Ordinance - 1608ORDINANCE NO. 1608
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 Administration, 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 Council 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 in the San Gabriel Valley 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.
ADOPTED AND APPROVED this 24th Day of October, 1983.
ATTEST:
.L.
City Clerk
iSTATE OF CALIFORNIA
COUNTY OF LOS ANGELES
CITY OF WEST COVINA
SS.
AA it
11114
1�1
I, HELENE MOONEY, City Clerk of the City of West Covina, do hereby certify
that the foregoing Ordinance No. 1608 was regularly introduced and place upon its
first reading at a regular meeting of the City Council on the loth day of October,
1983. That, thereafter, said ordinance was duly adopted and passed at a regular
meeting of the City Council on the 24th day of October, 1983, by the following vote,
to wit:
AYES: Councilmen: Tice, Shearer, Bacon, Chappell
NOES: Councilmen: None
ABSENT: Councilmen: Tennant
& &��Zeel
City Clerk
APPROVED AS TO FORM:
�I q
ty Att rney �'�
• AMENDMENT TO CONTRACT
BETWEEN THE
BOARD OF ADMINISTRATION
OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF WEST COVINA
The.Board of Administration, Public Employees' Retirement System, herein-
after referred to as Board, and the governing body of above public agency, here-
inafter referred to as Public Agency, having entered into a contract effective
July 1, 1966, and witnessed May 26, 1966, and as amended effective November 1,
1968, October 1, 1970, September 16, 1977, pecember 11, 1978, January 1, 1979,
and June 1, 1983, which provides for participation of Public Agency in said
System, Board and Public Agency hereby agree as follows:
A. Paragraphs 1 through 11 are hereby stricken from said contract as executed
effective June 1., 1983, and hereby replaced by the following paragraphs
numbered 1 through.15 inclusive:
1. All words and terms used herein which are defined in the Public Employ-
ees' Retirement Law shall have the meaning as defined therein unless
otherwise specifically provided. "Normal retirement age" shall mean
• ago 60'for local miscellaneous and age 55 for local safety members.
2. Public Agency shall participate in the Public Employees' Retirement
System from and after July 1, 1966 making its employees as hereinafter
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 to all
amendments to said Law hereafter enacted except such as by express
provisions thereof apply only on the election of contracting agencies.
3. Employees of Public Agency in the following classes shall become mem-
bers of said Retirement System except such in aach 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
local miscellaneous members).
4. Ip 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:
• a. PERSONS COMPENSATED ON AN HOURLY BASIS; AND
b. EMPLOYEES AND FORMER EMPLOYEES RETAINING RIGHTS OR RECEIVING
BENEFITS ON ACCOUNT OF RETIREMENT FOR SERVICE UNDER THE LOCAL
SYSTEM AS OF CONTRACT DATE.
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5• Benefits being,reoeived under the Local system on contract date by per-
sons retired for disability shall be continued by the Public Employ-
ees' 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 lif•-time allowance in the amount of one-half of the re-
tired person's basic salary at the.date of disability retirement
reduced by the workers'. compensation payment, 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.
6. Public Agency'in accordance with Section 20605.5 of the Government
Code shall provide that the normal rate of contribution, for those
employees who were members of the Local Retirement System, be`based on
age at entry into said looul system.
7. Assets heretofore accumulated with reapact to members in the local re-
tirement system have been transferred to the Public Employees' Retire-
ment System and applied against the liability for prior service in-
ourred thereunder. That portion of the assets so transferred repre-
senting the accumulated contributions (plus interest theraupon) re-
quired of the employees under said local system has been credited to
the individual membership account of each such employee under the
Public Employees' Retirement System.
8. The frEw tion of final compensation to be -provided for each year of cre
dited prior and current service as a localmiscellaneous member shall
be that provided in Section 21251 .13 of said Retirement Law -with all
service prior to Social Security termination t1arch 31, 1970., subject
to the reduction provided by said section (2% 0 60 Full and Modified).'
