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Home My WebLink AboutOrdinances_2580_CCv0001.pdf ORDINANCE NO, 2580 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF DLANDS AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF REDLANDS AND THE BOARD OF ADMINISTRATION CSE' THE CALIFORNIA PUBLIC EMPLOYEES' RE TIREMENT SYSTEM The City Council of the City of Redlands does ordain as follows: Section 1. That an ainendment to the contract between the City Council of the City of Redlands and the Board of administration, of the 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 through herein set out in full. Section 2. The Mayor of the City Council is hereby authorized, empowered and directed to execute said amendment for and on behalf of said Agency. Lection 3. The Mayor shall sign this ordinance and the City Clerk shall cei-tify, to the adoption of this ordinance and shall cause it, or a summary of it, to be published once in the Redlands Daily Facts, a newspaper of general circulation within the City of Redlands, and therefore, this ordinance shall take effect in accordance with the law. M 'or of the City of Redlands Attest- ity Clerk, Cit� 0 d A�inid- Cs I, Lorrie Poyzer, City Clerk of the City of Redlands, hereby certify that the foregoing ordinance was duly adopted by the City Council at a regular meeting thereof held on the 3rd day of August, 2004, by the following vote: AYES: Council embers Gil, Gilbreath, George, Harrison; Mayor Peppler NOES: None ABSENT: None ABSTAIN: None Lorrie Poyzer. City t r City of Redlands CaIPERS EXHIBIT California Public Employees' Retirement System AMENDMENT TO CONTRACT Between the Beard of Administration California Public Employees ' Retirement Syst and the City Council City of Redlands 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, laving entered into a contract effective July 1, 1946, and witnessed June 1, 1945, and as amended effective January 1, 1953, August 1, 1966, March 1, 1957, January 1 1960August 1, 1961, January 1, 1969, Agust 16, 1969, May 16 1973, April 25, 1974, September 22, 1976, July 12, 1976, February 18, 1986, April 11, 1963„ October 24, 1983, June 29, 1987, November 19, 1999, January 10, 2666 and April 6, 2061 which provides for participation of Public Agency in said System, Board and 'Public Agency hereby agree as follows: A. Paragraphs 1 through '12 are hereby stricken from said contract as executed effective April 6, 2001,'> and hereby replaced by the following paragraphs numbered 1 through 12 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 55 for local miscellaneous member=s and age 59 for local safety members. = - i EX1 12'IT ., a - +. . Public Agency shall participate in the Public Employees' Retirement' System from and after July 1, 1945 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 Lair hereafter enacted except those, which by express provisions thereof, apply only on the election of a contracting agency. Employees of Public Agency in the following classes shall became 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 a local miscellaneous members) 4. In addition to the classes of employees excluded from membership by said Retirement Lara, the following classes of employees shall not become members of said Retirement System- a. PERSONS COMPENSATED ON AN HOURLY BASS HIRED ON OR AFTER JANUARY 1, 1969, The percentage of final compensation to be provided for each year of credited prior and current service for local miscellaneous members shall be determined in accordance with Section 21354 of said Retirement Law, subject to the reduction provided therein for service on and after January 1, 1956, the effective date of Social Security coverage, for members whose service has been included in Federal Social Security 2% at age 66 Full and Modified), 6 The percentage of final compensation to be provided for each year of credited prior and current service as a local safety member shall be determined in accordance with Section 21362.2 of said Retirement Lave (3% at age 50 Full). PLEASE DO NOT b1UN -t:AH1b1 I UN- 7. Public Agency elected and elects to be subject to the following optional provisions: a. Section 21222.1 (Special 5% Increase - 1970). Legislation repealed said Section effective January 1, 1980. b: Section 21222.2 (Special 5% Increase - 1971). Legislation repealed said Section effective January 1, 1980. C. Sections 21624 and 21626 (Post-Retirement Survivor Allowance). d. Section 20614, Statutes of 1978, (Reduction of Normal Member Contribution Rate). From February 18, 1980 and until April 11, 1983, the< normal local miscellaneous member contribution rate shall be 0%. From February 18, 1980 and until October 24, 1983 the normal member contribution rate shall be 7% for local fire members and 6% for local police members. Legislation repealed said Section effective September 29, 1980. e. Section 20690, Statutes of 1980, (To Prospectively Revoke Section 20614, Statutes of 1978). f. Section 20042 (One-Year Final Compensation). 9. Section 21024 (Military Service Credit as Public Service), Statutes of 1976. h. Section 20965 (Credit for Unused Sick Leave) for local fire members only. 8. Public Agency, in accordance with Government Code Section 20790, ceased to be an "employee' for purposes of Section 20834 effective on February 18, 1980. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20834, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20834. 9t 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, 10. Public Agency shall also contribute to said Retirement System as follows: a. 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 bylaw. b. 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. 11. 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. 12. 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 by direct payments between the employee and the Board. B, This amendment shall be eftctive on the day of BOARD OF ADMINISTW, N CITY COUNCIL X PUBLIC EMPLOYEES' I Tl[REMENT SYSTEM CITY OF REI LANDS ell BY BY KENNETH W. ION, CHIEF PRESIDING OF 5R ACTUARIA `MPLOYER SERVICES DIVISION PUBLIC*"E64�OYEES- RETIREMENT SYSTEM witate c/ i �,�v Attest: Bled AMENDMENT ER#0078 PERS-CON-702A(Rev.8\02) CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Division Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (888) Ca1PERS (225-7377) CERTIFICATION OF COMPLIANCE WITH GOVERNMENT CODE SECTION 7507 1 hereby certify that in accordance with Section 7507 of the Government Code the future annual costs as determined by the System Actuary and/or the increase in retirement benefit(s) have been made public at a public meeting of the CITY COUNCIL of the (governing body) CITY OF REDLANDS (public agency) on July 20, 2004, which is at least two weeks prior to the adoption of the (date) R"6t"QR 1 Ordinance. Lorrie Poyzer, City Clerk Title Date August 4, 2004 PERS-CON-12A(rev, 1/96)