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Ordinance 1986-23 ORDINANCE NO. 86-23 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GILROY AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF GILROY AND THE BOARD OF ADMINIS- TRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM. The City Council of the City of Gilroy does ordain as follows: Section 1. That an amendment to the Contract between the City Council of the City of Gilroy 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 thereof as though herein set out in full. S'eCtion 2. The Mayor of the City is hereby authorized, empowered, and directed to execute said amendment fur and on behalf of the City. Section 3. This ordinance shall take effect January 1, 198~. Section 4. This is an Emergency Ordinance which shall take effect immediately upon its passage and approval. The facts and circumstances giving rise to the emergency are as follows: Adoption of this Ordinance to take effect January 1, 1987, is necessary to comply with wage agreement with the Police Bargaining Unit. Under normal adoption procedures, this Ordinance would not be effective until January 14, 1987. This Ordinance was introduced as an emergency measure and passed and adopted to become effective immediately ORDINANCE NO. 86-,23 -1- and ordered published by title and summary in accordance with provisions of the City Charter at a regular session of the City Council held on the 1st day of December 1986, by the following vote: AYES: NOES: ABSENT: COUNCILMEMBERS: ALBERT, GAGE, KLOECKER,MUSSALLEM, PALMERLEE, VALDEZ and HUGHAN COUNCILMEMBERS: NONE COUNCILMEMBERS: NONE APPROVED: ~Mayor ATTEST: ORDINANCE NO. 86-23 -2- EXHIBIT "A" AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF GILROY The Board of Administration, Public Employees' Retirement System, hereinafter referred to am Boerd, and the governing body of above public agency, herein- after referred to as Public Agency, having entered into a contract effective July 1, 1968, and witnessed May 21, 1968, and as amended effective November 3, 1971, August 1, 1973, January 1, 1975, July 1, 1981 and July 1, 1982, which provides for participation of.Public Agency in said System, Board and Public Agency hereby agree as follows: Paragraphs 1 through 12 are hereby stricken from said contract as executed effective July 1, 1982, and hereby replaced by the following paragraphs numbered 1 through 12 inclusive: All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 60 for lo·al miscellaneous members and age 50 for local safety members. Public Agency shall participate in the Public Employees' Retirement System fro~ and after July 1, 1968 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 those, which by express provisions ~hereof~ apply only on the election of a contracting agency. Employees 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 Fire Fighters (herein referred to as local safety members); LoCal Police Officers (hereim referred to as local safety members); Employees other than local safety members (hereim' referred to as local 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: ELECTED OFFICIALS; AND PERSONS COMPENSATED ON AN HOURLY BASIS. 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 representing the accumulated contributions (plus interest thereof) 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. The fraction of final compensation to be provided for each year of credited prior and current service as a local miscellaneous member shall be determined in accordance with Section 21251.13 of said Retirement Law with all service prior to Federal Social Security termination December 31, 197q, subject to the reduction provided by said section (2% at age 60 Full and Modified). The fraction of final compensation to be provided for each year of credited prior and current service as a local safety member shall be determined in accordance with Section 21252.01 of said Retirement Law (2~ at age 50 Full). The following additional provisions of the Public Employees' ~etirement Law, which apply only upon election of a contracting agency, shall apply to the Public Agency and its employees: Sections 21380 - 21387 (1959 Survivor Program) excluding Section 21382.2 (Increased 1959 Survivor Benefits) and Section 21382.4 (Third Level of 1959 Survivor Benefits). Section 21381.3 (Local System Service Credit), for local miscellaneous members only. Section 21222.1 (Special 53 Increase - 1970). Legislation repealed said Section effective January 1, 1980. d4 3action 20862.8 (Unused Sick Leave Credit), for local fire .members only. Public Agency, in accordance with Government Code SeCtion 20740, ceased to. be an "employer" for purposes of Section 20759 effective om July 1, 1981. Accumulated* contributions of Public Agency shall be fixed and determined as provided in Government Code Section 20759, and accumulated contributions thereafter shall be held by the Board as provided in Government Code Section 20759. 10. 11. 12. Public Agency shall contribute to said Retirement System as follows: With respect to local miscellaneous members, the agency shall contribute the following perccntages of salaries earned as members of said Retirement System: (1) 0.09# percent until June 30, 2000 on account of the lia- bility for prior service benefits. (Subject to annual change.) (2) 7.384 percent until June 30, 2000 on account of the lia- bility for current service benefits. (Subject to annual change.) be With respect to local safety members, the agency shall contribute the following percentages of salaries earned as members of said Retirement System: (1) 1.382 percent until June 30, 1988 on account of the lia- bility for prior service benefits. (Subject to annual change.) (2) 18.562 percent until June 30, 2000 on account of the lia- bility for c~rrent service benefits. (Subject to annual change.) i reasonable amount, as fixed by the Board, payable in one 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 ~oard, 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. 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 valuation required by said Retirement Law. Contributions required of Public Agency and its employees shall be paid by Public Agency to the Retirement System within thirty days affcer the end of the period to which said contributions refer or aa may be prescribed by Board regulation. If more or less than the correct amount :Sf contributions is paid for any period, proper adjustment shall be made in connection with subsequent remittances. Adjustments cn account of errors in contributions required of amy employee may be made by direct payments between the employee and the Board. B. This amendment shall be effective on the day of BOARD OF ADMINISTRATION PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY COUNCIL OF THE CITY OF GILROY BY KENNETH G. THOMASON, ACTING EXECUTIVE OFFICER BY Presiding Officer Witness Date Approved s~ to form: Legal Office, Date Attest: Clerk Date PERS--CON-702 (AMEHDMENT) (Rev. 9/85) I, SUSANNE E. STEINMETZ, City Clerk of the City of Gilroy, do hereby certify that the attached Ordinance No. 86-23 is an original ordinance, duly adopted by the Council of the City of Gilroy at a regular meeting of said Council held on the 1st day of present. December , 19 86 , at which meeting a quorum was affixed the Officia'l Seal of the City of Gilroy, this of December , 19 86 ~ty Clerk of the City of Gilroy ~ IN WITNESS WHEREOF, I have hereunto set my hand and 3rd day (Seal)