HomeMy WebLinkAboutORD 414ORD 414x
ôÎ À 9 ORD^NCE NO. U^U
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF BALDWIN PARK AUTHORIZING THf EXECUTION OF A
CONTRACT BETWEEN THE CITY COUNCIL AND THE BOARD
OF ADMINISTRATION OF THE CALIFORNIA STATE
EMPLOYEES' RETIREMENT SYSTEM
THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES ORDAIN
AS FOLLOWS(
SECTION I. That a Contract between the City Council of the
City of Baldwin Park and the Board of Administration, California State
Employees' Retirement System Is hereby authorized, a copy of said
Contract being attached hereto, marked Exhibit A", and by such
reference made a part hereof as though herein set out in full,
SECTION 2, The ayor of the City Council is hereby
authorized, empowered, and directed to execute said Contract for
and on behalf of said Agency*
SECTION 5, This Ordinance shall take effect 50 days after
the date of tts adoption, and prior to the expiration of 15 days from
the passage thereof shall be published at least once In the Baldwin
Park Bulletin, a newspaper of general circulation, published and cir-
culated In the City of Baldwin Park and thenceforth and thereafter the
same shall be In full force and effect.
ADOPTED AND APPROVED this 7th_____day of July____,
1965.
Z/->--\^L^1 *^ V-^V^L^C-Q-^^
vory btf^TCrrtes, Mayor
ATTEST:
S^^^
Thelma L, Balkus, City Cterk
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES) SS.
CITY OF BALDWIN PARK
I, THELMA L« BALKUS, City Clerk of the City of Baldwin Park,
do hereby certify that the foregoing Ordinance No. U\U was regularly
Introduced and placed upon Its first reading at a________—_«_
regular meeting of the City Council on the 16th day of June
1965. That, thereafter, said ordinance was duly adopted and passed at
a__________________regular meeting of the City Council on the
7j-h____day of_____July____, 1965, by the following vote;
AYES» COUNCILMEN GREGORY. MOREHEAD. ADAIR., CCARON AND MAYOR rPITF<^
NOESt COUNC I LMEN NONE___________________________________
ABSENT; COUNCILMEN NONE
y3uUi^-
Thelma L. Balkus, City cferk
FIRST READING.....^./..^..fc.^
SECOND READ.rjG.J.::..!::.^'..
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ORD 414x
ôÎ À 9 CONTRACT
BETWEEN THE
STATE EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF BALDWIN PARK
In consideration of the covenants and agreement hereafter contained and on the
part of both parties to be kept and- performed. Public Agency and Board hereby agree
as follows:
1. All words and terms used herein which are defined in the State 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 60 for local safety members.
2. Public Agency shall participate in the State Employees9 Retirement System
from and after September 1, 1965, making its employees as hereinafter
provided, members of said System subject to all provisions of the State
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 shall become members
of said Retirement System except such in each such class as are excluded
by law or this agreement:
a. Local policemen herein referred to as local safety members);
b. Employees other than local safety members herein referred to as
miscellaneous members)•
The following employees shall be excluded from membership in scid Retire-
ment System:
EXCLUDE LOCAL FIREMEN
EXCLUDE EMPLOYEES COMPENSATED ON AN HOURLY BASIS
4. 1/60 shall be the fraction of final compensation to be provided for each
year of credited current service as a miscellaneous member upon retirement
at normal retirement age, subject, however, to the modification set forth
in Paragraph 5 below.
5. The fraction of final compensation specified in Paragraph 4 shall be
reduced in the case of each member whose position is covered by Federal
Social Security to 1/90 for application to that part of final compensation
which does not exceed the monthly equivalent of the maximum annual amount
included in wages" under Section 209, Social Security Act, it being recog-
nized that such maximum may be changed from time to time by amendment to
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ORD 414x
ôÎ À 9 said Social Security Act and intended that any such change subsequent
to the effective date of this contract shall not affect the amount of
any retirement allowance based on service during any period prior to the
date of such change.
6. Benefits for miscellaneous members on account of each year of prior
service shall be as provided in Section 21253 except that the fraction
of final compensation otherwise provided therein shall be reduced by
1/3 for application to the first $400 per month of final compensation
in the case of each member whose position is covered by Federal Social
Security,
7. Benefits for local safety members on account of each year of prior
service shall be 100% of the fraction of final compensation for each
year of current service as determined for local safety members under
said Retirement Lav and this contract.
