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HomeMy WebLinkAbout2007 005 CC RESO2007 005 CC RESO@ˆæw4„¾ RESOLUTION NO. 2007-005 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK GRANTING ANOTHER DESIGNATED PERIOD FOR TWO YEARS ADDITIONAL SERVICE CREDIT WHEREAS, the City Council of the City of Baldwin Park is a contracting Public Agency of the Public Employee's Retirement System; and WHEREAS, said Public Agency desires to provide another designated period for Two Years Additional Service Credit, Section 20903, based on the contract amendment included in said contract which provided for Section 20903, Two Years Additional Service Credit, for eligible members; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE: SECTION 1. That said City Council does seek to add another designated period, and does hereby authorize this resolution, indicating a desire to add a designated period from January 29, 2007 through May 11, 2007 for eligible miscellaneous members. SECTION 2. The City Clerk shall certify to the adoption of this resolution. PASSED, APPROVED AND ADOPTED this 7t f nuary, 2007. MA U O d MAY, 2007 005 CC RESO@ˆæw4„¾ Res§ÒI§hn No. 2007-05 XÒEî' Page 2 ATTEST: STATE OF CALIFORNIA COUNTY OF LOS ANGELES >4½) CITY OF BALDWIN PARK I, ROSEMARY M. GUTIERREZ, Chief Deputy Citg4&¢brk, of the City of Baldwin Park, do hereby certify that the foregoing Resolution was dg`RE¯id regularly apprnved and adopted by the City Council of the City of Baldwin Park at a re‹E¼'meeting thereof, held on the 17th day of January, 2007 by the following vote: AYES: ¼‹ Eî' COUNCILMEMBERS: Anthony J. Bejarano, David J. Olivas, ÚiôEî' Ricardo Pacheco, Mayor Pro Tern ´÷öEî' Marlen Garcia and Mayor Manuel zŸýEî' Lozano NOES: ! COUNCILMEMBERS: zŸ“*€B ABSENT: COUNCILMEMBERS: NONE ABSTAIN: COUNCILMEm_›7= NONE ROSEMAR TI REZ CHIEF DEPUTY CITY CLERK moÞhÄ BIB] 39118-U01 2007-U02 005-U02 CC-U02 RESO-U02 LI3-U03 FO8417-U03 FO99QÀH›73 DO99420-U03 C6-U03 RESO-U03 1/30/2007-U04 ROBIN-U04 2007 005 CC RESO@ˆæw4„¾ Resolution No. 2007-05 Page 3 CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Branch Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 CERTIFICATION OF COMPLIANCE WITH GOVERNMENT CODE SECTION 20903 In accordance with Government Code Section 20903 and the contract between the Public Employees' Retirement System, the City Council of the City of Baldwin Park hereby certifies that: 1. Because of an impending curtailment of, or change in the manner of performing service, the best interests of the agency will be served by granting such additional service credit. 2. The added cost to the retirement fund for all eligible employees who retire during the designated window period will be included in the contracting agency's employer contribution rate for the fiscal year that begins two years after the end of the designated period. 3. It has elected to become subject to Section 20903 because of impending mandatory transfers, demotions, and layoffs that constitute at least 1 percent of the job classification, department or organizational unit, as designated by the governing body, resulting from the curtailment of, or change in the manner of performing its services. 4. Its intention at the time Section 20903 becomes operative is to keep all vacancies created by retirements under this section or at least one vacancy in any position in any department or other organizational unit permanently unfilled thereby resulting in an overall reduction in the work force of such department or organizational unit. THEREFORE, the City Council of the City of Baldwin Park hereby elects to provide the benefits of Government Code Section 20903 to all eligible members who retire within the designated period January 29, 2007 through May 11, 2007. CITY COUNCIL OF THE CITY OF BALDWIN PA DATE: 7 BY: Attest: Mayorf~~far~o Presiding Officer) Rosemary Gutierrez, hief Deputy City Clerk 2yr certification-PA Rev.4/04) 2007 005 CC RESO@ˆæw4„¾CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Branch Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 888) CalPERS 225-7377) CERTIFICATION OF COMPLIANCE WITH GOVERNMENT CODE SECTION 7507 I hereby certify that in accordance with Section 7507 of the Government Code the future annual costs as determined by the System Actuary for the increase in retirement benefit(s) have been made public at a public meeting of the City Council of the governing body) City of Baldwin Park public agency) on December 6, 2006 which is at least two weeks prior to the adoption of the date) Resolution / Ordinance. Clerk/Secret ry Title Date PERS-CON-12A rev. 1/96) i BIB] 39118-U01 2007-U02 005-U02 CC-U02 RESO-U02 LI3-U03 FO8417-U03 FO99417-U03 DO99420-U03 C6-U03 RESO-U03 1/30/2007-U04 ROBIN-U04