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HomeMy WebLinkAboutOrdinance No. 411ORDINANCE NO. 411 AN ORDINANCE OF THE CITY OF AZUSA, LOS ANGELES COUNTY, CALIFORNIA, AUTHORIZING A CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA AND THE BOARD OF ADMINI- STRATION, CALIFORNIA STATE EMPLOYEESt RETIREuIENT SYSTEM, PROVIDING FOR THE PARTICIPATION OF SAID PUBLIC AGENCY IN SAID STATE EMPLOYEES? RETIREMENT SYSTEM, MAKING ITS EMPLOYEES MEMBERS OF SAID SYSTEM. The City Council of the City of Azusa, Los Angeles11!k County, California, does ordain as follows: Section 1. That a contract is hereby authorized . Countyn California, and betweethe City lthe Board of the iof Ad inisttof rationALos ngele's` California State Employeest Retirement System, a copy of said contract being attached hereto marked exhibit "All and by such reference made a part hereof as though herein set out in full. i I Section 2. The Mayor of the City of Azusa, Los Angeles County, California is hereby authorized, empowered, and directed to execute said contract for and on behalf':" of said Agency. 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 Azusa Herald & Pomotropie a newspaper,";of general circulation, published and circulated in the:said City of Azusa, and thenceforth and thereafter the same'•shal: be in full force and effect. 15;7 , Adopted and approved this 20th day of December, 1948. May6r/br thk ty of Azusa Attest:Lw V I CIt y Clerk' STATE OF CALIFORNIA SS COUNTY OF LOS ANGELES 1 I hereby certify that the foregoing ordinance was introduced and placed upon its first reading at a regular meeting of the City Council of the City of Azusa, County of Los Angeles, State of California, duly and regularly held on the 6th day of December, 1948, in the regular Council Chambers in said City of Azusa, Los Angeles County, California; that said ordinance was I egularly passed and adopted by said City Council, signed by the Mayor and attested by the City Clerk of said City at a regular meeting of said City Council so held in the regular Council Chambers on the 20th day of December, 1948, and that the same was passed and adopted by the following vote of the Council: AYES: Councilmen: ORTUNO, MEMMESHEIMER, . MALONE, JUMPER. NOES: Councilmen: None. ABSENT: Councilmen: NASSER. I, City Clerk of the City of Azusa, Los Angeles County, State of California, do further certify that I caused said Ordinance to be published on the 30th day of December, 1948, in the Azusa Herald and Pomotropic, a newspaper of general circulation, printed, published and circulated in said City of Azusa, and that the same was Published in accordance with law. . A. Hynes, ty Clerk oe City of Azus 0 0 STATE EMPLOYEES' RETIREMENT SYSTEM SACRAMENTO 14, CALIFORNIA Tontrart BETv Farr T� NAas or Lecrsurrva Boot OF CITY OF AZUSA NAME or Crrr, COUNTY, Scxoor. Drs mtc:T, OR OTHER Punlrc Acaxcx AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA STATE EMPLOYEES' RETIREMENT SYSTEM coo aremenl}made this 20th _day of_Docsmber1948, by and between the Legislative Body of — CITY OF AZUSA Nome of City, c000cr, School District, or Other Public Agents hereafter referred to as "Public Agency," and the Board of Administration, California State Employees' Retirement System, hereafter referred to as `Board." WITNESSETH: In consideration of the covenants and agreements hereinafter contained and on the part of both parties to be kept and performed, Public Agency and Board hereby agree as follows: 1. Public Agency is to participate in the State Employees' Retirement System, subject to the provisions of the State Employees' Retirement Law. 2. Public Agency shall participate in said Retirement System, making its employees members of said System, from and after__,TMUa 7__1, 1949. 3. Employees of Public Agency in the following classes shall become members of said Retirement System in accord- ance with the provisions of said Retirement Law, governing membership in said Retirement System, and subject to the further exclusions from membership in the nest following sentence: NUMBER OF EMPLOYEES ELIGIBLE FOR MPMRFacHiP CLASSES OF EMPLOYEES ON January 1 .194 a. Local Firemen, as defined in the State Employees' Retirement Law -_--- ---- — b. Local Policemen, as defined in the State Employees' Retirement Law _ 10 ------ u County Peace Officers, as defined in the State Employees' Retirement Law__ ----- d. Employees other than Local Firemen, Local Policemen, and County 36 Peace Officers . . . . . . . . . . . . . . . . . __— F 126C In addition to the employees excluded from membership by said Retirement Law, the following employees shall not become members of the Retirement System: _ NO ADDITIONAL EXCLUSIONS Board and Public Agency agree that, except as provided in paragraph 11, no adjustment shall be made in the amount of contri- butions provided in paragraph Ila on account of prior service, or in the percentage provided in paragraph llb, because of variations in the numbers of employees who become members of said Retirement System on the effective date hereof, from the number listed above, due to termination of service by such causes as death, resignation or discharge, or the employment of individuals not included in said number. 4. Age -60 ---shall be the normal minimum age for retirement for service, of miscellaneous members employed (••W" or "65") by public agency, that is, members other than Local Firemen and Local Policemen, and— 1160 ("o e-rixoierl" it., i, 60, o+ "one-eeveoriech" if age is 65) shall be the fraction of final compensation, as defined in said Retirement Law, to be provided on the average, for each year of service as a member, by the members' and Public Agency's normal contributions, upon retirement at said minimum age. S. Benefits on account of prior service, that is, service credited hereunder as rendered to Public Agency prior to the effective date of participation, to respective members employed by Public Agency as Local Firemen or Local Policemen, shall be allowed only as a percentage of the average salary specified in said Retirement Law, for each year of such service, and said percentage shall be---- 100 --per cent of the fraction of final compensation, as defined in the State Employees' Retirement Law, for each year of service rendered after said date, as determined for said respective members under said law, for retirement for service at age S 5, or upon qualification for service retirement at a higher age. If a member retires for service before attaining age S S, his prior service pension shall be reduced to that amount which the value of the pension as deferred to age S S will purchase at the actual age of retirement. 