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Ord 72ORDINANCE NO. 72 AN ORDINANCE OF THE CITY OF POWAY, CALIFORNIA AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM THE CITY COUNCIL OF THE CITY OF POWAY DOES ORDAIN AS FOLLOWS: Section 1 That an amendment to the Contract between the City Council of the City of Poway and the Board of Administration, California Public Emplovees' Retire- ment System is hereby authorized, a copy of said amendment beinq 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 is hereby authorized, empowered, and directed to execute said amendment for and on behalf of said Agency. Section 3. This Ordinance shall take effect 30 days after the date of its adoption, and prior to the expiration of 15 days from the passage thereof shall be pub- lished at least once in the Poway News Chieftain a newspaper of general circulation, published and circulated in the City of Poway and thenceforth and thereafter the same shall be in full force and effect. Introduced and first read at a reqular meetinq of the City Council of the City of Poway held the 21st day of September, 1982, and thereafter PASSED AND ADOPTED at a regular meetinq of said City Council held the 26th day of October 1982, by the following roll call vote: AYES: COUNCILMEMBERS : EMERY, KRUSE, ORAVEC, TARZY, SHEPARDSON NOES: COUNCILMEMBERS : NONE ABSENT: COUNCILMEMBERS : NONE Mary L. I hepar son, Mayor Marjori Wahlsten, City Clerk AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF POWAY The Board of Administration, Public Employees' Retirement System, herein- after referred to as Board, and the governing body of above public agency, hereinafter referred to as Public Agency, having entered into a contract under date of January 28, 1981, effective February 1, 1981, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 11 are hereby stricken from said contract as executed effective February 1, 1981, and hereby replaced by the following paragraphs numbered 1 through 12 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 60 for local miscellaneous and age 55 for local safety members. 2. Public Agency shall participate in the Public Employees' Retirement System from and after February 1, 1981 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 such as by express provisions thereof apply only on the election of contracting agencies. 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. Local Firemen (herein referred to as local safety members); b. Employees other than local safety members (herein referred to as local miscellaneous members). EXHIBIT A TO ORDINANCE 72 Adopted 10 -26 -82 8. The following additional provisions of the Public Employees' Retirement Law which apply only upon election of a contracting agency shall apply to the Public Agency and its employees: a. Section 20952.5 (Age 50 voluntary retirement) for local safety members only. b. Section 21361.5 (Local System Service Credit), for local miscellaneous members only. C. Sections 21380 -21387 (1959 Survivors Program), including Section 21382.2 (Increased 1959 Survivors Benefits). 9. Public Agency, in accordance with Section 20759.1 Government Code, shall not be considered an "employer" for purposes of Chapter 6 of the Public Employees' Retirement Law. Contributions of the Public Agency shall be fixed and determined as provided in Section 20759, Government Code, and such contributions hereafter made shall be held by the Board as provided in Section 20759, Government Code. 10. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellaneous members, the agency shall contribute the following percentages of monthly salaries earned as miscellaneous members of said Retirement System: (1) 2.723 percent until June 30, 2004 on account of the liability for prior service benefits. (2) 8.406 percent on account of the liability for current service benefits. (3) 0.400 percent on account of the liability for the 1959 Survivor Program. b. With respect to local safety members, the agency shall contribute the following percentages of monthly salaries earned as local safety members of said Retirement System: (1) 2.665 percent until June 30, 2001 on account of the liability for prior service benefits. (2) 11.329 percent on account of the liability for current service benefits. (3) 0.200 percent on account of the liability for the 1959 Survivor Program. V C. A reasonable amount per annum, as fixed by the Board 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. d. 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. 11. 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. 12. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System within thirty 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, or adjustments on account of errors in contributions required of any employee may be made by direct cash payments between the employee and the Board. Payments by Public Agency to Board may be made in the form of warrants, bank checks, bank drafts, certified checks, money orders or cash. B. This amendment shall be attached to said contract and shall be effective on the day of , 19 Witness our hands the day of 19 BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM BY Carl J. Blechinger, Executive Officer Approved as to form: Cy hia G. Besemer,' Legal Office, Date CITY COUNCIL OF THE CITY OF POWAY BY Presiding Officer Attest: Clerk PERS CON -702