.9• The fraction of final compensation to be provided for each year of cre-
dited prior and turrent service for local safety.members who elect to
continue under the provisions of Section;Z,1.252.1 within,90 days of
this amendment to contract shall be determined in accordance with
Section 21252.1 of said Retirement Law (One -,half pay At age 55 Full).
10. The fraction of final compensation to be provided for each year of cre-
dited prior and current servic6 for local safety members who do not
elect to continue under the provisions of Suction 21252.1 within 90
days of this amendment to contract shall be determined in accordance
with Section 21252.6 of said Retirement Law (2% a; age 55 Full).
11. The following additional provisions of the Public Employeeo' Retire.
ment Law which apply only upon election of a contracting agency shall
apply to the Public Agency and its employees:
+a. Sections 213W-21387 (1959 Survivors Program) excluding Suction
21382.2 (Increased 1959 Survivors benefits).
Is
b. Section 20952.5 (Age 50 voluntary retirement) for local safety
members only.
• c. Section 21361.5 (Local System Service Credit) for local
miscellaneous members only.
d. Section 21389 (Second opportunity to elect 1959 coverage) for
local miscellaneous members only.
e. Section 20818 (Additional service credit), Statutes of 1976.
f. Sections 21263/21263.1 (Post -retirement survivor allowance) for
local safety members only.
g. Section 20024.2 (One-year final compensation) for local safety
members only.
120- Public Agency, in accordance with 'ection 20740, Government Code, ceas-
ed to be an "employer" for purposes of Chapter 6 of the Public Employ-
ees' 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 aforementioned date and
contributions thereafter made shall be held by the Board as provided
in Section 20759, Government Code.
13. Public Agency shall contribute to said Retirement System as follows:
. a. With respect to miscellaneous members, the agency shall contri-
bute the following percentages of monthly salaries ehrned as mis-
cellaneous members of said Retirement System:
(1) 1.714 percent until June 30, 2000 on account of the
liability for prior service benefits.
(2) 11.842 percent until June 30, 2000 on account of the
liability for current service benefits.
b. With 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) 3.076 percent until June 30, 1996 on account of tho
liability for prior service benefits.
(2) 22.898 percent until June 30, 2000 on account of the
liability for current service benefits.
c. A reasonable amount, as fixed by the Board, payable in one instal-
lment within 60 days of date of contract to cover the costs of ad-
ministering said System as it affects the employees of Public Ag-
ency, not including the costs of special valuations or of the per-
iodic investigation and valuations required by law.
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d. A reasonable amount as fixed by the Board, payable in one instal-
lment as the occasions arise, to cover the costs of special valua-
tions on account of employees of Public Agency, and costs of the
periodic investigation and valuations required by law.
14. Contributions required of Public Agency and its employees shall be sub- u
ject to adjustment by Board on account of amendments to the Public Em-
ployees' Retirement Law, and on account of the experience under the Re-
tirement System as determined by the periodic investigation and valua-
tion required by said Retirement Law.
15. Contributions required of Public Agency and its employees shall be
paid by Public Agency to the Retirement System within thirty days af-
ter 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 adjust-
ments on account of errors in contributions required of any employee
may be made by direct cash payments between the employee and the
Board. Payments by Public Agency to Board may be made in the form of
warrants, 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
Witness our hands the day of , 19 .
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMIM. T SYSTEM
BY
CARL J. BLECHINGER, EXECUTIVE OFFICER
Approved as to forms
CTTY COUNCIL
OF THE
CITY OF WEST COVINA
B VV-%�.UI JU__�
Pr4siding Officer
Attest:
�92
Margaret J. I
oehn, egal Office, Date Clerk
PERS CON-702
•
C E R T I F I C A T I O N
State of California. )
County of Los Angeles ) ss.
City of West Covina. )
1, JANET BERRY, Deputy City Clerk of the City of
West Covina., Sta.te of California., do hereby certify
that a true and accurate copy of Ordinance No...1-400��
wa.s published, pursuant to law, in the West Covina.
Tribune, a. newspaper of general circula.tion published
and circulated in the City of West Covina..
Dated J.1
-0115
0
— lah-W-jt.6-, �4az��
6111"Janet Berry, Deputy Cit Clerk
City of West Covina, California