HomeMy WebLinkAbout04-05 CC OrdinanceORDINANCE 04 -05
' AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TEMECULA AMENDING THE CONTRACT BETWEEN THE
BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC
EMPLOYEES' RETIREMENT SYSTEMS (PERS) AND THE CITY
COUNCIL OF THE CITY OF TEMECULA.
THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY ORDAIN AS
FOLLOWS:
WHEREAS, that an amendment to the contract between the City Council of the City of
Temecula and the Board of Administration, California Public Employees' Retirement System is
hereby authorized, a copy of said amendment being attached hereto, marked Exhibit, and by
such reference made a part hereof as though herein set out in full.
WHEREAS, the Mayor of the City Council is hereby authorized, empowered, and
directed to execute said amendment for and on behalf of said Agency.
WHEREAS, this ordinance shall take effect 20 days after the date of its adoption, and
prior to the expiration of 20 days from the passage thereof shall be published at least once in
the Californian, a newspaper of general circulation, published and circulated in the City of
Temecula and thenceforth and thereafter the same shall be in full force and effect.
' PASSED, APPROVED AND ADOPTED this 11`h day of May, 2004.
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ATTEST-
RJOrds 2004 /Orris 0405
STATE OF CALIFORNIA )
' COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Susan W. Jones, CMC, City Clerk of the City of Temecula, do hereby certify that the
foregoing Ordinance No. 04 -05 was duly introduced and placed upon its first reading at a
regular meeting of the City Council on the 20'" day of April, 2004 and that thereafter, said
Ordinance was duly adopted and passed at a regular meeting of the City Council on the 11'h
day of May, 2004, by the following vote:
AYES: 5 COUNCILMEMBERS: Comerchoro, Roberts, Stone, Washington, Naggar
NOES: 0 COUNCILMEMBERS: None
r�'
ABSENT: 0 COUNCILMEMBERS: None
ABSTAIN; 0 COUNCILMEMBERS: None
R: /Ords 2004 /Orris 04 -05 2
City Clerk
I Jf%%,
Ca1PERS
California
Public Employees' Retirement System
�400.
EXHIBIT
AMENDMENT TO CONTRACT
Between the
Board of Administration
California Public Employees' Retirement System
and the
City Council
City of Temecula
41101100 -
' The Board of Administration, California Public Employees' Retirement System,
hereinafter referred to as Board, and the governing body of the above public agency,
hereinafter referred to as Public Agency, having entered into a contract effective
December 1, 1990, and witnessed November 8, 1990, and as amended effective
October 25, 1997 and August 24, 2002 which provides for participation of Public Agency
in said System, Board and Public Agency hereby agree as follows:
A. Paragraphs 1 through 10 are hereby stricken from said contract as executed
effective August 24, 2002, and hereby replaced by the following paragraphs
numbered 1 through 11 inclusive:
1. All words and terms used herein which are defined in the Public
Employees' Retirement Law shall have the meaning as defined therein
unless otherwise specifically provided. "Normal retirement age" shall
mean age 55 for local miscellaneous members.
2. Public Agency shall participate in the Public Employees' Retirement
System from and after December 1, 1990 making its employees as
hereinafter provided, members of said System subject to all provisions of
the Public Employees' Retirement Law except such as apply only on
' election of a contracting agency and are not provided for herein and to all
amendments to said Law hereafter enacted except those, which by
express provisions thereof, apply only on the election of a contracting
agency.
PLEASE DO NOT SIGN "EXI- (J-iT ONLY"
' 3. Employees of Public Agency in the following classes shall become
members of said Retirement System except such in each such class as
are excluded by law or this agreement:
a. Employees other than local safety members (herein referred to as
local miscellaneous members).
4. In addition to the classes of employees excluded from membership by
said Retirement Law, the following classes of employees shall not become
members of said Retirement System:
a. SAFETY EMPLOYEES.
5. The percentage of final compensation to be provided for each year of
credited prior and current service as a local miscellaneous member in
employment before and not on or after the effective date of this
amendment to contract shall be determined in accordance with Section
21354 of said Retirement Law (2% at age 55 Full).
6. The percentage of final compensation to be provided for each year of
credited prior and current service as a local miscellaneous member in
' employment on or after the effective date of this amendment to contract
shall be determined in accordance with Section 21354.4 of said
Retirement Law (2.5% at age 55 Full).
7. Public Agency elected and elects to be subject to the following optional
provisions:
a. Section 20042 (One -Year Final Compensation).
b. Sections 21624 and 21626 (Post- Retirement Survivor Allowance).
C. Section 21574 (Fourth Level of 1959 Survivor Benefits).
d. Section 21024 (Military Service Credit as Public Service), Statutes
of 1976.
8. Public Agency shall contribute to said Retirement System the contributions
determined by actuarial valuations of prior and future service liability with
respect to local miscellaneous members of said Retirement System.
