HomeMy WebLinkAboutResolution 99-023 N.C.S. 02/01/1999 Resolution No. 99-23 N.C.,J.
of the City of Petaluma, California
AGREEMENT TO POOL 1959 SURVIVOR BENEFITS ASSETS AND-
LIABILITIES BETWEEN THE BOARD OF ADMINISTRATION OF
THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE
CITY COUNCIL OF THE CITY OF PETALUMA
WHEREAS, Government Code Section 21573 provides for a single
employer rate to be established to provide benefits under said Section on
account of members employed by contracting agencies electing to include
the provision of said Section in their contracts; and
WHEREAS, Government Code Section 21573 requires pooling of all
assets and liabilities of all contracting agencies subject to said Section;
NOW, THEREFORE BE IT AGREED, that assets and liabilities of the
City of Petaluma and its covered. employees shall be pooled pursuant to the
provisions of Government Code Section 21573.
BOARD OF ADMIlVISTRATION CITY COUNCIL OF THE CITY OF
PUBLIC EMPLOYEES' PETALUMA
RETIREMENT SYSTEM
BY BY
E. C/ark 7T?ompson
KENNETH W. MARZION, CHIEF MAYOR
ACTUARIAL & EMPLOYER
SERVICES DIVISION -
PUBLIC EMPLOYEES'
RETIREMENT SYSTE
Date:
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the. i ve
Council of the City of Petaluma at a (Regular) ~i~X`&'~e~~ meeting fo
on the .._1St day of _........February--•---•-•-•----....._........., is.99., by the
following vote:
City Attorney
AYES: Healy, Torliatt, Cader-Thompson, Hamilton, Maguire, Vice Mayor Keller, Mayor Thompson
NOES: None
ABSENT: None
.
ATTEST :
City Clerk Mayor E. GerkThompson
Council File_......~
cn ui.H~ ~z~ s. u~~......9.9.-2.3........... rv.cs.