Resolution - 9664f
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RESOLUTION NO: 9664
A RESOLUTION OF THE CITY OF WEST COVINA,
CALIFORNIA OPPOSING THE PROPOSED FEDERAL
MANADATE FOR MANDATORY SOCIAL SECURITY
PARTICIPATION FOR NEWLY HIRED EMPLOYEES OF
STATE AND LOCAL GOVERNMENT AGENCIES.
WHEREAS, the percentage of people in the United States who are older and retiring is
increasing; and
WHEREAS, the growth in the older population is placing greater strains on the Social
Security System; and
WHEREAS, it is estimated that the Social Security System will be able to meet all its
obligations until 2028, after which payroll contributions will only be enough to cover 75
cents on the dollar of current benefits; and
WHEREAS, the City of West Covina supports reform of the Social Security System to
ensure the future for the elderly in West Covina; and
WHEREAS, one component of the Clinton Administration's reform package is
mandatory participation in the Social Security System for newly hired State and local
government agencies; and
WHEREAS, California State and local government employees are currently covered
through the CalPERS system; and
WHEREAS, while government employees will contribute to the program they will not be
able to draw on the system in the future; and
WHEREAS, it is estimated that this mandate will eventually cost government agencies
6.2% of their annual payroll; and
WHEREAS, this will create a significant fiscal burden on State and local government
agencies, impacting their ability to provide essential services to their constituents; and
WHEREAS, the President of the United States is encouraging a national dialogue on
how to reform the Social Security system and is seeking input from all parts of the
nation.
NOW, THEREFORE, the City Council of the City of West Covina does resolve as
follows:
SECTION 1. The City Council has reviewed the Federal Mandate for Mandatory
Participation in Social Security for newly hired State and local
government employees, and is in opposition to the Mandate as it will
severely impact local government's ability to provide essential services to
the community.
SECTION 2. The City Clerk shall certify to the adoption of this resolution.
• APPROVED AND ADOPTED this 161h day of February 1999.
Richard Melendez
Mayor
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ATTEST
Janet;2erry
City Clerk. '
I HEREBY CERTIFY that the foregoing Resolution No. 9664 was duly
adopted by the City Council of the City of West Covina at the regular meeting thereof
held. on the 16th day of February 1998, by the following vote of the Council:
AYES: Herfert, Howard, Touhey, Wong, Melendez
NOES: None
ABSENT: None
ABSTAIN: None
Approved as to form:
�t �u dne 9� BUJ inn SLr ,rn/
Eliza eth Martyn i7 `
City Attorney
Janet Berry
City Clerk