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CC RES 1997-040RESOLUTION NO. 97 -40 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES ELECTING TO BE SUBJECT TO PUBLIC EMPLOYEES' MEDICAL AND HOSPITAL CARE ACT FIXING THE EMPLOYER'S CONTRIBUTION FOR EMPLOYEES AND THE EMPLOYER'S CONTRIBUTION FOR ANNUITANTS AT DIFFERENT AMOUNTS WHEREAS, Government Code Section 22850 provides the benefits of the Public Employees' Medical and Hospital Care Act to employees of local agencies contracting with the Public Employees' Retirement System on proper application by a local agency; and WHEREAS, Government Code Section 22857 provides that a contracting agency may fix the amount of the employer's contribution for employees and the employer's contribution for annuitants at different amounts provided that the monthly contribution for annuitants shall be annually increased by an amount not less than 5 percent of the monthly contribution for employees, until such time as the amounts are equal; and WHEREAS, City of Rancho Palos Verdes, hereinafter referred to as Public Agency is a local agency contracting with the Public Employees' Retirement System; and WHEREAS, The Public Agency desires to obtain for its employees and annuitants the benefit of the Act and to accept the liabilities and obligations of an employer under the Act and Regulations; now, therefore, be it RESOLVED, That the Public Agency elect, and it does hereby elect, to be subject, to the provisions of the Act; and be it further RESOLVED, That the employer's contribution for each employee shall be the amount necessary to pay the full cost of his /her enrollment, including the enrollment of family members, in a health benefits plan up to a maximum of: Contribution Code Bargaining Unit Per Month 01 All Active Employees $16.00 and be it further RESOLVED, That the employer's contribution for each annuitant shall be the amount necessary to pay the cost of his enrollment, including the enrollment of his family members, in a health benefits plan up to a maximum of $1.00 per month; and be it further RESOLVED, That the employer's contribution for each annuitant shall be increased annually by 5 percent of the monthly contribution for employees, until such time as the contributions are equal; And that the contributions for employees and annuitants shall be in addition to those amounts contributed by the Public Agency for administrative fees and to the Contingency Reserve Fund; and be it further RESOLVED, That the executive body appoint and direct, and does hereby appoint and direct, the City Manager to file with the Board of Administration of the Public Employees' Retirement System a verified copy of this Resolution, and to perform on behalf of said Public Agency all functions required of it under the Act and Regulations of the Board of Administration; and be it further RESOLVED, That coverage under the Act be effective on July 1, 1997. PASSED, APPROVED AND ADOPTED this 20th day of May, 1997. ATTEST: 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. 97 -40 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on May 20, 1997. Cit /City Clerk (of Rancho Palos Verdes