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Home My WebLink AboutORD 1147ORD 1147$Í;¢f4˜‹ ORDINANCE NO.1147 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, CALIFORNIA, AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF BALDWIN PARK AND THE BOARD OF ADMINISTRATION OF 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 and by such reference made a part hereof as though 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. SECTION 3. This Ordinance shall take effect thirty 30) days after the date of its adoption, and prior to the expiration of thirty: 30) days from the passage thereof shall be published at least once in the San Gabriel Valley Tribune, a newspaper of general circulation, published and circulated in the County of Los Angeles and thenceforth and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED THIS 3rd day of November, 1999 ATTEST: STATE OF CALIFORNIA COUNTY OF LOS ANGELES ss. CITY OF BALDWIN PARK I, City Clerk/'Deputy, of the City of Baldwin Park do hereby certify that the foregoing Ordinance was regularly introduced and placed upon its first reading at a regular meeting of the City Council on October 6, 1999. That, thereafter, said Ordinance was duly approved and adopted at a regular meeting of the City Council on November 3, 1999 by the following vote: AYES: Councilmembers: Pacheco, Gair, Van Cleave and Mayor Lozano NOES: None ABSENT: None ABSTAIN: None CITY CLERK DEPUTY BIB] 37771-U01 ORD-U02 1147-U02 LI2-U03 FO4263-U03 FO4488-U03 DO4501-U03 C5-U03 ORDINANCES-U03 10/11/2001-U04 ADMIN-U04 ORD-U05 1147-U05 NOV-U05 3-U05 1999-U05 ORD 1147$Í;¢f4˜‹ CalPERS California Public Employees' Retirement System AMENDMENT TO CONTRACT Between the Board of Administration California Public Employees* Retirement System and the City Council City of Baldwin Park 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, having entered into a contract effective September 1, 1965, and witnessed July 7, 1965, and as amended effective January 1, 1972, July 1, 1977, October 9, 1994, December 2, 1995 and November 15, 1998 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 November 15, 1998, 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 55 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. BIB] 37771-U01 ORD-U02 1147-U02 LI2-U03 FO4263-U03 FO4488-U03 DO4501-U03 C5-U03 ORDINANCES-U03 10/11/2001-U04 ADMIN-U04 ORD-U05 1147-U05 NOV-U05 3-U05 1999-U05 ORD 1147$Í;¢f4˜‹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. 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 21354 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 55 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 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 20042 One-Year Final Compensation). b. Section 21571 Basic Level of 1959 Survivor Benefits). c. Section 20903 Two Years Additional Service Credit), Statutes of 1979. Legislation repealed said Section effective January 1,1999. d. Section 21024 Military Service Credit as Public Service), Statutes of 1976. e. Section 20503 To Remove the Exclusion of All Hourly Rated or Hourly Basis Employees, Prospectively from the effective date of this amendment to contract). 8. Public Agency, in accordance with Government Code Section 20790, ceased to be an employer" for purposes of Section 20834 effective on July 1, 1977. 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. BIB] 37771-U01 ORD-U02 1147-U02 LI2-U03 FO4263-U03 FO4488-U03 DO4501-U03 C5-U03 ORDINANCES-U03 10/11/2001-U04 ADMIN-U04 ORD-U05 1147-U05 NOV-U05 3-U05 1999-U05 ORD 1147$Í;¢f4˜‹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. 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 day of__________, 19__. BOARD OF ADMINISTRATION CITY COUNCIL /. PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY QF, BALDWIN PARK BY KENNETH W. MARZION, CHIEF ACTUARIAL & EMPLOYER SERVICES DIVISION PUBLIC EMPLOYEES' RETIREMENT SYSTEM n^^ /w Witness Date Attest, Clerk /2^uA AMENDMENT PERS-CON-702A Rev. 8\96) BIB] 37771-U01 ORD-U02 1147-U02 LI2-U03 FO4263-U03 FO4488-U03 DO4501-U03 C5-U03 ORDINANCES-U03 10/11/2001-U04 ADMIN-U04 ORD-U05 1147-U05 NOV-U05 3-U05 1999-U05 ORD 1147$Í;¢f4˜‹SB*! CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTE? EM Actuarial and Employer Services Division Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 916) 326-3420 CERTIFICATION OF FINAL ACTION OF GOVERNING BODY I hereby certify that the City Council of the governing body) City of Baldwin Park public agency) adopted on November 3, 1999, by an affirmative vote of a majority of the members of said date) Governing Body, Ordinance No. 1147 approving the Ordinance or Resolution) attached contractual agreement between the Governing Body of said Agency and the Board of Administration of the California Public Employees' Retirement System, a certified copy of said Ordinance___________ in the form furnished by said Board of Administration Ordinance or Resolution) being attached hereto. M^^^ 7. u, Clerk/Secretary // Y A^^ j^-^ T^ V Title Date yW^r^Z^ 4/fff PERS-CON-5 Rev. 1/96) BIB] 37771-U01 ORD-U02 1147-U02 LI2-U03 FO4263-U03 FO4488-U03 DO4501-U03 C5-U03 ORDINANCES-U03 10/11/2001-U04 ADMIN-U04 ORD-U05 1147-U05 NOV-U05 3-U05 1999-U05