8. The retirement benefits payable upon retirement for ordinary disability
shall not be affected by the modification provided in Paragraph 5 of this
contract except that for the purposes of the limit on any such allowance
imposed under Section 21297, Government Code, allowances for retirement
for service shall be computed according to the modified formula set out
in Paragraph 5 of the contract. All other provisions of this contract
shall be fully applicable to the computation of allowances upon retire-
ment for disability.
9. Contributions for miscellaneous members shall be subject to Section 20601.5
providing for a reduction in rates of contribution as it relates to that
part of the monthly compensation which does not exceed the monthly equivalei
of the maximum annual amount included in wages" under Section 209, Social
Security Act, and 100 percent of such rate as it applies to the remainder
of the monthly compensation. Miscellaneous members whose positions are
excluded from Social Security coverage shall contribute in accordance with
Section 20601,
10. The following provisions of the State Employees' Retirement Law which apply
only upon election of a contracting agency shall apply to the Public Agency
and its employees:
a. Sections 21251,1 and 21253 providing for a guaranteed percentage of
final compensation for each year of current and prior service),
b. Section 21252.5 providing for a guaranteed percentage of final
compensation for each year of current service for local safety
members and a temporary annuity to age 65).
c. Section 20024,01 defining final compensation" on the basis of a
period of three consecutive years),
d. Section 2l258(b) providing a minimum retirement allowance of $720.00
per year under certain conditions).
e. Section 21367.51 providing a $400,00 death benefit upon death
after retirement),
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ORD 414x
ôÎ À 9 f. Section 20025 providing for inclusion of compensation without limit
iti computations where compensation is a factor),
g. Section 21365.5 providing a monthly allowance in lieu of the basic
death benefit for certain survivors of a member who dies in employ-
ment after qualifying for voluntary service retirement).
11. Public Agency shall contribute to said Retirement System as follows:
a. 1.991 percent of total salaries paid monthly to members until
June 30, 1985 on account of the liability for prior service benefits.
b, 5.142 percent of total salaries paid by Public Agency each month
to its employees who are and hereafter become members of said
Retirement System on account of the liability for current service
benefits, provided that only salary earned as members of said System
shall be included in said total salaries.
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, provided
that said amount shall be determined on the basis of the number of
employees of Public Agency who are reported as members on the payroll
covering January 1 of each year, or with respect to the first year
of participation, on the effective date of said participation.
d» A reasonable amount as fixed by the Board, payable in one installment
as the occasions arise, to cover costs of special valuations on
account of employees of Public Agency, and costs of the periodical
investigation and valuation required by-law.
12. Contributions required of Public Agency and its employees shall be subject
to adjustment by Board on account of amendments to the State Employees'
Retirement Law, and on account of the experience under the Retirement
System, as determined by the periodical investigation and valuation
required by said Retirement Law.
13. Contributions required of Public Agency and its employees shall 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 contributions is paid for any period, proper
adjustment shall be made in connection with subsequent remittances, or
adjustments on account of errors in contributions required of any employee
may be made by direct cash payments between the employee and Board, Pay-
ments by Public Agency to Board may be made in the form of warrants, bank
checks, bank drafts, certified checks, money orders, or cash*
Witness our hands this day of
BOARD OF ADMINISTRATION CITY COUNCIL OF THE
STATE EMPLOYEES' RETIREhffiNT SYSTEM CITY OF BALDWIN PARK
BY BY
William E. Payne. Executive Officer Presiding Officer
Attest;_______________
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ORD 414x
ôÎ À 9 CERTIFICATION OF FINAL
ACTION OF GOVERNING BODY
Juty 8, 196^
Date
Board of Administration
State Employees* Retirement System
Sacramento, California
I hereby certify:
That the CUT COUNCIL of the crnr OF
BALDWIN PARK_____ adopted on July 7, 965 by an affirmative
vote of at least tw-thirds of the members of said governing body,
Ordinnnce_____ No. U^ approving the attached contract between
the governing body of said Agency and the Board of- Administration of the
State Employees1 Retirement System, a certified copy of said ordinance
in the form furnished by said Board of Administration being attached hereto.
/s/ Thelma L. Balkus
City Clerk
C? ty of BaMwin Park
Name of Agency
Ret, Form 130 Rev. 3/64) 30l
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