HomeMy WebLinkAboutResolution No. 2016-C59RESOLUTION NO. 2016-059
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA
FOR LEAVE BANK REDUCTION PROGRAM FOR AZUSA POLICE
MANAGEMENT ASSOCIATION (APMA) MEMBERS
WHEREAS, employees of the City of Azusa are paid leave banks to include sick and
vacation leave hours accrued and not used, including at the time of retirement or resignation; and
WHEREAS, such payments are subject to Social Security taxes and Federal and State
taxes at the supplemental rate; and
WHEREAS, these leave bank payments can be deposited in an IRC Section 401(a)
Special Pay Plan (the Plan) as an employer contribution; and
WHEREAS, the Azusa Police Management Association (APMA) employee group has
agreed to participate in this plan will do so effective on or after October 1, 2016, and
WHEREAS, the employee groups not participating as of October 1, 2016, may elect, at a
later date, to participate in the plan; and
NOW, THEREFORE, BE IT RESOLVED that the City Council adopts the
establishment of the 401(a) Special Pay Plan through Envoy Plan Services, Inc., with plan
administration provided by Mid America Administrative and Retirement Plan Solutions, Inc.
RESOLVED FURTHER that a copy of this Resolution shall be provided to Envoy Plan
Services.
PASSED, APPROVED and ADOPTED this 19`h day of September, 2016.
oseph Romero Rocha
Mayor
ATTEST:
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OAF
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF AZUSA )
I HEREBY CERTIFY that the foregoing Resolution No. 2016-059 was duly adopted
by the City Council of the City of Azusa at a regular meeting thereof, held on the ,19`h day of
September, 2016, by the following vote of Council:
AYES: COUNCILMEMBERS: GONZALES, CARRILLO, MACIAS, ALVAREZ, ROCHA
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
FA "0000 � �
APPROVED AS TO FORM:
Best Be j& Krieger, LP
City Attc •ney