HomeMy WebLinkAboutORD 1088ORD 1088 pT3 (Ìì Ý Ã ORDINANCE NO. 1088
AN ORDINANCE OF THE CITY COUNCIL
OF THE CITY OF BALDWIN PARK AUTHORIZING
AN AMENDMENT TO THE CONTRACT BETWEEN THE
CITY AND THE CALIFORNIA PUBLIC EMPLOYEES'
RETIREMENT SYSTEM
The City Council of the City of Baldwin Park does ordain as
follows:
SECTION 1. That an amendment to the contract between the City
Council of the City of Baldwin Park and the Board of
Administration, California Public Employees' Retirement System is
hereby authorized, a copy of said amendment being attached hereto,
marked Exhibit A", and by such reference made a part hereof as
though herein set out in full.
SECTION 2. The Mayor of the City of Baldwin Park is hereby
authorized, empowered and directed to execute said amendment for
and on behalf of the City.
SECTION 3. This Ordinance shall take effect in 30 days after
the date of its adoption, and prior to the expiration of 15 days
from the adoption thereof shall be published at least one time in
the San Gabriel valley Tribune, a newspaper of general circulation,
published and circulated in the County of Los Angeles and
thereafter the same shall be in full force and effect.
ADOPTED AND APPROVED on September 7, 1994.
MAYOR
ATTEST:
CITY CLERK
STATE OF CALIFORNIA}
COUNTY OF LOS ANGELES} 55
CITY OF BALDWIN PARK}
I, Linda L. Gair City Clerk of the City of Baldwin Park do hereby
certify that the foregoing Ordinance No. 1088 was regularly
introduced and placed upon first reading at the regular meeting of
the City Council on August 17, 1994. That thereafter the Ordinance
was duly approved and adopted at a regular meeting of the City
Council on September 7, 1994.
AYES: MARTINEZ, GALLEGOS, LOWES, MUSE, MAYOR VARGAS
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
CITY CLERK
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ORD 1088 pT3 (Ìì Ý Ã AMENDMENT TO CONTRACT
BETWEEN THE
BOARD OF ADMINISTRATION
OF THE
PUBLIC EMPLOYEES5 RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF BALDWIN PARK
The Board of, Administration, Public Employees' Retirement System, hereinafter referred to as Board,
and the governing body of above public agency, hereinafter referred to as Public Agency, having entered
into a contract effective September 1, 1965 and witnessed July 7, 1965, and as amended effective January
1, 1972 and July 1, 1977, which provides for participation of Public Agency in said System, Board and
Public Agency hereby agree as follows:
A. Paragraphs 1 through 10 are hereby stricken from said contract as executed effective July 1,
1977, and hereby replaced by the following paragraphs numbered 1 through 12 inclusive:
1. All words 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 60 for local miscellaneous members and age 50
for local safety members.
2. Public Agency shall participate in the Public Employees' Retirement System from and
after September 1, 1965 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 Law hereafter enacted except those, which by express provisions
thereof, apply only on the election of a contracting agency.
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 Police Officers herein referred to as local safety members);
b. Employees other than local safety members herein referred to as local
miscellaneous members).
4. In addition to the classes of employees excluded from membership by said Retirement
Law, the following classes of employees shall not become members of said Retirement
System:
a. FIRE FIGHTERS; AND
b. ALL HOURLY RATED OR HOURLY BASIS EMPLOYEES.
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ORD 1088 pT3 (Ìì Ý Ã 5. The percentage of final compensation to be provided for local miscellaneous members for
each year of credited prior and current service shall be determined in accordance with
Section 21251.13 of said Retirement Law, subject to the reduction provided therein for
service prior to December 31, 1971, termination of Social Security, for members whose
service has been included in Federal Social Security 2% at age 60 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
21252.01 of said Retirement Law 2% at age 50 Full).
7. Public Agency elected and elects to be subject to the following optional provisions:
a. Section 20024.2 One-Year Final Compensation).
b. Section 21382 Basic Level of 1959 Survivor Benefits), pursuant to Article 6,
commencing with Section 21380).
8. Public Agency, in accordance with Government Code Section 20740, ceased to be an
employer" for purposes of Section 20759 effective on July 1, 1977. Accumulated
contributions of Public Agency shall be fixed and determined as provided in Government
Code Section 20759, and accumulated contributions thereafter shall be held by the Board
as provided in Government Code Section 20759.
9. 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 by law.
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.
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ORD 1088 pT3 (Ìì Ý Ã 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 effective on the 9th day of October 19 94
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
CITY COUNCIL
OF THE
CITY OF BALDWIN PARK
CHIEF, CONTRACT SERVICES DIVISION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
/f
BY cU^Q M'Wt^'
Presiding Officery
September 7> 199^
Witness Date
Attest:
Clerk /
PERS-CON-702 AMENDMENT)
Rev. 10/92)
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