HomeMy WebLinkAboutAgenda Packet - January 13, 1988 - CC 101.
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Finance Dept * 213 E Foothill Blvd * Box 1395 * Azusa 91702-1395
(818) 334-5125
TO: HONORABLE MAYOR AND MEMBERS OF TA CITY COUNCIL
10
FROM: GEOFF CRAIG, DIRECTOR OF FINANC-
DATE: JANUARY 13, 1988
SUBJECT: 1959 SURVIVOR BENEFIT SAFETY MEMBERS
At the January 4, 1988, regular meeting, Council began the
process of amending its contract with the Public Employees'
Retirement System (PERS) to include the 1959 Survivor Benefit
for safety members. The next step in the process is the first
reading of the attached ordinance authorizing an amendment to the
contract between the City Council and the Board of Administration
of PERS.
This measure will equalize this benefit for Azusa employees who
are members of PERS.
RECOMMENDATION
Staff recommends passage of this ordinance. The cost to the City
will be less than $3 , 000 per year.
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c: Joan Francone, Personnel Assistant
RESOLUTION NO. 8361
A RESOLUTION OF INTENTION OF THE CITY COUNCIL OF
THE CITY OF AZUSA TO APPROVE AN AMENDMENT TO THE
CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF
THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE
CITY OF AZUSA
WHEREAS, the Public Employees' Retirement Law permits the
participation of public agencies and their employees in the
Public Employees' Retirement System by the execution of a
contract, and sets forth the procedure by which said public
agencies may elect to subject themselves and their employees to
amendments to said Law; and
WHEREAS, one of the steps in the procedure to amend this contract
is the adoption by the governing body of the public agency of a
resolution giving notice of its intention to approve an amendment
to said contract, which resolution shall contain a summary of the
change proposed in said contract; and
WHEREAS, the following is a statement of the proposed change:
To provide Sections 21380-87 (1959 Survivor)
Benefits) for local police members only.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City
of Azusa does hereby give notice of intention to approve an
amendment to the contract between the said Council and the Board
of Administration of the Public Employees' Retirement System, a
copy of said amendment being attached hereto, and identified as
an Exhibit and by this reference made a part thereof.
ADOPTED AND APPROVED THIS 4th day of January, 1988.
GP
MAYOR
I HEREBY CERTIFY that the foregoing Resolution was duly
adopted by the City Council of the City of Azusa at a regular
meeting hereof held on the 4th day of January, 1988,
following vote of Council:
AYES: COUNCILMEMBERS: AVILA, COOK, CRUZ, LATTA, MOSES
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
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(' TY CLE
Public Employees' Retirement System
Field & Contract Services Division
Contracts Office, Section 900
Post Office Box 942709
Sacramento, CA 94229-2709
Telephone (916) 326-3608
326-3000 (Telecommunications
Device for the Deaf)
CERTIFICATION OF GOVERNING BODY'S ACTION
I hereby certify that the foregoing is a true and correct copy of a
Resolution adopted by the City Council
(Governing Body)
of the City of Azusa
(Name of Public Agency)
on January 4, 1988
(Date)
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ITY CLE or
Secy, tary of the Board
FCSD-CON-12
00600 (Rev. 10/86)
Public Employees' Retirement System
Field & Contracts Services Division
Contracts Office, Section 900
Post Office Box 942709
Sacramento, CA 94229-2709
Telephone (916) 326-3608
32b-3000 (Telecommunications
Device for the Deaf)
CERTIFICATION OF COMPLIANCE WITH
GOVER14MENT CODE SECTION 7507
I hereby certify that in accordance with Section 7507 of the Government
Code the future annual costs as determined by the System Actuary and/or the
increase in retirement benefit(s) have been made public at a public meeting
by the -City -Council- . __moi ty�� Azusa
(governing body) (public agency)
at least two weeks prior to the adoption of the final Ordinance/Resolution.
ice!
Date: January 5, 1988 l/ . '/
�riginal "signature
CITY CLERK
official title
PERS-CON-12A (Rev. 10/86)
C0601