Ordinance - 14079
CJ
ORDINANCE NO. 1407
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF WEST COVINA, CALIFORNIA, AUTHORIZING AN
AMENDMENT TO THE CONTRACT BETWEEN THE CITY
COUNCIL AND THE BOARD OF ADMINISTRATION OF
THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT
SYSTEM.
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 Administra-
tion, California Public Employees' Retirement System is hereby
authorized, a copy of said amendment being attached hereto, marked
"Exhibit A", and by such reference made a part hereof as though
herein set out in full.
SECTION 2. The Mayor of the City of West Covina is hereby
authorized, empowered, and directed to execute said amendment 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 West
Covina Tribune a newspaper of general circulation, published and
circulated in the City of West Covina and thenceforth and thereafter
the same shall be in full force and effect.
SECTION 4. The City Clerk shall certify to the passage of
this ordinance and shall cause the same to be'published as required
by law.
PASSED AND APPROVED this 9th day of October
ATTEST':
I IPO,,Al- /W X,42
Citylerk
Mayo
, 1978.
I, LELA W. PRESTON, City Clerk of the City of West Covina,
do hereby certify that the foregoing Ordinance No. 1407 was regularly
introduced and placed upon its first reading at a regular meeting of
the City Council on the 25th day of September , 1978. That,
thereafter, said ordinance was duly adopted and passed at a regular
meeting of the City Council on the 9th day of October , 1978
by the following vote, to wit:
AYES: Councilmen: Miller, Shearer, Browne, Tice.
NOES: Councilmen: None
ABSENT: Councilmen: Chappell
City Clerk
APPROY.gD AS TO FORM:
City Attorney
AMENDMENT TO CONTRACT BETWEEN THE
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYST'
AND THE
. CITY COUNCIL
OF THE
CITY OF WEST COVINA
The Board of Administration, Public Employees' Retirement System, he
after referred to as "Board", and the governing body of above public age ,
'iereinafter referred to as "Public Agency", having entered into a contract
ender date of May 26, 1966, effective July 1, 1966, and as amended
Qfftactivc November 1, 1968, October 1, 1970, September 16, 1977, which provides
::or part.icipat.i.on of Public Agency in said System, Board and Public Agency
tier.►.by agree as follows:
A. Paragraphs 1 through 11 are hereby stricken from said contract as
execv.ted effective September 16, 1977, and hereby replaced by the
folic,wi.ng, paragraphs number 1 through 11 inclusive:
1.. .+..1.1. words and terms used herein which are defined in the Public
Employees' Retirement Law shall have the meaning as.defined therein
u.nles:; otherwise specifically provided. "Normal retirement age"
mean age 60 for miscellaneous members and age 55 for local
et:y members. "Local System" shall mean Group Annuity Contract.
;.o. 6378-N issued by Occidental Life Insurance Company to the City
<>I' West_ Co,rina on July 1, 1959 including all amendments thereto.
L. i'c.cblic Ag►.! icy shall participate in the Public Employees' Retirement
• System from and after July 1, 1966, making its employees as
iiere.inaftrer 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 t.o all amendments to said Law hereafter enacted except such as
l,y express; provisions thereof apply only on the election of contracting
agencies.
3. i4nployees 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 Firemen (herein referred to as local safety members);
b. Local Policemen (herein referred to as local safety members);
c. Employees other than local safety members (herein referred to as
miscellaneous members).
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:
i XCLU06 EMPLOYEES COMPENSATED' ON AN HOURLY BASIS.
• EXCLUDE EMPLOYEES AND FORMER EMPLOYEES RETAINING RIGHTS
OR RECEIVING BENEFITS ON ACCOUNT OF RETIREMENT FOR SERVICE
taNOLR THE LOCAL SYSTEM AS OF CONTRACT DATE
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4. Benefits being received under the local system on contract date by
persons retired for disability shall be continued by the Public
Employees' Retirement System at the rate provided in the local
• system in accordance with Section 20520 of the said Retirement Law,
said rate being constituted as follows:
a. A monthly lifetime allowance in the amount of one-half of the
retired person's basic salary at the date'of disability retire-
ment reduced by the workmen's compensation payment in each month
during, the retired person's entitlement to such payment.
b. A $500 death benefit payable upon death of the retired person
described above.
