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HomeMy WebLinkAbout3373 10 11 12 1 I ORDINANCE NO. 3.dJ.7.3 I ORDINANCE OF THE CITY OF SAN BERNARDINO AUTHORIZING AN I AMENDMENT TO THE CONTRACT BETWEEN THE MAYOR AND COMMON COUNCIL I AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC I EMPLOYEES' RETIREMENT SYSTEM. THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO II DO ORDAIN AS FOLLOWS: SECTION 1. That an amendment to the Contract between the 2 3 4 5 6 7 Mayor and Common Council of the city of San Bernardino and the 8 Board of Administration, California Public Employees' Retirement 9 System is hereby authorized, a copy of said amendment being 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 of San Bernardino is 13 hereby authorized, empowered, and directed to execute said 14 amendment for and on behalf of said Agency. 15 16 17 18 19 20 21 22 23 24 25 26 27 28 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 published at least once in the Sun/Evening Telegram, a newspaper of general circulation, published and circulated in the City of San Bernardino and thenceforth and thereafter the same shall be in full force and effect. I HEREBY CERTIFY that the foregoing ordinance was duly adopted by the Mayor and Common Council of the City of San ./ Bernardino at 0/.></ ~'(}.//A-~?vA' / l).? ~n .I'",.-vfueeting thereof, held 00 the .2 7 'f a~ of 0/1tf.-d;, 19 7 3, by the fo ll~iog vote to wit: -1- M 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 , , ~' , C~~/{it~! The foregoing ordinance is hereby approve6' this :X :? d day of t:ZjL/.-'-:C , 1973. 1 AYES: Councilmen 2 ~iL7 3 NAYS: 4 ABSENT: ~"'-_-c 5 6 7 8 9 Approved as to form: rz~~#A2 Cl. ty A~orney (P) ,~ ;;..; ~ 'l l; ,,~,:;,,;;',j 28 L ','C';:. :.-~~ ':'_, Ch"; ~" i". '-'.- ...-.....'2..<''-'-',_'--'-,..,..",... A,/,,-7~ ';71_/ ,;' -2- AMENDMENT TO CONTRACT BETWEEN TlB BOARD OF ADMINISTnATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF SAN BERNARDINO The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board and the CITY COUNCIL of the CITY OF SAN BERNAHDINO, herein- after referred to as Public Agency having entered into a contract under date of February 6, 1945, effective ~mxch 1, 1945, and as amended effective November 1, 1949, September 1, 1951, January 1, 1952, July 1, 1954, February 1, 1965, February 24, 1969, and March 8, 1971, and as provided by Chapters 170 and 316, Statutes of 1971, which provide for participation of Public Agency in said System, Board and public agency hereby agree as follows: A. Paragraphs 1 through 9 are hereby stricken from said contract as executed effective 1~ch 1, 1945, and are hereby replaced by the following para- graphs numbered 1 through 9 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 retire- ment age" shall mean age 60 for miscellaneous members and age 50 for local safety members. 2. Public Agency shall participate in the Public Employees' Retirement System from and after March 1, 1945, making its employees as herein- after 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 provision thereof apply only on the election of contract- ing 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. .Local policemen (herein referred to as local safety members); c. Employees other than local safety members (herein referred to as miscellaneous members). The following employees shall be excluded from membership in said :':Re:!'irement System: EXCLUDE CROSSING GUARDS WHOSE EMPLOYMENT COMMENCES JANUARY 1, 1952 OR AFTER. Ret. Form 702-1 . ". ........uo 4. The fraction of final compensation to be provided for each year of credited prior and current service as a miscellaneous member shall be that provided in Section 21251.13 of said Retirement Law. 5. The fraction 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 21252.01 of said Retirement Law. 6. The following additional provisions of the Public ~mployees' Retire- ment Law which apply only upon election of a contracting agency shall apply: a. Section 21263 (providing upon death of a miscellaneous member who retired for service or disability for the continuation of a post-retirement survivor allowance to certain survivors). b. Se"ction 21222.1 (providing for increases in allowances to which the annual cost-of-living provisions apply, payable for time commencing on the first day of the calendar month coinciding wi th or next following the effective date of this amendment to or on account of persons retired or members deceased on or prior to December 31, 1970). 7.. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellaneous members, the agency shall con- tribute the follovring percentages of monthly salaries earned as miscellaneous members of said System: (1) 0.32 percent until June 30, 2000 on account of the liability for prior service benefits. (2) 10.33 percent on account of the liability for current service benefits. (3) 0.20 percent for ten (10) years on account of the liability for the benefits provided under Section 21222.1 01 the Retirement Law. b. With respect to local safety members, the agency shall contribute the following percentages of monthly salaries earned as local safety members of said System: (1) 9.404 percent until June 30, 2001 on account of the liability for prior service benefits. (2) 19.696 percent on account of the liability for current service benefits. (3) 0.51 percent for ten (10) years on account of the liability for the benefits provided under Section 21222.1 of the Retirement Law. Ret. Fori! 702-2 ..