HomeMy WebLinkAboutResolution 91-083 04/01/1991Resolution No. 91=83 N.C.S.
of the City of Petaluma, California
RESOLUTION AUTHORIZING CITY ENTRY INTO THE PARS RETIREMENT SYSTEM
WHEREAS , it is determined tp be in the best interest of the City of.
Petaluma and its employees to provide a Qualifying Retirement System to all
employees not currently eligible for such a Qualifying Retirement System,
thereby meeting the requirements of Section 11332 of the .Social Security Act
and;
WHEREAS, the Public Agency Retirement System (PARS) Pension Plan,
a governmental plan, has made such a System available to the City of
Petaluma and its eligible employees, and qualifies under California
Government Code Section 20,000, Section 11332 of the Federal Social
Security Act, and meets the meaning of the term "retirement system" as
given Section 218 (b) (4) of the Federal Social Security Act;
NOW THEREFORE, BE IT RESOLVED:
(1) The Petaluma City Council does hereby adopt
PARS , to be effective June 30 , 1991, for the benefit
of those employed on that date and thereaftEr; and
(2) The City Manager of the City of Petaluma is hereby appointed the
City of Petaluma Plan Administrator; and,
(3) The City of Petaluma Plan Administrator is hereby authorized to
execute the attached PARS Adoptifln Agreement on behalf of the
City and to take whatever addit-is~nal actis~ns that are necessary to
maintain the participation of the City in PARS and to maintain
PARS compliance with Section 11332 of the Act and relevant
regu]ations issued or as may be issued.
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 Approved as to
Council of the City of Petaluma at a (Regular) (Ai}F~~61 meeting form
on the ...1.SS_...-•-•---..... day of ..................E~~1:1.~............................._., 19.._~.~, by the '
following vote:
City Attorney
AYES: Read, Woolsey, Nelson, Vice It'Iayor Cavanagh, Mayor Hilligoss
NOES: ~
ABSENT: Da is, S
ATTEST : ................ ............ ... ....._ _._......................... V
ity Clerk
Gbuncil File_.._ ...............................
ca io-ss Res. No.......9:1.-.8.3.......... n.cs.