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HomeMy WebLinkAboutOrdinance 2451 N.C.S. 12/27/2012 EFFECTIVE DATE ORDINANCE NO. 2451 N.C.S. OF ORDINANCE December 27, 2012 1 Introduced by Seconded by 2 3 4 Gabe Kearney Mike Healy 5 6 7 URGENCY ORDINANCE TO TAKE IMMEDIATE EFFECT, AUTHORIZING AN AMENDMENT TO 8 THE CONTRACT BETWEEN THE CITY OF PETALUMA AND BOARD OF ADMINISTRATION 9 OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM FOR SECTION 20475 10 (DIFFERENT LEVEL OF BENEFITS), SECTION 21353 (2%@ 60 FULL FORMULA), AND SECTION 11 20037 (THREE-YEAR FINAL COMPENSATION) APPLICABLE TO LOCAL MISCELLANEOUS 12 MEMBERS ENTERING MEMBERSHIP FOR THE FIRST TIME IN THE MISCELLANEOUS 13 CLASSIFICATION AFTER THE EFFECTIVE DATE OF AMENDMENT TO THE CONTRACT 14 15 WHEREAS, the Public Employees' Retirement Law permits the participation of public 16 agencies and their employees in the Public Employees' Retirement System (PERS) by the 17 execution of a contract, and sets forth the procedure by which said public agencies may elect 18 to subject themselves and their employees to amendments to said Law; and, 19 20 WHEREAS, prior to amending its PERS contract, the city must adopt a resolution giving 21 notice of its intention to approve an amendment to said contract, which resolution shall contain 22 a summary of the change proposed; and, 23 24 WHEREAS, on December 6, 2012, the City Council adopted Resolution No. 2012-177 25 N.C.S., a Resolution of Intention to Approve an Amendment to Contract between the Board of 26 Administration of the California Public Employees Retirement System ("PERS") and the City 27 Council of the City of Petaluma; and, 28 29 WHEREAS, pursuant to Government Code Sections 20475, 21353, and 20037 the contract 30 amendment which is the subject of the Resolution of Intention and this Ordinance will allow the 31 City to provide a second tier of retirement benefits at the 2% @ 60 Full formula and three-year 32 final compensation to local miscellaneous members entering membership for the first time in the 33 miscellaneous classification after the effective date amendment to the contract; and, 34 35 WHEREAS, beginning in FY 2008-2009 the City has identified revenue shortfalls and a 36 severe imbalance with projected expenditures in its General Fund account sufficient to have 37 required the City to deplete nearly its entire General Fund reserves and implement cost-cutting 38 measures in each fiscal year from 2008-2009 to 2012-2013 impacting service levels and 39 significantly reducing the workforce;and, 40 41 WHEREAS, employee salaries and benefits comprise approximately 78% of general fund 42 expenditures; and, 43 44 Ordinance No. 2451 N.C.S. Page 1 1 WHEREAS, all Units that include miscellaneous employees have ratified agreements, and 2 all include a provision for a second tier of retirement for the 2% @ 60 formula and the three-year 3 final compensation; and, 4 5 WHEREAS, in accordance with Section 7507 of the Government Code the future annual 6 costs as determined by the System Actuary for the change in retirement benefits were made 7 public at a public meeting of the City Council of the City of Petaluma on December 6, 2012 8 which is at least two weeks prior to the adoption of this Ordinance; and, 9 10 WHEREAS, the System Actuary determined that there will be no immediate employer 11 contribution rate impact from this amendment, but that when the mix of first and second tier 12 retirement employees reaches a 50/50 ratio, the employer cost and contribution rate will 13 decrease by 1.7%which in current dollars is an annual City savings of $203,330; and, 14 15 WHEREAS, if a second tier of retirement is implemented, the City will achieve annual cost 16 savings that will assist the City in restoration of services; and, 17 18 WHEREAS, the Public Employees' Pension Reform Act of 2013 (PEPRA) and related Public 19 Employees' Retirement Law will result in complex changes to retirement benefits effective 20 January 1, 2013; and, 21 22 WHEREAS, PERS requires that an employer must adopt a lower benefit formula prior to 23 January 1, 2013 and complete the contract amendment process in accordance with all 24 applicable requirements and that the effective date of the final action of the governing body 25 be prior to December 31, 2012; and, 26 27 WHEREAS, pursuant to the Charter of the City of Petaluma, Article XII, Section 76A, an 28 urgency ordinance may be adopted to take immediate effect when necessary for the 29 immediate preservation of the public health, safety and welfare and passed by a unanimous 30 vote of the city council members present at the time of adoption; and, 31 32 WHEREAS, Government Code section 36934 provides that an urgency ordinance may be 33 passed immediately upon introduction and either at a regular or a special meeting. 