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NS-2186 - Authorizing an Amendment to the Contract Between the City Council of City of Santa Ana and the Board of Administration of California Public Employees Retirement System
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NS-2186 - Authorizing an Amendment to the Contract Between the City Council of City of Santa Ana and the Board of Administration of California Public Employees Retirement System
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1/3/2012 1:02:46 PM
Creation date
6/26/2003 10:08:08 AM
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City Clerk
Doc Type
Ordinance
Doc #
NS-2186
Date
3/15/1993
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'056 <br /> <br />In addition to thc classes of employees excluded fi'om membership by said Retlrcmenl <br />Law, the following classes of employees shall not become members of' said Retirement <br />System: <br /> NO ADDITIONAL EXCLUSIONS <br /> <br />The percentage of final compensation to be provided for each year of credited prior and <br />curren! service as a local miscellaneous member shall be determined in accordance with <br />Suction 21251.13 iff said Retirem~,nt Law (2% at age 60 Full). <br /> <br />The percentage of final compensation to be provided for each year of credited prior and <br />currcm service as a local safety member shall be determined in accordance with Section <br />21252.01 of said Retirement Law (2% at age 50 Full). <br /> <br />Public <br /> <br />a. <br /> <br />Agency elected I0 be subject to the. full( w r g ( ptlonal p,( vts{( tis <br /> <br />Sections 21380-21387 (1959 Survivor Benefits) excluding Section 21382.2 <br />(Increased 1959 Survivor Benefits) and Section 213112.40'hird Lovel of 1959 <br />Survivor Benefits). <br /> <br />b. Sections 21263, 21263.1 and 21263.3 (Post-R~tiretnent Survivor Allowance). <br /> <br />Section 20930.3 (Military Service Credit as Public Service), Statutes of 1974, <br />for flmse local miscellaneous members and local safe~y members entering <br />membership prior to October 1, 19151. <br /> <br />Section20461.6 (Different LevelofBenefits), Section20930.3 (Military Service <br />Credit as Public Service), Statutes of 1974, is not applicable to local <br />miscellan°°Us mombers and local safety members ent~rlng membership on or <br />after October 1, 1981. <br /> <br />e. Section 20024.2 (One-Year Final Compensation). <br /> <br />f. Seqion 2.011115 (Two-Years Additional Service Credit). <br /> <br />Public Agency, in accordance with Oowrnment Code Section 20740, ceased to be an <br />"employer" for purpose, s of Se, etlon 20759 effex:tive un December 16, 1976. <br />Accumulated contribnllons of Pt,bile Agency shall be fixed and deter,nlnod as provided <br />in Government Code Suction 20759, and aceumuluted contributlon~ thereafter shall be <br />held by the Board as provided in Oovernment Code Section 20759. <br /> <br />Public Agency shall contribute 1o said Retirement System the contributions determined <br />by actuarial valuations of prior and future service littbility with respect lo local <br />miseellaoeous members and local safety members of said 'Retirement System. <br /> <br /> <br />
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