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HomeMy WebLinkAbout1980-05-06; City Council; Resolution 61800 RESOLUTION NO. 6180 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES ' RETIRENENT SYSTEM AND THE CITY COUNCIL OF THE CII'Y CF CARLSBAD WHEREAS, the Public Einployees' 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 prmedure by which said public agencies may elect to subject them- selves and their employees to amendments to said Law; and WHEREAS, one of the steps in the procedure to amend this contract is the adoption by the legislative body of the public agency of a resolu- tion giving notice of its intention to approve an amenchent to said contract, which resolution shall contain a summzy of the change proposed in said contract; and WHEREAS, the following is a statement of the proposed change: To provide Sections 21380-21388 (1959 Survivors Program), for local safety members. NOW, THEREFORE, BE IT RESOLVED, that the governing body of the above agency gives, and it does hereby give notice of intention to approve an anendment to the contract between the said governing bdy and the bard of Administration of the Public Employees' Retirement System, a copy of said anendment being attached hereto, as an "&hibit" and by this reference made a part hereof. May 6, 1980 (Date adopted and approved) Mayor (TITLE) Ret. Form 122 61 80 Resolution Nu, 0 Exhibit A to Benefits to Employees Under PERS SENNOR BENEFITS (Benefits provided by Sections 21380-21388 of the Retirement Law) 0 BENISFITS Survivors of members who elect coverage under the PERS Survivor Program and whose death occurs before retirement will receive a monthly life income as follows: Spouse and two or more dependent children 8430 or Three or more dependent children, alone Spouse and one dependent child $360 or Two dependent children, alone Spouse, alone, age 62 8180 or One dependent child, alone If there is no spouse or dependent child, then $180 to each dependent parent (age 62) CONDITIO3S : 1. A dependent child is one under the age of 18 and unmarried, or a disabled child of any age who has been continuously disabled since age 18. purposes of the 1959 Survivor allowance, a person shall be considered under the age of 18 if he is unmarried, full-time student between' the ages of 18 and 22,) (For 2. 3, 4. A spouse ceases to be eligible for a benefit upon remarriage, A widower will be eligible for the same benefit as a widow. k widow (or widower) must be married to member prior to the occurrence of the injury or onset of the illness which resulted in death. 5. The bask death benefit currently included in your retirement program pro- vides that should a member die prior to his retirement, his beneficiary would be paid the member's accumulated contributions plus an addition& amomt equal to one-month's salary for each year of service, up to a nax- ima of six months. to any basic death benefit the survivor may be entitled to receive. If a member is covered under both the PEFIS 1959 Survivor Benefit described above and the survivor benefits as provided in Spction 21365.5 (1957 Survivors BPnefit) of the Retirement Law, the survivor will be paid both benefits. Section 21383 - lf survivor is entitled to special death benefit and at the same time is entitled b receive a survivor allowance, the survivor allowance payable in any month shall be reduced by the amount of the special death benefit allowance. The above survivor benefits will be payable in addition 6. 7. 0 0 COST 'M) THE ~~YEZ Each employee will contribute $2.00 a month in addition to his nornal retire- ment contributions. termination of emgloyment or retirement and under no circumstances win these contributions be refundable. l3FFEXTmE DATE He will continue to pay this additional amount; until either These survivor benefits will become effective on (Date). ,_ All present members of the System will be given the opportunity by written ballot to select this survivor coverage. until they terminate their employment or retire. Persons who choose coverage will remain covered For agencies not covered under Social Security all future employees would be mandatorily covered under this program. Security dl future employees are mandatorily covered under Social Security and, therefore, are not eligible for the PW survivor benefits, For agencies who are covered under Social. Under the PERS survivor program, if a member passes away before retirement Leaving spouse and four children., spouse would receive a monthly income of $430 until such time as the three oldest children have passed age 18 (so that she now only has one child under the age of IS) at which time her benefit would be reduced to $360. 18 at which time the payment would cease until the spouse reaches the age of 62. The spouse would then receive $180 a month for the remainder of his/her lifetime. The spouse ceases to be eligible for the benefit upon remarriage although benefits would continue to any remaining children under the age of 18. The $360 would continue to be paid until the last child passes the age of For the purposes of the 1959 Survivor allowame, a person shall be considered under the age-of-18 if he/she is an unmarried, full-time-student 18 and 22. between the ages of