34 35 NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Petaluma as follows: 36 37 Section 1. Findings. The above recitals are hereby declared to be true and correct and 38 findings of the City Council of the City of Petaluma. 39 40 Section 2. Contract Amendment Authorized. The amendment to the contract between the 41 City of Petaluma and the Board of Administration, California Public Employees' Retirement 42 System attached hereto, marked Exhibit A, and incorporated herein by reference is hereby 43 authorized. 44 45 Section 3. Mayor Authorized to Execute Amendment. The Mayor is hereby authorized and 46 directed to execute said amendment for and on behalf of the City of Petaluma. 47 48 Section 4. Severability. It any provision of this ordinance or the application thereof to any 49 person or circumstance is held invalid, the remainder of the ordinance, including the application 50 of such part or provision to other persons or circumstances shall not be affected thereby and 51 shall continue in full force and effect. To this end, provisions of this ordinance are severable. The 52 City Council hereby declares that it would have passed each section, subsection, subdivision, Ordinance No. 2451 N.C.S. Page 2 1 paragraph, sentence, clause, or phrase hereof irrespective of the fact that any one or more 2 sections, subsections, subdivisions, paragraphs, sentences, clauses, or phrases be held 3 unconstitutional, invalid, or unenforceable. 4 5 Section 5. Effective Date. This ordinance is hereby declared to be necessary for the 6 immediate preservation of the public peace, health, and safety of the City of Petaluma on the 7 basis of the facts stated herein and shall take effect immediately and be in force from and upon 8 the date of its passage. 9 10 Section 6. Posting/Publishing of Notice. The City Clerk is hereby directed to post/publish this 11 ordinance or a synopsis of this ordinance for the period and in the manner required by the City 12 Charter. 13 14 15 INTRODUCED, ORDERED POSTED, and ADOPTED this 27th day of December 2012, by the following 16 vote: 17 18 19 Ayes: Albertson, Barrett, Mayor Glass, Harris, Healy, Kearney, Vice Mayor Renee 20 Noes:. None 21 Abstain: None 22 Absent: None 23 24 25 26 27 28 29 cpec. 7 30 David Glass, Mayor 31 32 33 34 ATTEST: APPROVED AS TO FORM: 35 36 37 38 Ai 39 _ 40 1. .l��f i�t\11L_ _ 41 rlisoh Mattioli,Dept7 ity Cle k Leslie Thomsen, Assistant City Attorney 42 43 44 45 46 47 48 49 2014794.1 Ordinance No. 2451 N.C.S. Page 3 Exhibit A Ca1PERS California Public Employees' Retirement System AMENDMENT TO CONTRACT Between the Board of Administration California Public Employees' .Retirement System • and the • City Council City of Petaluma 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 January 1, 1950, and witnessed October 18, 1949, and as amended effective August 1, 1959, November 1, 1959, March 1, 1965, June 1, 1965, April 1, 1969, January 1, 1974, November 1, 1980, November 1, 1981, July 1, 1982, January 1, 1987, December 28, 1987, January 1, 1992, January 4, 1996, June 30, 1996, May 4, 1998, April 5, 1999, June 30, 2D01, January 16, 2003, October 7, 2008 and November 15, 2012 which provides for participation of Public Agency In said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 14 are hereby stricken from said contract as executed effective November 15, 2012, and hereby replaced by•the following paragraphs numbered 1 through 15 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 entering membership in the miscellaneous classification on or prior to the effective date of this amendment to contract and age 60 for local miscellaneous members entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract; age 50 for local safety members entering membership In the safety classification on or prior to November 15, 2012 and age 55 for local safety members entering membership for the first time in the safety classification after November 15, 2012. • Ordinance No. 2451 N.C.S. Page 4 2. Public Agency shall participate in the Public Employees' Retirement System from and after January 1, 1950 .