9. Public Agency shall also contribute to said Retirement System as follows:
' a. Contributions required per covered member on account of the 1959
Survivor Benefits provided under Section 21574 of said Retirement
Law. (Subject to annual change.) In addition, all assets and
liabilities of Public Agency and its employees shall be pooled in a
single account, based on term insurance rates, for survivors of all
local miscellaneous members.
0
b. 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 Public
Agency, not including the costs of special valuations or of the
periodic investigation and valuations required by law.
C. A reasonable amount, as fixed by the Board, payable in one
installment as the occasions arise, to cover the costs of special
valuations on account of employees of Public Agency, and costs of
the periodic investigation and valuations required by law.
10. 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
valuation required by said Retirement Law.
11. Contributions required of Public Agency and its employees shall be paid
by Public Agency to the Retirement System within fifteen days after the
end of the period to which said contributions refer or as may be 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 employee may be made by direct
payments between the employee and the Board.
B. This amendment shall be eff!tive on the day of
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIRE
BY
KENNETH W. MARZION
ACTUARIAL & EMPLOY[
PUBLIC EMPLOYEES' R
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AMENDMENT ER #1522'`
PERS- CON -702A (Rev. 8\02)
CITY COUNCIL 31
SYSTEM CITY OF TEMECULA
BY
PRESIDING OFFI
i DIVISION (V
SYSTEM =
Witness
Attest:
Clerk
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Division
' Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229 -2709
(888) CalPERS (225 -7377)
CERTIFICATION OF EMPLOYEE ELECTION
I hereby certify that the following employees of the City of Temecula have expressed
their approval or disapproval of said agency's intention to amend its contract to provide
Section 21354.4 (2.5% @ 55 Full formula) on the basis described in the Resolution of
Intention adopted by said agency's governing body on
April 20 , 2004 , in such manner as to permit each employee
to separately and secretly express his choice and that the outcome of such election was
as follows:
Number of
employees
eligible to vote
(Amendment)
PERS- CON -15 (Rev. 9/03)
Number of votes
approving said
participation
Clerk or Secretary
Date
Number of votes
disapproving said
participation
Local Miscellaneous
Members as defined in
Govt. Code Section
20383
(Amendment)
PERS- CON -15 (Rev. 9/03)
Number of votes
approving said
participation
Clerk or Secretary
Date
Number of votes
disapproving said
participation
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Division
Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229 -2709
(888) CalPERS (225 -7377)
CERTIFICATION OF COMPLIANCE WITH
GOVERNMENT CODE SECTION 7507
I hereby certify that in accordance with Section 7507 of the Government Code
the future annual costs as determined by the System Actuary and /or the increase
in retirement benefit(s) have been made public at a public meeting of the
I on
(date)
Resolution / Ordinance.
Date
PERS - CON -12A (rev. 1/96)
City Council ofthe
(governing body)
:y of Temecula
(public agency)
which is at least two weeks prior to the adoption of the
Clerk/Secretary
Title
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Division
' Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229 -2709
(888) CalPERS (225 -7377)
CERTIFICATION OF GOVERNING BODY'S ACTION
I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the
Citv Council
(governing body)
City of Temecula
(public agency)
I on
(date)
Clerk/Secretary
Title
IPERS- CON -12 (rev. 1/96)
of the
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Division
Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229 -2709
(888) CaIPERS (225 -7377)
CERTIFICATION OF GOVERNING BODY'S ACTION
I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the
Council
(governing
Ci
/ / (public agency)
I on 4126 16,q
(date)
PERS - CON -12 (rev. V98)
of the
City Clerk /Director of Support Services
I rz]
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Division
' Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229 -2709
(888) CalPERS (225 -7377)
CERTIFICATION OF EMPLOYEE ELECTION
I hereby certify that the following employees of the City of Temecula have expressed
their approval or disapproval of said agency's intention to amend its contract to provide
Section 21354.4 (2.5% @ 55 Full formula) on the basis described in the Resolution of
Intention adopted by said agency's governing body on
April 20 , 2004 , in such manner as to permit each employee
to separately and secretly express his choice and that the outcome of such election was
as follows;
Number of Number of votes Number of votes
employees approving said disapproving said
eligible to vote participation participation
Local Miscellaneous
' Members as defined in
Govt. Code Section
20383 170 134 r
(Amendment)
PERS - CON -16 (Rev. 9/03)
uiem or ecr tary Susaf W. Jones, CMC
City C erk/ irector o Support Services
Date
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Division
Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229 -2709
(888) CalPERS (225 -7377)
CERTIFICATION OF COMPLIANCE WITH
GOVERNMENT CODE SECTION 7507
I hereby certify that in accordance with Section 7507 of the Government Code
the future annual costs as determined by the System Actuary and /or the increase
In retirement benefit(s) have been made public at a public meeting of the
City Council ofthe
(governing body)
of Temecula
on a „ „/L ?n
(date) Anne which is at least two weeks prior to. the adoption of the
Resolution / Ordinance.
Date 117P/oe/
PERS- CON -12A (rev. 1/96)
Susan W Jonea, CMC
City Clerk /Dire —crdr'�Of Support Services
Title