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HomeMy WebLinkAboutNS-1332MJK:nr 10-15-76 ORDINANCE NO. NS- 1332 AN ORDINANCE OF THE CITY OF SANTA ANA AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF SANTA ANA AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES RETIRE- MENT SYSTEM THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS FOLLOWS: SECTION l: That an amendment to the contract between the City Council of the City of Santa Ana and the Board of Adminis- tration, California Public Employees Retirement System is hereby authorized, a copy of said amendment being attached hereto, marked "Exhibit A" and by such reference made a part hereof as though herein set out in full. SECTION 2: Santa Ana is hereby said amendment for The Mayor of the City Council of the City of authorized, empowered, and directed to execute and on behalf of said Agency. SECTION 3: This ordinance shall take affect 30 days after the date of its adoption, and prior to the expiration of 15 days from the passage hereof shall be published at least once in the Register, a newspaper of general circulation, published and circulated in the City of Santa Ana and thenceforth and there- after the same shall be in full ADOPTED, this 15th the following vote: AYES: COUNCILMEN: NOES: COUNCILMEN: force and effect. day of November , 1976, by Evans, Brandt, Bricken, Ortiz, Yamamoto, Garthe, Ward None ABSENT: COUNCILMEN: None ATTEST: FLOP~NCE I. MALONE /__j - OMAYOR APPROVED AS TO FORM: AMEND~-~T TO CONTP~iCT B~=~I",o,i~ THE BOARD OF ADMINISTRATION pUBLIC ~'~LOY~ES' ltETI~"~tT SYSTEM 'AND TH~ OA'~f CO%~CIL oFTHE 0IT~ OF SANTA ANA The Board of Administration, Public F..mployees' Retirement System, hereinafter referred to as Board mud the CIT-f COb~!CIL of the C1T~ OF S~:TA~NA, hereinafter %~Terred to as Public Agency having entered into a contract under date of November , 1946, effective July l, 1947, and as~uended effective October l, 1951, i~bruary l, 1954, September l, 1956, July l, 1959, November l, 1960, September l, 63, April l, 1964, February l, 1965, January 16, 1969, November l, 1970, and ~ne 1, 197~, which provide for participation of.P~lic ~ency, hereby agree aS follOWS: A. The followinE sub.~mragraph shali be added to Paragraph 5 of said contract: ~o (d) ~ection 20930.3 (providing service credit up to four years for may continuous military or merchant marine service for persons. w~ are members because of employment by Public Agency). P~ragraph 5-5 shall be added to said contract: ~.~ Public Agency, in shall cease to be Public ~mployees' · Of this amendment to this contract. %hePublic Agency as of the date of such amendment sh~!l be fixed a~d determined as provided in Section 20759, Gover~nent Code, and ~uch accumulated contributions and contributions here~ter made ~b,%l be held by the Board as provided in Section 20759, Govern- ment Code. Ce Paragraph 6 (a) s~l~ be stricken from said contract a~d the following .'. paragraph shall be substituted therefor: 6. Public Agency shall contribute to said Retirement System as follows: a.' With respect to miscellaneous members, the Public Agency shall · contribute the following percentages of monthly salaries earned aS miscellaneouS members of said System: (1) 0.078 percent until June 30, 1980 on account of the liability for prior service benefits. (2) 9.050 percent on account of the iiability for current service Benefits. (~) 0.218 percent on account of the benefitsprovidedunder the 1959 Survivor program. accordance with Section 20740, Government Code, an "employer:: for purposes of Ci~pter 6 of the Retirement Law effective as of the effective date Accumulated contributions of Ret. For~ 702-1 b. With respect to local safety members, the public agency shall contribute the following percentages of monthly salaries earned as local safety m~mbers of said System. (1) 0.328 percent unti~ June 30, 1979 on account of the liability for prior service benefits. (2) 23.124 percent on account of the liability for current service benefits. ~xis amendment shall be attached to said contract and shall become effec- tive on the 16th day of December~ 1976 . £tness our ~uds this BOARD OF AIX~L~ISTRATION P~BLIO ~2.~LOY~-~' RETIR~E~ November, ~76 CXT~ COUNCIL OFTHE CIT~ OF SANTA ANA ~arl J. B.l. echinger, E~-cutive Officer Approved es to form: Att est: f£OP~NCE L ~A[ONE Ret. Form 702-2