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RESOLUTION NO. 2909
RESaLU'l'I<II OF m'l.'ENTION TO APPROVE AN
AHEmlMFB'l' TO CWl'RACT BmEm TIlE
BOARD OF AIlMINISTaATION OF THE
STATE EHPLOIEES' IlE'fIJlE}mJT SYSTEH AND THE
CI'l'I COUNCIL OF THE
Clfr OF ARCADIA
\VHE7lEAS~ the State Elaploynes' P.etirement Law permits the partioipation of
publ10 agencies and the:i1' EIIIlployees in the state FlIIploy-ees' Retirenent System bJ"
the exeoution of a contract, aD! sete forth the procecb1re by tlhioh said publio
agencies ms:r eleot to subJeot themselves and their empJ.a,yess to amendments to
said lawJ and '
l-1HEREAS, one step in said procedure is the adoption bJ" the legislatiV9 ~
of the public agency of a resolution giving not1.oe of ita intention to approve
an amendment to said contract~ much resolution shall contain a ll1lJIlIiI817 of the
changes proposed in said contraot, and I
\-j}fl?RRAS, the follqldng is a sumlll7 of the proposed ohanges ~
1. "F1nal Compensation" shall consist of the highest average earn1ngs
dUring BIIT J:Sr1od of tm-ee oonsecutive years of membership (instead
of five).
BE IT RESOLVED, That the CITY COUNCIL of the CUI OF ARCADIA, give~ lIIId it
hereby gives notice of intention to approve en lll!Iendment to the contract between
the CITI COUNCIL and the BoaZ'd of Administration of the, state Employees' Retire9
ment System, a oopy of said ll!IIendmBnt being attached hereto~ marked "Exhibit An,
and by referenoe made a part hereof.
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JUly 16, 1957
Date Adopted and Approved