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Home My WebLink AboutNS-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 System053 ORDINANCE NO. NS-2186 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' RETIREMENT SYSTEM. THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS FOLLOWS: SECTION1: That an amendment to the contract between the City of Santa Aha and the Board of Administration, California Public Employees' Retirement System is hereby authorized, a copy of said agreement being attached hereto, marked "Exhibit A" and by such reference made a part hereof as though herein set out in full. SECTION 2: The Mayor of the City Council of the city of Santa Ana is hereby authorized, empowered, and directed to execute said amendment for and on behalf of said agency. ADOPTED this 15th ATTEST: COUNCI LMF~BERS: Young Aye Pulido Aye Lutz Aye Mills Aye Moreno Aye Norton Aye Richardson Aye day of ~.larch APPROVED AS TO FORM: , 1993. 054 CERTIFICATE OF ORIGINALITY & PUBLICATION State of California County of Orange I, JANICE C. GUY, Clerk of the Council, do hereby certify the attached Ordinance ~-~/~ to be the original ordinance adopted by the city Council of the City of Santa Ana on ~~ ; and that said ordinance was published in accordance with the Charter of the C~ty of Santa Ana. ~c/lerk of the Cou/~cil, Date City of Santa Ana 055 AMENDMENT TO CONTRACT BErWEEN THE BOARD OF ADMINISTRATION OF TIlE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND TIlE CITY COUNCIl. OF TIlE CITY OF SANTA ANA COPY The Board of Administration, Public Employees' Retirement Systellt, hereinafter referred to as Board, and Ihe governing bady of above public agency, hereinafter referred to as Public Agency, having entered into a contract effective Jtlly 1, 19,17, and witnessed November 25, 1946, and a.~ amende,4 effective October 1, 1951, February l, 1954, September 1, 1956, July 1, 1959. November 1, 1960, September 1, 1963, April 1, 1964. February l, 1965, January 16, 1969, N0ve,nber 1, 1970, Juue 1, 1974. December't6, 1976. December 1, 1975. October 1. 1981, July 1, 1984, December 1. 1984. July 1, 1985, February 1, 1990, July 1, 1990 and December 5, 19910 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: Paragraphs 1 through 12 are hereby stricken from said contract as executM effective December 5, 1991, and hereby replaced by the following paragraphs numbered 1 through 12 inclusive: All woi:ds and terms used herein which are definexl in the Public Employees' Retirement Law shall have the meaning as defined therein units otherwise specifically provided. 'Normal retirement age' shall mean age 60 for local miscellaneous members and age 50 for local safely tnembcrs. Public Agency shall participate in the J'ublic Employees' Retirement System from and after July 1, 1947 making ik~ employees az hereinafter Provided, members of said System attbject tu ali provisions of the Public Employees' llelirement Law except such as apply only on election of a contracting agency and are not provided for herein and to all amendments Io said Law hereafter enacted except those, which by express provisitm,q ther~f, apply only on the election of a cXmtractlng agency. Emplt)yees of Public Agem:y in the R)lknving classes shall become members of said Retirement System except such in ~ch such class as are ~xclud~ by law or ~is agr~ment: a. Local Fire Fighters (herein referred to as local ~afvxy members); b. Local Police Officers 0mrein referred to as local sai~ty members); Employes other than local safety members 0~oroin refert'o,l to az local miseellan~ms members). '056 In addition to thc classes of employees excluded fi'om membership by said Retlrcmenl Law, the following classes of employees shall not become members of' said Retirement System: NO ADDITIONAL EXCLUSIONS The percentage of final compensation to be provided for each year of credited prior and curren! service as a local miscellaneous member shall be determined in accordance with Suction 21251.13 iff said Retirem~,nt Law (2% at age 60 Full). The percentage of final compensation to be provided for each year of credited prior and currcm service as a local safety member shall be determined in accordance with Section 21252.01 of said Retirement Law (2% at age 50 Full). Public a. Agency elected I0 be subject to the. full( w r g ( ptlonal p,( vts{( tis Sections 21380-21387 (1959 Survivor Benefits) excluding Section 21382.2 (Increased 1959 Survivor Benefits) and Section 213112.40'hird Lovel of 1959 Survivor Benefits). b. Sections 21263, 21263.1 and 21263.3 (Post-R~tiretnent Survivor Allowance). Section 20930.3 (Military Service Credit as Public Service), Statutes of 1974, for flmse local miscellaneous members and local safe~y members entering membership prior to October 1, 19151. Section20461.6 (Different LevelofBenefits), Section20930.3 (Military Service Credit as Public Service), Statutes of 1974, is not applicable to local miscellan°°Us mombers and local safety members ent~rlng membership on or after October 1, 1981. e. Section 20024.2 (One-Year Final Compensation). f. Seqion 2.011115 (Two-Years Additional Service Credit). Public Agency, in accordance with Oowrnment Code Section 20740, ceased to be an "employer" for purpose, s of Se, etlon 20759 effex:tive un December 16, 1976. Accumulated contribnllons of Pt,bile Agency shall be fixed and deter,nlnod as provided in Government Code Suction 20759, and aceumuluted contributlon~ thereafter shall be held by the Board as provided in Oovernment Code Section 20759. Public Agency shall contribute 1o said Retirement System the contributions determined by actuarial valuations of prior and future service littbility with respect lo local miseellaoeous members and local safety members of said 'Retirement System. 057 10. 11, 12. Public Agency ~hall also contribute to said Retirement System as follows: a. A reasonable amount, as fixed by the Board, payable in one installment within 60 days of date of contract to cover the costs of administering said System as it affects the employees of Fublic Agency, not including the costs of special valuatious or of the periodic investigation and valuations required by law. b. A reasonable amount, as fixed by the Board, payable in one installment as the occasions arise, tn cover the costs of special vaioaflons on account of employees of Public Agency, and costs of the periodic investigation and valuations required by law. Contributions required of Public Agency and its employees shall be subject to adjustment by Board on account of amendments to the Public Employees' Retirement Law, and on account of the experience under the Retirement System as determined by the periodic investigation and valualion required by said Retirement Law. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Rctirement System within fifteen days after th~ end of the period to which said contributions refer or as may bo prescribed by Board regulation. If more or less than the. correct amount of contributions is paid for any period, proper adjustment shall be made in connection with subsequent remittances. Adjustments on account of errors in contributions required of any employ~ may be mad~ by direct payments between the employe~ and the Board, Tiffs amendment shall be effective on the day of BOARD OF ADMINISTRATION PUBLIC EMPI.OYEE$' RETIREMENT SYSTEM CHIEF, CONTRP~2"~T SERVICES DIVISION PUBLIC EMPLOY~E~' RETIREMENT SYSTEM · 19 CITY COUNCIL OF THE CITY OF SANTA ANA Presiding q~cer Witnes~ Date Attest: Clerk