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HomeMy WebLinkAboutOrdinance 1249 (Amend MCERA)CLERIC'S CERTIFICATE I, MARION A. GRADY, City Clerk of the City-pf San Rafael, and Ex -officio Clerk of the Coun ail of said City do hereby certify that the foregoing Charter Ordinance mo. 1249 entitled: An Ordinance of the City Council of the City of San Rafael authorizing an amendment to the contract between the City Council of the City of San Rafael and the Board of Administration of the California Public Employees' Retirement System. is a true and correct copy of an ordinance of said City, and was introduced at a regular meeting of the City Council of the City of San Rafael, held on the 3rd day of January 19 77 Published as re- quired by City Charter in the Independent Journal , a newspaper pr:inted and published in the City of San Rafael and passed and adopted as an ordinance of said City at a regular meeting of the City Council of said City held on the 17th day of January 19 77 by the following vote, to -wit: Ayes: Councilmen. Jensen, Miskimen, Mulryan, Nixon and Mayor Bettini Noes: Councilmen: None Absent: Councilman: None WITNESS my hand and the official seal of the City of San Rafael this y day of brc.c c r y 1977 X161 h MARION A. GRADY, City Clerk ORDINANCE NO. 1249 AN ORDINANCE OF THE CITY COUNCIL of the (Name of Governing Body) CITY OF SAN RAFAEL AUTHORIZING AN AMENDMENT (Name of Public Agency) TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE CITY OF (Governing Body) SAN RAFAEL AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM. The City Council of the City of San Rafael (Name of Governing Body) (Name of Public Agency) does ordain as follows: SECTION 1. That an amendment to the Contract between the City Council (Name of of the City of San Rafael and the Board of Governing Body) (Name of Public Agency 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 (Title of Presiding Officer) City Council is hereby authorized, empowered, and (Name of Governing Body) directed to execute said amendment for and on behalf of said Agency. SECTION 3. This ordinance shall be published once in full at least three days before its final adoption in the INDEPENDENT JOURNAL a newspaper of general circulation, and shall be in full force and effect thirty (30) days after its final adoption. e�d&a 9 C. PAUL BETTINI, Mayor ATTEST: MARION A. GRADY, CiClerk a The above and foregoing Ordinance No. 1249 was read and introduced at a regular meeting of the City Council of the City of San Rafael, held on Monday , the 3rd day of January , 1977, and was ordered passed to print by the following vote, to wit: AYES: COUNCILMEN: Miskimen, Mulryan, Nixon and Mayor Bettini NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None ABSTAINED: COUNCILMEN : Jensen and will come up for adoption as an Ordinance of the City of San Rafael at a regular meeting of the Council to be held on the 17th day of January , 1977. MARION A. GRADY, Cit�Clerk Exhibit "A" AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES` RETIREMENT SYSTEM AND THE CITY COUNCIL CITY OF SAN RAFAEL The Board of Administration, Public Employees' Retirement System, hereinafter referred to as Board, and the CITY COUNCIL of the CITY OF SAN RAFAEL, hereinafter referred to as Public Agency having entered into a contract under date of June 20, 1957, effective July 1, 1957, as amended effective December 1, 1957, January 1, 1958, March 2, 1959, January 1, 1969, October 1, 1969, March 1, 1971, October 1, 1973 and July 1, 1974, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. The following subparagraph shall be added to Paragraph 6 of said contract: 6.(f) Section 20024.2 (defining "final compensation" on the basis of average compensation earnable during the year immediately preceding retirement or any other one year period elected by the member). B. Paragraph 6.5 shall be added to said contract: 6.5 Public Agency, in accordance with Section 20740, Government Code, shall cease to be an "employer" for purposes of Chapter 6 of the Public Employees' Retirement Law effective as of the effective date of this amendment to this contract. Accumulated contributions of the Public Agency as of the date of such amend- ment shall be fixed and determined as provided in Section 20759, Government Code, and such accumulated contributions and contributions hereafter made shall be held by the Board as provided in Section 20759, Government Code. C. Paragraph 7(a) shall be stricken from said contract and the following paragraphs shall be substituted therefor: 7. Public Agency shall contribute to said Retirement System as follows: a. With respect to miscellaneous members, the Public Agency shall contribute the following percentages of monthly salaries earned as miscellaneous members of said System: (1) 1 .514 percent until June 30, 2000 on account of the liability for prior service benefits. Ret. Form 702-1 (2) 11 .968 percent on account of the liability for current service benefits. (3) 0.300 percent on account of the liability for the 1959 Survivors program. (4) 0.130 percent until June 30, 2000 to provide the benefits under Section 21222.1 of the Government Code. D. This amendment shall be attached to said contract and shall become effective on the 1st day of March, 1977 Witness our hands this /� 9 day of 0a Ag,Cl t.1 /?%%, v e - BOARD OF ADMINISTRATION PUB LIC EMPLOYEES' RETIREMENT SYSTEM go Carl J. Blechinger, Executive Officer Approved as to form: Legal Office, P. E. R. S. CITY COUNCIL OF THE CITY OF SAN RAFAEL BY Presiding -}f cer Attest: Clerk er /,/,� "5 - Ret. Form 702-2