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HomeMy WebLinkAbout5362 o RESOLUTION NO. 5362 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, AMENDING BY 1% THE AMOUNT PAID BY THE CITY TOWARD THE MISCELLANEOUS EMPLOYEES PERS CONTRIBUTION WHEREAS, the City of Arcadia is a member of the California Public Employees' Retirement System (PERS); and WHEREAS, the City currently pays the miscellaneous employees contribution to PERS at an amount equal to 6% of the employees Salary Schedule rate; and WHEREAS, the City Council has determined to change the 6% to 7% applicable to all employees of the City of Arcadia classified as local miscellaneous members (under the 2% at 60 plan) NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES HEREBY DETERMINE AND RESOLVE AS FOLLOWS: SECTION I. That the City shall pay for each local miscellaneous employee the full 7% employee contribution to PERS. SECTION 2. That the City Finance Director is authorized to implement this change effective June 21, 1987 for employees represented by AFSCME and August 2, 1987 for the remainder of miscellaneous employees. SECTION 3. That the City Clerk shall certify to the adoption of this Resolution. Passed, approved and ado",ed 'hi" 2M day of J~ ~y of Aceadia ATT"'- ~ ~~fty of Aceadia ./ -1- 5362 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES )SS: CITY OF ARCADIA ) I, CHRISTINE VAN MAANEN, City Clerk of the City of Arcadia, hereby certify that the foregoing Resolution No.5362 was passed and adopted by the City Council of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said Council held on the 21st day of July, 1987, and that said Resolution was adopted by the following vote, to wit: AYES: Councilmembers Chandler, Harbicht, Lojeski, Young and Gilb NOES: None ABSENT: None ~~,~ Clty Clerk of the Clty of Arcadla -2- 5362