6. Prior service benefits to miscellaneous members employed by Public Agency, that is, members other than Local Firemen and Local Policemen, upon retirement for service at the normal minimum age entered in paragraph 4 hereof, shall be allowed only as a percentage of the average salary specified in said Retirement Law, for each year of such service, and said percentage shall be---!Q-Q— ".__Per cent inch as "50, "75... "soo'• bae-sin . ----- ( ) (' uah" if mi,5mam age abax is 60, or " - rvenNesh" if minimum age be, is 65) If a member retires for service before attaining the normal minimum age in item 4, his prior service pension shall be reduced to that amount which the value of the pension as deferred to said minimum age will purchase at the actual age of retirement. 7. If the fraction stated in the preceding paragraph is one -sixtieth, the provisions of Section 21251.1 of the State Employees' Retirement Law, providing for a guaranteed percentage of final compensation for each year of current service as a member, .___SHALL__-------- _.apply to employees of Public Agency who become members of said Retirement System. (`Shill" or "ehal( nor") 8. The provisions of Section212586 __ ___ -_-__of the State Employees' Retirement Law, guaranteeing a ("212566" if miaimum age above is A, or "M56c" if minimum age above is 65) minimum retirement allowance under certain conditions -__—SHALL _ ___apply to employees of Public Agency who ("sha0" or "shall nor") become members of said Retirement System. 0 9. The provisions of Section 21367.5 of the State Employees' Retirement Law, providing a $300 death benefit after retirement _ ----- MULL --------- —apply to employees of Public Agency who become members of said Retirement System. ("shall" or ^vBvll noPq 10. The provisions of Section 20025 of the State Employees' Retirement Law, providing for the portion of com- pensation which shall be included in computations under the Retirement Law---_Sgk�l---____— ("il,all" ov "shall noi') apply to employees of Public Agency who become members of said Retirement System. if. Public Agency shall contribute to said Retirement System as follows: a. The sum of $5462-0 �J;er annum, payable in equal monthly or less frequent installments as Board shall require, for a period of__ SQ__.years, on account of the liability for benefits based on service rendered to Public Agency prior to the effective date hereof. b.._9 674 per cent of total salaries paid by Public Agency each month to its employees who are members of Said Retirement System, provided that only salary earned as members of said System shall be included in said total salaries, and the employees who are members of said System shall include employees who become members upon the effective date hereof and employees who become members thereafter. c. A reasonable amount per annum, as fixed by Board, payable in equal monthly or less frequent installments, as Board shall require, 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, provided that said amount shall be determined on the basis of the number of employees of Public Agency who are members on July 1st of the respective fiscal years, or with respect to the first year of participation, on the effective date of said participation. d. A reasonable amount as fixed by the Board, payable in one installment from time to time as the occasions arise, to cover the costs of special valuations on account of employees of Public Agency, and the costs of the periodical investigation into the experience under said Retirement System, as it affects said employees, and the valuation of the assets and liabilities of said System on account of said employees. Contributions required of Public Agency and its employees shall be subject to adjustment by the Board of Admin- istration on account of amendments to the State Employees' Retirement Law, and on account of experience under the Retirement System, as determined by the periodical investigation, valuation and determination provided for by said Retirement Law. 12. Contributions required of Public Agency under paragraph 11 immediately preceding, and contributions required of Public Agency's employees who are members of said System, shall be paid by Public Agency to the State Employees' Retirement System within thirty days after the end of the month or longer period to which said contributions refer. If more or less than the correct amount of contribution required of Public Agency or its employees is paid for any period, proper adjustment shall be made in connection with subsequent remittances of Public Agency to the Board, to rectify the errors; or such adjustments on account of errors made in contributions required of employees, may be made by direct cash payments between the employee in connection with whom the error was made, and Board. Payments of Public Agency to Board may be made in the form of warrants, bank checks, bank drafts, certified checks, money orders, or cash. WrrNEss OUR HANDS the day and year first above written. ATTEST: Clerk CITY COUNCIL____:______of Nva. of Lesid.dve Bd. — CITY OF AZUSA Nam of Nbl.c Agenvr BY- --'7i6P_ez----___ Mayor aw*KMXX BOARD OF ADMINISTRATION STATE EMPLOYEES' RETIREMENT SYSTEM ATTEST: -- — -- -- --- --- -- — — -- - — — By------ ----- - -------- Executive Officer President, Board of AdTeinistration 79484 9.47 ,M