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CC RES 2018-043 RESOLUTION NO. 2018-43 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, CALIFORNIA, AMENDING RESOLUTION NOS. 2011- 62, 2015-111, AND 2017-40 ADOPTING REVISIONS TO THE MANAGEMENT EMPLOYEE PERSONNEL RULES AND AMENDING RESOLUTION NO. 2009-088 TO ADOPT BENEFIT CHANGES FOR EMPLOYEES IN MANAGEMENT AND NON-REPRESENTED CONFIDENTIAL CLASSIFICATIONS WHEREAS, on January 31, 2002, the City Council previously adopted the City's Management Personnel Rules and Procedures through Resolution No. 2002-06, which has been subsequently amended by Resolution Nos. 2002-19, 2005-134, 2007-45, 2011-62, and 2015-111; and WHEREAS, on July 18, 2017, City Council adopted Resolution No. 2017- 40 to amend the Management Employee Personnel Rules and amend Resolution No. 2009-088 to authorize an ongoing monthly contribution in an amount equal to $130 per month ($60 per biweekly pay period) per employee on a pre-tax basis to an employee retirement health savings account, which amount shall increase by the Year Ended March Consumer Price Index for Los Angeles County, CA at the beginning of each fiscal year; and WHEREAS, the Bureau of Labor Statistics (BLS) introduced a new geographic area sample for the Consumer Price Index which removed Riverside, California from the Los Angeles-Riverside-Orange County, CA geographic area sample and the new Core Based Statistical Area covering the City is Los Angeles-Long Beach-Anaheim, CA as of January 2018; and WHEREAS, the City Council desires to clarify that the proper name and title of the index being used to determine any cost-of-living adjustments in the City's contribution towards employee retirement health savings accounts is the Consumer Price Index for All Urban Consumers (CPI-U) based upon the Los Angeles-Long Beach-Anaheim, CA geographic area sample; and WHEREAS, the City Council now desires to amend the City's Management Employee Personnel Rules to reflect this clarification in index title and change in geographic area sample upon which the City's contribution to the employee retirement health savings plan is pegged, from Los Angeles-Riverside- Orange County, CA geographic area sample to the new BLS Core Based Statistical Area covering the City, Los Angeles-Long Beach-Anaheim, CA; and WHEREAS, the CPI-U for Los Angeles-Long Beach-Anaheim, CA for the year ended March 2018 was approximately 3.8%; and WHEREAS, from time to time these rules must be revised due to relevant changes in federal and state personnel law. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS: Section 1: The Management Employee Personnel Rules are amended as follows: Rule VIII. RETIREMENT AND OTHER BENEFITS SECTION 1. RETIREMENT HEALTH SAVINGS ACCOUNT: Employees shall be enrolled in the retirement health savings account upon hire. The account is funded via a one percent (1%) employee deduction and a CITY contribution. The City's annual contribution shall be effective the first full pay period in July by the percentage increase in the Consumer Price Index for All Urban Consumers (CPI-U) in the Los Angeles-Long Beach-Anaheim, CA geographic area sample for the twelve (12) month period ending March of each fiscal year. Section 2: Resolution No. 2009-088 is amended to authorize an ongoing monthly contribution in an amount equal to $62.28 per biweekly pay period per employee on a pre-tax basis to an employee retirement health savings account, which amount shall increase by the Year Ended March Consumer Price Index for All Urban Consumers (CPI-U) for Los Angeles-Long Beach-Anaheim, CA at the beginning of each fiscal year. PASSED, APPROVED and ADOPTED this 17th day of July 2018. May•r Atte t: 41111118. ,.- City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss CITY OF RANCHO PALOS VERDES ) I, Emily Colborn, City Clerk of the City of R: cho Palos Verdes, hereby certify that the above Resolution No. 2018-43 was du , and regularly passed and adopted by the said City Council at a regular mee .•A, • - -of held on July 17, 2018. ity C -rk Resolution No. 2018-43 Page 2 of 2