Ordinance - 1645ORDINANCE NO. 1645
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 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 30 days from the passage thereof shall be
published at least once 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.
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.
• ATTEST:
Passed and approved this 27th day of August ,1984.
Mayor
City Cle k
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS.
CITY OF WEST COVINA )
I, HELENE MOONEY, City Clerk of the City of West Covina, do hereby
certify that the foregoing Ordinance No. 1645 was regularly introduced and placed
upon its first reading at a regular meeting of the City Council on the 13th day
of August , 1984. That, thereafter, said ordinance was duly adopted
and passed at a regular meeting of the City Council on the 27th day of August ,
1984, by the following vote, to wit:
AYES: Manners, Chappell, Shearer, Tennant, Bacon
NOES: None
ABSTAIN: None
City Clerk
APPROVED AS TO FORM:
0— -Qz� U
0 City ttt6r+y
• 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, December 11, 1978, January 1, 1979,
June 1, 1983 and December 16, 1983, which provides for participation of Public
Agency in said System, Board and Public Agency hereby agree as follows:
A. Paragraphs 1 through 15 are hereby stricken from said contract as executed
effective December 16, 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
age 60 for local miscellaneous members 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 herein—
after 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 those, which by
express provisions thereof, apply only on the election of a contract—
ing agency.
3. Employees of Public Agency in the following classes shall become mem—
bers of said Retirement System except such in each such class as are
excluded by law or this agreement:
a. Local Fire Fighters (herein referred to as local safety members);
b. Local Police Officers (herein referred to as local safety
members);
c. Employees other than local safety members (herein referred to as
local miscellaneous members).
•
• U. 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:
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.
5. Benefits being received under the local system on contract- date by
persons 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 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 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 local system.
7. Assets heretofore accumulated with respect to members in the local
retirement system have been transferred to the Public Employees'
Retirement System and applied against the liability for prior service
incurred thereunder. That portion of the assets so transferred re-
presenting the accumulated contributions (plus interest thereupon)
required 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 fraction of final compensation to be provided for each year of
credited prior and current service as a local miscellaneous member
shall be that provided in Section 21251.13 of said Retirement Law
with all service prior to Social Security termination March 31, 1970,
subject to the reduction provided by said section (2`; @ 60 Full and
Modified).
9. The fraction of final compensation to be provided for each year
of credited prior and current service for local safe-;y members who
elected within 90 days of December 16, 1983 to continue under the
provisions of Section 21252.1 shall be determined in accordance with
Section 21252.1 of said Retirement Law (One-half pay at age 55 Full).
0
• 10. The fraction of final compensation to be provided for each year of
credited prior and current service for those local safety members who
did not elect within 90 days of December 16, 1983 to continue under
the provision; of Section 21252.1 sha1..1. be, determined in accordance
with iection 21252.6 of ;aid 1?e irc;rnc nt; Law (2% at age 55 Full).
11. The following additional provisions of the Public Employees' Retire-
ment Law, which apply only upon election of a contracting agency,
shall apply to the Public Agency and its employees:
a. Sections 21380-21387 (1959 Survivors Program) excluding Section
21382.2 (Increased 1959 Survivors benefits).
b. Section 21389 (Second opportunity to elect 1959 coverage), for
local miscellaneous members only. Repealed effective September
27, 1979.
C. Section 21361.5 (Local System Service Credit).
d. Section 20818 (Two -years additional service credit), Statutes of
1976.
e. Sections 21263/21263.1 (Post -retirement survivor allowance), for
local safety members only.
f. Section 20024.2 (One-year final compensation).
12. Public Agency, in accordance with Section 20740, Government Code,
ceased to be an "employer" for purposes of Chapter 6 of the Public
Employees' Retirement Law effective on September 16, 1977. Accumula-
ted 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 con-
tributions 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 local miscellaneous members, the agency shall
contribute the following percentages of monthly salaries earned
as local miscellaneous members of said Retirement System:
(1) 1.488 percent until June 30, 2000 on account of the
liability for prior service benefits. (Subject to annual
change.)
(2) 13.593 percent until June 30, 2000 on account of the
liability for current service benefits. (Subject to annual
change.)
•
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) 2.997 percent until June 30, 1996 on account of the
liability for prior service benefits. (Subject to annual
change.)
(2) 22.440 percent until June 30, 2000 on account of the
liability for current service benefits. (Subject to annual
change.)
C. A reasonable amount, as fixed by the Board, payable in one in—
stallment within 60 days of date of contract 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 periodic investigation and valuations required by law.
d. A reasonable amount, as fixed by the Board, payable in one in—
stallment as the occasions arise, to cover the costs of special
• valuations 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
subject to adjustment by Board on account of amendments to the Public
Employees' Retirement Law, and on account of the experience under the
Retirement System as determined by the periodic investigation and val—
uation 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
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 cor—
rect 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.
•
r�
B. This amendment shall be effective on the
19
Witness our hands the day of
BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
BY
SIDNEY C. McCAUSLAND,
EXECUTIVE OFFICER
Approved as to form:
day of
CITY COUNCIL
OF THE
CITY OF WEST COVINA
Presiding Officer
Attest:
6 ay �y
• Margaret J. oehn, a ffice, Date Clerk
PERS CON-702
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C D T I F I C A T I O N
State of California )
County of Los Angeles ) as.
City of West Covina )
I, JANET BERRY,- Deputy City Clerk of the City of
West Covina., State of California, do hereby certify
that a true and accurate copy of Ordinance No.S
Was published, pursuant to law, in the West Covina
Tribune, a. newspaper of general circulation published
and circulated in the City of West Covina.
Janet
Berry,
eputy
City Clerk
City
of West
CQVina,
California
Dated