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 arei 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. 3. Public Agency agrees to indemnify, defend and hold harmless the California Public Employees' Retirement System (CaIPERS) and its trustees, agents and employees, the CaIPERS Board of.Administration, and the California Public'Employees' Retirement Fund from any claims, demands, actions, losses, liabilities, damages, judgments, expenses and costs, including but not limited to interest, penalties and attorneys fees that may arise as a result of any of the following: (a) Public Agency's election to provide retirement benefits, provisions or formulas under this Contract that are different than the retirement benefits, provisions or formulas provided under the Public Agency's prior non-CaIPERS retirerrient program. (b) Public Agency's election to amend this Contract to provide retirement benefits, provisions or formulas that are different than existing retirement benefits,provisions or formulas. (c) Public Agency's agreement with a third party other than CaIPERS to provide retirement benefits, provisions, or formulas that are different than the retirement benefits, provisions or formulas provided under this Contract and provided for under the California Public Employees' Retirement Law. (d) Public Agency's election to file'for bankruptcy under Chapter 9 (commencing with section 901)of Title 11 of the United States Bankruptcy Code and/or Public Agency's election to reject4his Contract with the CaIPERS Board of Administration pursuant to section 365, of Title 11, of the United States Bankruptcy Code or any similar provision of law. (e) Public Agency's election to assign this Contractwithout the prior written consent of the CaIPERS' Board of Administration. (f) The termination of this Contract either voluntarily by request of Public Agency or involuntarily pursuant to the Public Employees' Retirement Law. Ordinance No. 2451 N.C.S. Page 5 (g) Changes sponsored by Public Agency in existing retirement benefits, provisions or formulas made as a result of amendments, additions or deletions to California statute onto the California Constitution. 4. 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 Fire Fighters (herein referred to as local safety members); b. Local Police Officers (herein referred to as local safety members); c. Employees other than local safety members(herein referred to as local miscellaneous members). 5. 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: NO ADDITIONAL EXCLUSIONS 6. The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member entering membership in the miscellaneous classification on or prior to 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). 7. The percentage of final compensation to be provided for each year of credited current service as a local miscellaneous member entering membership for the first time in the miscellaneous classification after the effective date of this amendment to contract shall be determined In accordance with Section 21353 of said Retirement Law (2% at age 60 Full). 8. The percentage of final compensation to be provided for each year of credited prior and current service as a local safety member entering membership In the safety classification on or prior to November 15, 2012 shall be determined in accordance with Section 21362.2 of said Retirement Law (3% at age 50 Full), 9. The percentage of final compensation to be provided for each year of credited current service as a local safety member-entering membership for the first time in the safety classification after November 15, 2012 shall be determined in accordance with Section 21363.1 of said Retirement, Law (3% at age 55 Full). Ordinance No. 2451 N.C.S. Page 6 10. Public Agency elected and elects lo.be subject to the following optional provisions: a. Section 24222:1 (One-Time. 5% Increase - 1970). -Legislation repealed said Section effective January 1, 1980.. b. Section.'20012_(One-Year Final'.Coriipensetlon) for local safety members;entering membership on or prior°to •November 15; 2012 and.local miscellaneous memberse entering membership on or prior to the effedUVe date•of thiS amendment fo