CC RES 1992-122 • RESOLUTION NO. 92- 122
RESOLUTION OF INTENTION
TO APPROVE AN AMENDMENT TO CONTRACT
BETWEEN THE
BOARD OF ADMINISTRATION
OF THE
1 PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF RANCHO PALOS VERDES
WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and
their employees in the Public Employees' Retirement System by the execution of a contract,
and sets forth the procedure by which said public agencies may elect to subject themselves
and their employees to amendments to said Law; and
WHEREAS, one of the steps in the procedures to amend this contract is the adoption by the
governing body of the public agency of a resolution giving notice of its intention to approve
an amendment to said contract, which resolution shall contain a summary of the change
proposed in said contract; and
WHEREAS, the following is a statement of the proposed change:
To provide Section 20818 (Two-Years Additional Service Credit)
for local miscellaneous members.
NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency does hereby
give notice of intention to approve an amendment to the contract between the said governing
body and the Board of Administration of the Public Employees' Retirement System, a copy
of said amendment being attached hereto, as an "Exhibit" and by this reference made a part
hereof.
BY v "
SUS BROOKS
MAYOR
December 7 1992
(Date adopted and approved) Ret. Form 122
C0302 (AMENDMENT) (Rev. 6/91)
TEST.
19 , 1
_ ___2..___,....
a
J4 PU''CELL, CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF RANCHO PALOS VERDES )
I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes,
hereby certify that the above Resolution No. 92-122 was duly and
II regularly passed and adopted by the said City Council at a regular
meeting thereof held on December 7, 1992 .
CITY CLERK, C(??Y F RANCHO PALOS VERDES
I
-2- RESOL. NO. 92-122
11/
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Contract Services Division
Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229-2709
(916) 326-3420
(916) 326-3240('TDD)
CERTIFICATION OF GOVERNING BODY'S ACTION
I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the
City Council of the
(governing body)
City of Rancho Palos Verdes
(public agency)
on 12/07/92
(date)
d-ete,e - -
Clerk/
City Clerk
Title
PERS-CON-12
C0600 (Rev. 11/92)
.
CERTIFICATION
Of Compliance With
Section 20818 Government Code
In accordance with Section 20818, Government Code, and the contract between the Public
Employees' Retirement System, the City Council of the City of Rancho Palos Verdes 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. It has elected to become subject to Section 20818 because of impending mandatory
transfers, demotions, and layoffs that constitute at least 1% of the job classification,
department or organizational unit designated resulting from the curtailment of or change
in the manner of performing its services.
3. Its intention at the time Section 20818 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 Rancho Palos Verdes hereby elects to provide the
benefits of Section 20818, Government Code, to all eligible members who retire within
the designated period, February 12 , 1993 through
May 12 , 1993
• V
Pr ding Officer
MAYOR
CITY OF RANCHO PALOS VERDES
Attest:
ti)
erk
Date: . 12/16/97
C0610 (Rev. 6/92)
EXHIBIT "A"
Ordinance No. 283
AMENDMENT TO CONTRACT
BETWEEN THE
BOARD OF ADMINISTRATION
OF TIM
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF RANCHO PALOS VERDES
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 December 1, 1974, and witnessed October 15, 1974, and as amended effective
April 1, 1978 and September 16, 1983,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 September
1, 1983, and hereby replaced by the following paragraphs numbered 1 through 11 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.
2. Public Agency shall participate in the Public Employees' Retirement System from and
after December 1, 1974 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. 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. ELECTED OFFICIALS;
b. CROSSING GUARDS;
C. WORK TRAINEES;
d. ADMINISTRATIVE INTERN; AND
e. SAFETY EMPLOY: .
5. The percentage of final compensation to be provided for each year of credited prior and
current service as a local miscellaneous member shall be determined in accordance with
Section 21251.13 of said Retirement Law (2% at age 60 Full).
6. Public Agency elected to be subject to the following optional provisions:
a. Sections 21380-21387 (1959 Survivor Benefits) excluding Section 21382.2
(Increased 1959 Survivor Benefits) and Section 21382.4 (ThIrd Level of 1959
Survivor Benefits).
b. Section 20818 (Two-Years Additional Service Credit).
7. Public Agency, in accordance with Government Code Section 20740, ceased to be an
"employer" for purposes of Section 20759 effective on September 16, 1983.
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.
8. 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 of said Retirement System.
9. 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.
10. 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.
11. 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.
ff i on the )00teri I d a of
n rn n h l be a ect ve o B. This ame d e t sal day
February 19 93 .
BOARD OF ADMINISTRATION CITY COUNCIL
PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF THE
CITY OF RANCHO PALOS VERDES
40P / .." '
3
BY4.4...r I'i ALL,.-..ii%, BY •
ifr,/CHIEF, CO v • T SERVICES DIVISION Pr 'ng Offic- , Mayor
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
February 10, 1993
Witness Date
Attest:
46 I - _ i #1P
Clerf
r
PERS-CON-702 (AMENDMENT)
(Rev. 1/92)