Agenda Packet_2022-07-19 - Laserfiche WebLink

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See.1400. - Employees' retirement system. (a) Duo to provide retirementsysteni. Except as hereinafter otherwise provided, the council shall provide, by ordinance or ordinances, for the creation, establishment and maintenance of a retirement plan or plans for all officers and employees of the City. Such plan or plans need not be the same for all officers and employees. Subject to other provisions of this article, the council may at any nine. or from time to time, amend or otherwise change any retirement plan or plans or adopt or establish a new or different plan or plans for all or any officers or employees. (b) Authority ro join other.sy.stems. Subject to other provisions of this article, the City, by and through its council, is hereby empowered, but not required, to join or continue as a contracting agency in any retirement or pension system or systems existing or hereafter created under the laws of the Slate of California or of the United States of America to which municipalities and municipal officers or employees are eligible for membership. he) Conh'nuance of existing retirement system. Until otherwise provided by ordinance, the Cry shall continue to participate in the Public Employees' Retirement System of the State of California, as the same now exists or may hereafter be amended. The City Council may not terminate any such contract with the Public EmployeesRetirement System oftire State ofCalifarnia, and may not amend any such contract in a manner which would decrease or eliminate any benefit accreting to persons employed by the City at the time of such contract termination or amendment, unless such amendment shalt substitute a retirement system or systems providing equal or greater benefits for said persons. (d) Eeclueionv fhe council in its discretion may exclude all or any of the following persons from any or all retirement plans, to wit: Persons mentioned in subsections (a)(1). (s)-(10){k) of Charter Sccfon 1002, }(s)JFE} Persons in City service primarily for training, study at educational purposes; Persons employed or paid on a part-time, per diem, per hour or any basis other than a monthly basis. City Council 36 — 19 7/19/2022