contract. c. Sectlon20965 (Credit for,Unused'Sick Leave). d. Section 21326 (One-Time 1% to 7% ,Increase For Local MiscelleneousiMembers Who!Retired or'Died'Priorto;July 1, 1974)• • Legislation repeaied-sald Section effective Januaryl 2002. e. Sections .21624, 21626 and 21628 (post Retirement Survivor Allewance)`for local fire rnembers'only. f. Sectiom2.1024(Military Service Credit as,P.Ublib Service). g. Section :21574„(Fourth Level of 1959 Survivor Benefits) for local safety:members only. h. Section 21573 (Third Level Of 1959 Sun/Ivor .Benefits) for local miscellaneous rhernbers.only. I. Section 20434 ("Local Fire Fighter" shall include any officer or employee of a fire department employed'to perform firefighting, fire prevention, fire training,_hazardous materials, .emergency medical services; or 'fire' or arson investigation services as described in • Govemment,Code:Section 20434). j. •Section 20903 (Two Years Addltibr al.Servide credit), k. Sectloh 20475. (Different Level.of Benefits). Section 21363:1 (3% @ 55 Full formula) and SebtiOh :20037 ,(Three-Year Final 'Compensation) are applicable to local safety members entering membership for the first time in the. safety, classification after Noverber 15, 2012. Section:21353 (2%.@ 60 F.u11.,formula) and 'Section 20037 (Three- Year, Final Compensation) are: applicable to local miscellaneous members: :entering membership for the first time in the miscellaneous .classification after the effectlVe date. of this 'amendment'to'coniract. Ordinance NA. 2451 N.C.S. Page 7 • 11. Public Agency; in accordance+;ivifh; Government Code Section 20790, ceased :to: be art"employer" foe purposes of Section 20834 effective on November 1, 1980';. Accumulated contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20834, and accumulated' contributions'thereafter. shall be• held by the Board as provided in Government'bode Section.20834. • 12. PublicAgency shalhdonfibute tosaid.Retirement•System•the contributions determined'by actuarial valuations.of prior and,future service liability with respect to local-miscellaneous members and local:safety members of said Retirement System. 13. Public Agency snall,81So conttibirle to said Retirement:System as follows: a. Contributions•required pet-covered member on account of the 1959 Survivor.Benefits provided under Section 21573'of said Retirement Law. .(Subject to annual change.) In addition, all assets and liabilities'of Public Agency and•its erriployees shall be pooled In a single;accourit;..based on•term insurance rates,for survivors of all local miscellaneous members. b. Contributibns.tequired per covered rnembet:bnr obbunt of the 1959 SurvlVor'Benefits provided under',Sedtien 2157416f.said Retirement Law. (Subject to .annual cha_nge.) In.:addition, ail 'assets and liabilities:of Public Agency•and its employees shall be pooled in a single,account, based art term insurance'rates;for survivors of all local safety members. c. A reasonable amount, as fixed by the:;Board, payable in one installmerrtwithin 60 days.of date of contracthb 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 periodib1nvestigation 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: 14. Contributions: required of Public Agency .and its .employees shall be subject to adjustment by Board'on account of amendments to the.Public ' Retirement System as determined account heiexpervence under the Employees' Retirement Law, and on by the p peeriodic investigation and valuation required by said RetiremeritLaw. • • • Ordinance No. 2451 N.C.S. Page 8 15. Contributions required:of Rub!ic Agency and Its employees shal! 'be paid by Public Agency to the Retirement 'Systern •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 icarrect amount of contributions is paid for iany'period, proper adjustment shalt be made in connection with subsequent remittances:. Adjustments on account of errors in contributions required.Of any erripleyee may be made by direct payments bebiteen the employee and the Board: B. This amendment shall be effective on the dayof BOARD OF ADMINISTRATION CITY COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF PETALUMA BY . BY- . KAREN DE FRANK, CHIEF PRESIDING':OFFICER CUSTOMER ACCOUNT SERVICES'DIVISION PUBLIC EMPLOYEES' RETIREMENT'SYSTEM W itness.E ate Attest Clerk AMENDMENr CaiPERS ID#5476407208 PERS-CON-702A. Ordinance No.2451 N.C.S. Page 9