Ordinance - 2241ORDINANCE NO. 2241
AN URGENCY ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WEST
COVINA, CALIFORNIA, AUTHORIZING AN AMENDMENT TO THE
CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF WEST
COVINA AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
WHEREAS, the City of West Covina has made a determination regarding the
issue of providing PERS Benefit of 3% @ 55 .with the three year average final
compensation option for local police members entering membership for the first time in
the police classification; and
WHEREAS, the City elects to pursue an Urgency ordinance, which would take
effect immediately following adoption, in order to realize cost saving benefits when hiring
new police employees under the PERS formula of 3% @ 55 with the three year average
final compensation option; and
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;
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF WEST COVINA
DOES ORDAIN AS FOLLOWS:
SECTION 1. That an amendment to the contract between the City Council of
the City of West Covina and the Board of Administration, California Public Employees'
Retirement System is hereby authorized, a copy of said amendment being attached
hereto, marked Exhibit 1, and by such reference made a part hereof as though herein
set out in full.
SECTION 2. The Mayor of the West Covina City Council is hereby authorized,
empowered, and directed to execute said amendment for and on behalf of said Agency.
SECTION 3. The City Clerk shall certify the adoption of this Ordinance and
shall cause the same to be posted or published in the manner as required by law.
SECTION 4. This Urgency Ordinance shall take effect and.be in force the date
following. its passage.
INTRODUCED, APPROVED AND ADOPTED on this 18th da ce er 2012
City Clerik-.-aurie-Ca.rico
I, LAURIE-,CARRICO; -CITY CLERK of th
certify that ,th0foregoin0Ordinance was
regular meeting,pfithe City Council on the
vote of the City Council:
AYES:
Herfert,
NOES:
None
ABSENT:
None
ABSTAIN:
None
,Mayor, Shelley Sanderson
City of West Covina, California, do hereby
introduced, approved and duly adopted at a
181h day. of December 2012, by the following
Sotelo, Sykes, Touhe_v, Sanderson
APPROVED AS TO FORM:
Xlezl-
4tyttorney Arnold Alvarez-Glasman
City Clerk La hii Carrico "
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