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HomeMy WebLinkAboutOrdinance 2312 N.C.S. 10/06/0008 EFFECTIVE DATE ORDINANCE NO. 2312 N.C.S. OF ORDINANCE November 6, 2008 1 Introduced by Seconded by 2 3 4 Mike O'Brien Karen Nau 5 6 7 8 AUTHORIZING AN AMENDMENT TO THE CONTRACT 9 BETWEEN THE CITY OF PETALUMA AND BOARD 10 OF ADMINISTRATION OF THE CALIFORNIA 11 PUBLIC EMPLOYEES' RETIREMENT SYSTEM 12 13 BE IT ORDAINED BY THE COUNCIL OF THE CITY OF PETALUMA AS FOLLOWS: 14 15 Section 1. An amendment to the contract between the City of Petaluma and the Board of 16 Administration, California Public Employees' Retirement System is hereby authorized, a copy of 17 said amendment being attached hereto, marked Exhibit A, and by such reference made a part 18 hereof as though herein set out in full. 19 20 Section 2. The Mayor of the City Council is hereby authorized and directed to execute said 21 amendment for and on behalf of the City of Petaluma. 22 23 Section 3. Severability. The provisions of this Ordinance are severable and if any provision, 24 clause, sentence, word or part thereof is held illegal, invalid, unconstitutional, or inapplicable to 25 any person or circumstances, such illegality, invalidity, unconstitutionality, or inapplicability shall 26 not affect or impair any of the remaining provisions, clauses, sentences, sections, words or parts 27 thereof of this Ordinance or their applicability to other persons or circumstances. 28 29 Section 4. Effective Date. This Ordinance of the City of Petaluma shall be effective thirty (30) 30 days after the date of its passage. 31 32 Section 5. Publication. The City Clerk is hereby directed to post and/or publish this ordinance or 33 a synopsis of this ordinance for the period and in the manner required by the City Charter. 34 35 36 INTRODUCED and ORDERED ~UB~Sk#€D/POSTED this 15'h day of September, 2008. 37 38 ADOPTED this brh day of October 2008, by the following vote: 39 40 41 AYES: Barrett, Nau, O'Brien, Vice Mayor Rabbitt, Mayor Torliatt 42 43 NOES: None 44 Ordinance No. 2312 N.C.S. Page. 1 1 ABSENT: Freitas, Harris 2 3 ABSTAIN: None 4 5 6 7 8 9 10 Pam la Torliatt, M or 11 12 13 14 ATTEST: APPROVED AS TO FORM: 15 16 17 18 ~ 19 20 21 Claire Cooper, CMC, City Cler Eric W. Danly, Cit ttorney 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 Ordinance No. 2312 N.C.S. Page 2 `I~~, CaIPERS EXHIBIT' California Public Employees' Retirement System 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, 2001 and January 16, 2003 which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. Paragraphs 1 through 12 are hereby stricken from said contract as executed effective January 16, 2003, 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 55 for local miscellaneous members and age 50 for local safety members. Ordinance No. 2312 N.C.S. Page 3 1..y I ~ ' 1 ~i ~ 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 are not provided for herein and to all amendments to said Law hereafter enacted except those, which by express provisions thereof, apply only an the election of a contracting agency. 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 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). 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: NO ADDITIONAL EXCLUSIONS 5. The percentage of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member 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 safety member shall be determined in accordance with Section 21362.2 of said Retirement Law (3% at age 50 Full). 7. Public Agency elected and elects to be subject to the following optional provisions: a. Section 21222.1 (One-Time 5% Increase - 1970). Legislation repealed said Section effective January 1, 1980. b. Section 20042 (One-Year Final Compensation).. c. Section 20965 (Credit for Unused Sick Leave). d. Section 21326 (One-Time 1 % to 7% Increase For Local Miscellaneous Members Who Retired or Died Prior to July 1, 1974). Legislation repealed said Section effective January 1, 2002. Ordinance No. 2312 N.C.S. Page 4 c ~ ,i r ~ E t „7 I . e. Sections 21624, 21626 and 21628 (Post-Retirement Survivor Allowance) for local fire members only. f. Section 21024 (Military Service Credit as Public Service). g. Section 21574 (Fourth Level of 1959 Survivor Benefits) for local safety members only. h. Section 21573 (Third Level of 1959 Survivor Benefits) for local miscellaneous members 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 Government Code Section 20434). j. Section 20903 (Two Years Additional Service Credit). 8. Public Agency, in accordance with Government Code Section 20790, ceased to be an "employer" for 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 Code Section 20834. 9. 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 and local safety members of said Retirement System. 1 D. 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 21573 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. b. 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 safety members. Ordinance No. 2312 N.C.S. Page 5 c. 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. 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 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 effective on the day of ~ , BOARD OF ADMINISTRATION . CITY COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF PETALUMA BY BY LORI MCGARTLAND,'CHIEF PRESIDING OFFICER EMPLOYER SERVICES DIVISION PUBLIC EMPLOYEES' RETIREMENT SYSTEM Witness Date Attest: Clerk AMENDMENT' ER# 0293 PERS-CON-702A (Rev. 10105) Ordinance No. 2312 N.C.S. Page 6