HomeMy WebLinkAboutOrdinance_1946
ORDINANCE NO...........
An Ordinance of the City of Santa Ana au-
thorizing a Contract between the City Coun-
cil of the City of Satta Ana and the Board
of Administration, California State Em-
ployees' Retirement System, providing fOT
the participation of said subdivision in said
State Employ'ees' Retirement S:rstem, and
making its employees members of said
system.
THE PEOPLE OF THE CITY OF SANTA
ANA DO ORDAIN AS FOLLOWS:
Section 1: That a contract is hereby au-
thorized between the City Council of the City
of Santa Ana and the Board of Administration.
California State Employees' Retirement Sys-
tem, a copy of said contract being attached
hereto marked Exhibit "A" and by such refer-
ence made a part hereof as though herein set
out in full.
Section 2: In order to meet its obligations
under the proposed contract referred to in this
ordinance, the City Council of the City of Santa
Ana is authorized and directed to comply with
all the provisions in the STATE EMPLOYEES'
RETIREMENT LAW, as now enacted, or as it
may hereafter be amended, including the levy
of all necessary taxes as provided in Section
20532 of said law.
Section 3: The Mayor of the City of Santa
Ana is hereby authorized, empowered and di-
rected to execute said contract for and on be-
half of said Subdivision.
Section 4: This ordinance shall take effect
December I, 1946, and shall, within two months
from said date, be published at least three
times in the Santa Ana Daily Register, a
newspaper of general circulation published and
circulated in the City of Santa Ana.
EXHIBIT "A"
state Employees' Retir~ment System
Sacramento 14, California
CONTRAGr
Between
The City Council
Name of Legislative Body
of
The City of Santa Ana
Name of City, County. Bchool District, or Other"
Public Agency
and the
BOARD OF ADMlNSTRATION
of the
CALIFORNIA STATJt EMPLOYEES'
RETIREMENT SYSTEM
THIS AGREEMENT made this day
of , 1946, by and between
the Legislative Body of City of Santa Ana,
hereafter referred to as "Public Agency," and
the Board of Administration, California State
Employees' Retirement System, hereafter re-
ferred to as "Board."
WITNESSETH:
In consideration of the covenants and agree-
ments hereinafter contained and on the part
of both parties to be kept and performed,
Public Agency and Board hereby agree as
follows:
1 Public Agency is to participate in the State
Employees' Retirement System, subject to the
provisions of the State Employees' Retirement
Law.
2. Public Agency shall participate in said
Retirement System, making its employees
members of said System, from and after July
1, 1947.
3. Employees of Public Agency in the follow-
ing classes shall become members of said
Retirement System in accordance with the
provisions of said Retirement Law, governing
membership in said Retirement System, and
subject to the further exclusions from mem-
bership in the next following sentence:
Number of Employees
Eli~ible for Membership
Classes of Employees on Jan. 1, 1947
a. Local Firemen, as
defined in the State
Employees' Retirement
Law ................ 44
b. Local Policemen, as
defined in the State
Employees' Retirement
Law ................ 45
('. Employees other than
Local Firemen and Local
Policemen .. . .. . . .. . . 196
In addition to the employees excluded from
membership by said Retirement Law, the fol-
lowing employees shall not become members
of the Retirement System:
No Additional Exclusions
Board and Public Agency agree that, except
as provided in paragraph 9, no adjustment
shall be made in the amount of contributions
provided in paragraph 9a on account of prior
service, or in the percentage provided in para-
graph 9b, because of variations in the numbers
of employees who become members of said
Retirement System on the effective date here-
of, from the number listed above, due to termi-
nation of service by such causes as death, res-
ifmation or discharge, or the employment of
i~rlividuals not included in said number.
4. Age 60 shall be the normal minimum age
for retirement for service, of miscellaneous
members employed tly public agency, th<at is,
members other than Local Firemen and Local
Policemen, and one-sixtieth shall be the frac
tion of final compensation, as defined in said
Retirement Law, to be provided on the average,
for each year of service as a member, by the
members' and Public Agency's normal contri-
butions ,upon retirement at said minimum age.
