment shall be attached to said contract and shall become effec- tive on the day of Witness our hands this day of BOARD OF AD`.�ff.�TISTRAS iON PUBLIC EMLOYEES' RETIPJbM NT SYSTEM BY William E. Payne, Executive Officer CITY COUNCIL OF THE CITY OF CARLSBAD BY �e-4(cJ,_ Presiding Officer Robert C. Frazee, Mayor Attest: • Clerkl., argaret E Ret. Form 702-3