HomeMy WebLinkAboutOrdinances_1563_CCv0001.pdf ORDINANCE NO. 1563
AN ORDINANCE OF THE CITY COUNCIL of the
(Name of Governing Body)
CITY OF REDIANDS authorizing an
(Name of Public Agency)
AMENDMENT TO TVE CONTRACT 077TWEEN THE Citv -Coun ' I
(Governing Body)
AND THE BOARD OF AIVIIHISTRAT160111 OF THE CALIFORHIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM.
The City Council of the
Mame of Governing Body) (Name of Public. Agenc-0
does ordain as follows:
SECTION 1. That an ams-ndment to the Contract between the City o
___CC_unci1
(Name of
of the City of Redlands---- and the Doer of
Governing Body) (Name of Public Agency)
Administration, California Public Employees' Retirement System is hereby authorized,
a copy of said amendment being attached hereto, marked "Exhibit A", and by such refer-
ence made a part hereof as though herein set out in full .
SECTION 2. The I-----Mayor of the
(Title of Presiding Officer)
City Council-- Is hereby authorized, empowered, and directed to
(Name of Governing Body)
execute said amendment for and on behalf of sold Agency.
SECTION This Ordinance shall take effect _30 days after the date of Its
adoption, and prior to the expiration of
_15 days from the passage thereof shall be
published at least once in the Redlands Daily Facts
(Name of Newspaper)
a newspaper of general circulation, published and circulated in the (Name of
City of Redlands and thenceforth ars: thereafter the sama
Public Agency)
be In full force and effect.
Adopted and approved this 5th day of --Aucrust ,, 19_7.a.
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Attest: cting ay City 0C3iitMy*X*Redl s
D epu ty City Clerk
PERS-ACT-11 (Amend.-Pont) (9/71)
EXHIBIT A
AMNDMENT TO CONTRACT BETWEEN THE
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF REDLANDS
The Board of Administration Public Employees' Retirement System, hereinafter
referred to as Board and the CITY COUNCIL of the CITY OF REDLANDS, hereinafter re-
ferred to as Public Agency, having entered into a contract under date of June 1,
1945, effective July 1, 1945, as amended effective January 11 1953, August 1, 1956,
March 1, 1957, January 1, 1960, August 1, 1961, January 1, 1969, August 16, 1969,
May 16, 1973, and April 25, 1974, and as provided by Chapters 170 and 316, Statutes
of 1971, which provide for participation of Public Agency in said System, Board and
Public Agency hereby agree as follows:
A. The following sub-paragraph shall be added to Paragraph 5 of said
contract:
5 (e) Section 21263 and 21263.1 (providing upon the death of a
Miscellaneous or local safety member who has retired for
service or disability for the continuation of a post-
retirement survivor allowance to certain survivors).
B. Paragraphs 6(a) and 6(b) shall be stricken from said Contract and the
following paragraphs substituted therefor:
6a. With respect to miscellaneous members, the public agency shall
contribute the following percentages of monthly salaries earned
as miscellaneous members of said System:
(1) 0.084 percent until June 30, 1984 on account of the liability
for prior service benefits.
(2) 8.80 percent on account of the liability for current service
benefits.
(3) 0.27 percent until May 31, 1983, to provide the benefits
under Section 21222.1 of the Government Code.
6b. 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) 0.882 percent until July 1, 1976 on account of liability !
for prior service benefits.
Ret. Form 702-1
(2) 14.507 percent on account of the liability for current
service benefits.
(3) 0.430 percent until May 31, 1983 to provide the benefits
under Section 21222.1 of the Government Code.
c. This amendment shall be attached to said Contract and shall become
effective on the day of
Witness our hands this day of
BOARD OF ADMINISTRATION CITY COUNCIL OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF REDLANDS
BY BY
Carl J. Blechinger, Executive Officer Presiding Officer
Approved as to form: Attest:
Lloyd C. Graybill, Administrative Adviser Clerk
Ret. Form 702