5. Benefits on account of prior service, that
is, service credited hereunder as rendered to
Public Agency prior to the effective date of
participation, to respective members employed
by Public agency as Local Firemen or Local
Policemen, shall be allowed only as a per-
centage of the average salary specified in said
Retirement Law, for each year of such service,
and said percentage shall be 100 per cent of
the fraction of final compensation as defined
in the State Employees' Retirement Law, for
each year of service rendered after said date,
as determined for said respective members un-
der said law, for the retirelnent for service at
age 55, or upon qualification for service re-
tirement at a higher age. If a member retires
for service before attaining age 55, his prior
service pension shall be reduced to that
amount which the value of the pension as de-
ferred to age 55 will purchase at the actual
age of retirement.
6. Prior service benefits to mi<scellaneous
members employed by Public Agency, that is,
members other than Local Firemen and Locai
Policemen, upon retirement for service at the
normal minimum age entered in paragraph 4
hereof; shall be allowed only as a percentage of
the average salary specified in said Retirement
Law, for each year of such service, and said
percentage shall be 100 per cent of one-sixtieth.
If a member retires for service before attain-
ing the normal minimum age in item 4, his
prior service pension shall be reduced to that
amount which the value of the pension as
deferred to said minimum age will purchase
at the actual age of retirement.
7. The provisions of Section 21258b of the
State Employees' Retirement Law, guarantee-
ing a minimum retirement allowance under
certain conditions shall apply to employees of
Public Agency who become members of said
Retirement System.
8. The provisions of Section 21367.5 of the
State Employees Retirement Law, providing a
$300 death benefit after retirement shall
apply to employees of Public Agency who be-
come members of s<aid Retirement System.
9. Public Agency shall contribute to said
Retirement System as follows:
a. The sum of $51,080.69 per annum, payable
in equal monthly or less frequent installments
as Board shall require, for a period of 25 years,
on account of the liability for benefits baseGl
on service rendered to Public Agency prior to
the effective date hereof.
b. 9.937 per cent of total sal<aries paid by
Public Agency each month to its employees
who are members of said Retirement System,
provided that only salary earned as members
of said System shall be included in said total
salaries, and the employees who are members
of said System shall include employees who
become members upon the effective date here-
of and employees who become members there-
after.
c. A reaoonable amount per annum, as fixed
by the Board, .payable in equal monthly or less
frequent installments, as Board shall require,
to cover the costs of administering said System
as it affects the employees of Public Agency,
not including the costs of special valuations
or of the periodical investigation and valuation
required by law, provided that said amount
shall be determined on the basis of the num-
ber of employees of Public Agency who are
members on July 1st of the respective fiscal
years, or with respect to the first year of par-
ticipation, on the effective date of said par-
tici;:ation.
d. A reasonable amount as fixed by the
Board, payable in one installment from time to
time as the occasions arise, to cover the costs
of special valuations on account of employees
of Public Agency, and the costs of the periodi-
c"l investigation into the experience under
said Retirement System, as it affects said em-
ployees, and the valuation of the assets and
liabilities of said System on account of said
employees.
Contributions required of Public Agency and
its employees shall be subject to adjustment by
the Board of Administration on account of
amendments to the State Employees' Retire-
ment Law, and on account of experience under
the Retirement System, as determined by the
periodical investigation, valuation and determ-
ination provided for by said Retirement Law.
10. Contributions required of Public Agency
under paragraph 9 immediately preceding, and
contributions required of Public Agency's em-
ployees who are members of said System, shall
be paid by Public Agency to the State Em-
ployees' Retirement System within thirty days
after the end of the month or longer period
to which said contributions refer. If more or
less than the correct amount of contribution
required of Public Agency or its employees is
paid for any period, proper adjustment shall
be made in connection with subsequent remit-
tances of Public Agency to the Board, to rectify
the errors; or such adjustments on account of
errors made in contributions required of em-
ployees, may be made by direct cash payments
between the employee in connection with whom
the error was made, and Board. Payments of
Public Agency to Board may be made in the
form of warrants, bank checks, bank drafts,
certified checks, money orders, or cash.
Witness Our Hands the day and year first
abOve written.
Name of Legislative Body
Name of Public Agency
By _ ___ _ _ __________..m_____.oo________oo_.m___...__.__.hm.I___.__.__._______.._
Presiding Officer
BOARD OF ADMINISTRATION
STATE EMPLOYEEoS' RETIR:blMENT SYSTEM
By . ._oooo_oo.oo______.__._.__oo__._oo.___oo___oo__oo.oo_______m_____.hm._________..
President. Board of Administration
Attest:
Clerk
Attest:
Secretary