- '. c. A reasonable amount per ann1Lm, as fixed by Board to cover the costs of administering said System as it affects the employees of Public Aeency, not including the costs of special valuations or of the periodical investigation and valuation required by law. d. A reasonable amount as fixed by the Board, payable in one install- ment as the occasions arise, to cover costs of special valuations on account of employees of Public Agency, and costs of the period- ical investigation and valuations required by law. 8. Contributions required of Public Agency and its employees shall be subject to adjust~ent 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 periodical investigation and valuation requirc,d by said Retirement Law. 9. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System wi thin thirty days after 'the end of the period to which said contributions refer. If more or less than the correct amount of contributions is paid for any period, proper adjustment shall be IT~de in connection with subsequent remittances, or adjustments on account of errors in payments beuveen the employee and 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 become effec- tive on the First day of October, 1973 . Witness our hands this 7 -It, day of j~1/rL.~' I~,- J / 7~3 BOARD OF ADMIIUSTRATION mc EMPLOYEES' RETIREMENT SYSTEM CITY COUNCIL OF THE CITY OF SAN BERNARDIllO ,,-/ Attest: ~. " Ret. Form 702-3 AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF SAN BERNARDINO The Board of Administration, Public Employees' Retirement System, hereinafter refe=ed to as Board and the CITY COUNCIL of the CITY OF SAN BERNARDINO, herein- after referred to as Public Agency having entered into a contract under date of February 6, 1945, effective March 1, 1945, and as amended effective November 1, 1949, September 1, 1951, January 1, 1952, July 1, 1954, February 1, 1965, February 24, 1969, and March 8, 1971, and as provided by Chapters 170 and 316, Statutes of 1971, which provide for participation of Public Agency in said System, Board and public agency hereby agree as follows: A. Paragraphs 1 through 9 are hereby stricken from said contract as executed effective March 1, 1945, and are hereby replaced by the following para- graphs numbered 1 through 9 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. retire- ment age" shall mean age 60 for miscellaneous members and age 50 for local safety members. 2. Public Agency shall participate in the Public Employees' Retirement System from and after March 1, 1945, making its employees as herein- after 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 provision thereof apply only on the election of contract- ing 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. Local policemen (herein refe=ed to as local safety members); c. Employees other than local safety members (herein refe=ed to as miscellaneous members). The following employees shall be excluded from membership in said Retiremen t System: EXCLlJDE CROSSING GUARDS WHOSE EMPLOYMENT COMMENCES JANUARY 1, 1952 OR AFTER. Ret. Form 702-1 4. The fraction of final compensation to be provided for each year of credited prior and current service as a miscellaneous member shall be that provided in Section 21251.13 of said Retirement Law. 5. The fraction 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 21252.01 of said Retirement Law. 6. The following additional provisions of the Public Employees' Retire- ment Law which apply only upon election of a contracting agency shall apply: a. Section 21263 (providing upon death of a miscellaneous member who retired for service or disability for the continuation of a post-retirement survivor allowance to certain survivors). b. Section 21222.1 (providing for increases in allowances to which the annual cost-of-living provisions apply, payable for time cOllIll1encing on the first day of the calendar month coinciding wi th or next following the effective date of this amendment to or on account of persons retired or members deceased on or prior to December 31, 1970). 7. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellaneous members, the agency shall con- tribute the following percentages of monthly salaries earned as miscellaneous members of said System: (1) 0.32 percent until June 30, 2000 on account of the liability for prior service benefits. (2) 10.33 percent on account of the liability for current service benefi ts. (3) 0.20 percent for ten (10) years on account of the liability for the benefits provided under Section 21222.1 of the Retirement Law. b. With respect to local safety members, the agency shall contribute the following percentages of monthly salaries earned as local safety members of said System: (1) 0.404 percent until June 30, 2001 on account of the liability for prior service benefits. (2) 19.696 percent on account of the liability for current service benefits. (3) 0.51 percent for ten (10) years on account of the liability for the benefits provided under Section 21222.1 of the Retirement Law. Ret. Form 702-2 c. A reasonable amount per annum, as fixed by 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 periodical investigation and valuation required by law. d. A reasonable amount as fixed by the Board, payable in one install- ment as the occasions arise, to cover costs of special valuations on account of employees of Public Agency, and costs of the period- ical investigation and valuations required by law. 8. Contri butions 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 periodical investigation and valuation required by said Retirement Law. 9. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System wi thin thirty days after the end of the period to which said contributions refer. 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 e=ors in payments between the employee and 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 become effec- tive on the day of . Wi tness our hands this day of . BOARD OF ADMINISTRATION POBLIC EMPLOYEES I RETIREMENT SYSTEM CITY COUNCIL OF THE CITY OF SAN BERNARDINO BY William E. Payne, Executive Officer Attest: ~~'/h~ t I Ret. Form 702-3