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HomeMy WebLinkAbout81-097RESOLUTION NO. 81-97 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA DECLARING INTENTION TO APPROVE AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF SANTA ANAAND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and their employees in the Public Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendments to said law; and WHEREAS, one of the steps in the procedure to amend this contract is the adoption by the legislative body of the public agency of a resolution giving notice of its intention to approve an amendment to said contract, which resolution shall contain a surmmary of the change proposed in said contract; and WHEREAS, the following is a statement of the proposed change: To provide Section 20461.6 (Reduction of benefits for future employees: from 2% @ 50 to 2% @ 55; for local safety members only and Section 20930.3 (Military service credit) as defined in Chapter 1437, Statutes of 1974, for those local miscellaneous and safety members first employed on or after the effective date of this contract amendment. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Santa Aha: 1. That the City Council of the City of Santa Aha gives, and it does hereby give notice of intention to approve an amendment to the contract between the said governing body and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto, as an "Exhibit" and by this reference made a part hereof. 2. That this Resolution shall be operative from and after June 15, 1981. ADOPTED this 29th day of June , 1981, by the following vote: AYES: Acosta, Bricken, Griset, Luxembourger, Markel, McGui§an, Serrato NOES: None ABSENT: None MAYOR ATTEST: CITY ATTORNEY