O 516 C.S.
ORDINANCE NO. 516 C.S.
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF ARROYO GRANDE TO AMEND THE CONTRACT
BETWEEN THE CITY AND THE BOARD OF
ADMINISTRATION OF THE PUBLIC EMPLOYEES'
RETIREMENT SYSTEM
WHEREAS, the City of Arroyo Grande, County of San Luis Obispo, State of California
("City") is duly authorized and existing under the laws of said State; and
WHEREAS, the City of Arroyo Grande has contracted with the Board of Administration
of the California Public Employees' Retirement System to provide retirement benefits to
its employees; and
WHEREAS, the City of Arroyo Grande wishes to adopt the provisions of Section 21354
(2% @ 55 Full and Modified formula), and Section 20042 (One-Year Final
Compensation) for local miscellaneous members; and Section 20042 (One-Year Final
Compensation) for local police members only.
NOW, THEREFORE, BE IT ORDAINED, by the City Council of the City of Arroyo
Grande, as follows:
Section 1: That an amendment to the contract between the City Council of the City of
Arroyo Grande and the Board of Administration of the California Public Employees'
Retirement System is hereby authorized, a copy of said amendment being attached
hereto, marked "Exhibit", and by such reference made a part hereof as though herein
set out in full.
Section 2: The Mayor of the City of Arroyo Grande is hereby authorized, empowered,
and directed to execute said amendment for and on behalf of said City.
Section 3. This Ordinance shall take effect thirty (30) days after the date of its
adoption.
Section 4: Within fifteen (15) days after passage of this Ordinance, it shall be
published, together with the names of the Council Members voting thereon, in a
newspaper of general circulation within the City.
ORDINANCE NO. 516 C.S.
PAGE 2
On motion of Council Member Ferrara, seconded by Council Member Dickens and on
the following roll call vote, to wit:
AYES: Council Members Ferrara, Dickens, Tolley, Runels, and Mayor Lady
NOES: None
ABSENT: None
the foregoing Ordinance was passed and adopted this 22nd day of August, 2000.
ORDINANCE NO. 516 C.S.
PAGE 3
~-r1~
MICHAEL A. LADY, MAYO
ATTEST:
~,~ A J 1.~!1lt3LA--
I L .
( , KELLY~ ET. ORE, DIRECTOR OF ADMINISTRATIVE SERVICESI
(' DEPUTY CITY CLERK
APPROVED AS TO CONTENT:
APPROVED AS TO FORM:
-
Exhibit
A.
CalPERS
California
Public Employees' Retirement System
. -
AMENDMENT TO CONTRACT
Bet\'veen the
Board of Administration
California Public Employees' Retirement System
and the
City Council
(City of Arroyo Grande
.
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 July 10, 1964, and witnessed June
16, 1964, and as amended effective September 16, 1966, May 24, 1973, July 4, 1980, June 24,
1988, February 12, 1999 and October 15, 1999 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
October 15, 1999, 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.
2. Public Agency shall participate in the Public Employees' Retirement System from
and after July 10, 1964 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 on 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:
8. EMPLOYEES COMPENSATED ON AN HOURLY BASIS; AND
b. ELECTED OFFICIALS.
5. The percentage of final compensation to be provided for each year of credited
prior and current service as a focal miscellaneous member shall be determined in .
accordance with Section 21354 of said Retirement Law subject to the reduction
provided therein for Federal Social Security (2% at age 55 Modified and 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 of said Retirement Law subject to the reduction
provided therein for Federal Social Security (2% at age 50 Modified).
7. Public Agency elected and elects to be subject to the following optional provisions:
a. Section 21222.1 (Special 5% Increase-1970). Legislation repealed said
Section effective January 1, 1980.
b. Section 20965 (Credit for Unused Sick Leave).
c. Section 21024 (Military Service Credit as Public Service), Statutes of 1976.
d. Section 21027 (Military Service Credit for Retired Persons).
e. Section 20042 (One-Year Final Com'pensation) for local miscellaneous
members and local police members only.
8. Public Agency, in accordance with Government Code Section 20790, ceased to be
an "employer" for purposes of Section 20834 effective on July 4, 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.
10. Public Agency shall also contribute to said Retirement System as follows:
a. 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.
b. 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 Employ'ees'
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 peri.od, 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 28th day of september 2000
,
BOARD OF ADMINISTRATION CITY COUNCIL
PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF ARROYO GRANDE
BY ~~E~~
KENNETH W. MARZION, CHIEF
ACTUARIAL & EMPLOYER SERVICES DIVISION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM g /l,,'S/VO
Witness Date
Atle~L , ,~ J
I /IL~, ,tuDlt_-"
Clerk )
AMENDMENT
PERS-CON-702A (Rev. 8\96)
OFFICIAL CERTIFICATION
I, KELL Y WETMORE, Director of Administrative Services/Deputy City Clerk of
the City of Arroyo Grande, County of San Luis Obispo, State of California, do
hereby certify under penalty of perjury, that the attached Ordinance No. 516 C.S.
is a true, full, and correct copy of said Ordinance passed and adopted at a
regular meeting of the City Council of the City of Arroyo Grande on the 22nd day
of August, 2000.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 25th
day of August, 2000.
.! / l 1 1
{. . 11.0/ JUf~1:1/1r).x
'/' !loJI ---
KELLY WE MORE, DIRECTOR OF ADMINISTRATIVE SERVICESl
DEPUTY CITY CLERK