`i. The fraction of final compensation to be provided for each year of
credited prior and current service as a miscellaneous member shall
be determined in accordance with Section 21251.13 of said Retirement
I.aw (di at age 60) .
F�. The fraction of final compensation to be provided for each year
of (.17edited prior and current service as a safety member shall
be detcermaned in accordance with Section 21252.1 of said
Ietirement Law (One-half pay it age 55).
7. Tire following additional provisions of the Public Employees' Retirement
I,aw which apply only upon election of a contracting agency shall apply
to the Public Agency and its employees:
a. Section 20952.5 providing for age 50 as the minimum voluntary
• retirement age for local safety members, with benefit payments
commer+.cing prior to age 55 subject to actuarial discount).
b. Section 20605.5 (providing that the normal rate of contribution
for those employees who were members of the Local Retirement
System shall be based on age at entry into said local system).
c. Section 21361.5 (providing that years of service rendered as a
membea- of the Local Retirement System prior to the effective.date
of this contract shall be included -in the computation of the basic
death benefit provided in Section 21361 upon the death.of any member
who was also a member of said local system).
d. Secticris 21380-21388 (providing for allowances for survivors
of meazbers covered under the 1959 Survivor's Program upon the
member.'s death before retirement).
0. Section 21.389 (providing that miscellaneous members not covered
by fec.eral Social Security who did not elect to be covered by
the 11j,59 Survivor Benefit when Public Agency added said benefit
to itr•: contract shall be given another opportunity to elect to
be couared under the program).
E. Sectictis 21263 and 21263.1 (providing upon the death of a
• member who retired for service or disability for continuance
of a post-retirement.survivor allowance to certain survivors).
for local firemen members.
CON-702 -2
sIubli,c Agency, in accordance with Section 20740, Government Code,
•�'Vasvd to be an "employer" for purposes of Chapter 6 of the Public
Fmployees' Retirement Law effective on September 16, 1977.
Accumulated contributions of Public.Agency as of the aforementioned
date shall be fixed and determined as provided in Section 20759,
Government Code, and accumulated contributions as of the afore-
mentioned date and contributions thereafter made shall be held by
the Board as provided in Section 20759, Government Code.
9. Public Agency shall contribute to said Retirement System as follows:
,I. With respect to miscellaneous members, the agency shall
contribute the following percentages of monthly salaries
earned as miscellaneous members of said Retirement System:
(1) 1.251 percent until June 30, 2000 on account of the
liability for prior service benefits.
9.187 percent on account of the liability for current
service benefits.
(3) U,443 percent on account of the liability for the
1.959 Survivor Program.
,. 4i.th respect to local safety members , the agency shall
contribute the following percentages of monthly salaries
earned as local safety members of said Retirement System:
(1) 2.685 percent until June 30, 1996 on account of the
liability for prior service benefits.
• () 14.892 percent on account of the liability for current
service benefits.
•
(3) 0.058 percent on account of the liability for the
1959.Survivor Program.
c. A reasonable amount per annum, as fixed by the Board 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 valuations
required by law.
d. 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 periodical investigation and valuations
required by law.
10. k.'CNktribut:i.ons required of Public Agency and its employees shall be
;ub,ject to adjustment by Board on account of amendments to the
Oublic Employees' Retirement Law, and on account of the experience
arider the i;.etirement System as determined by the periodical
i.iive.n:L igat. i on and valuation required by said Retirement Law.
CON-702-3
(;ontr:i.butions required of Public Agency and its -employees shall
be paid by Public Agency to the Retirement.System within thirty
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
period, proper adjustment shall be. made in connection with
subsequent remittances, or adjustments on account of errors
Li contributions required of any employee may be made by
di.rec2 casi). payments between the employee and the Board.
Iaymeats by Public Agency to Board may be made in the form
of warra.uts, bank checks, bank drafts, certified checks,
money orders, or cash.
B. This amendment shall be attached to said contract and shall be effective on
the day of , 19
6itness our hands this day of
•
BOARD OF ADMIN:C STRA'i ION
PUBLIC EKILOYEES' RETIREMENT SYSTEM
BY _
Carl_ J. Blechinge
Approved .ts to form:
Legal OffIce, _P RS
CITY COUNCIL
F THE
ITY OF WEST COVINA
BY _
Presiding Officer
Attest:
Clerk
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