HomeMy WebLinkAbout3746
.
.
RESOLUTION 3746
RESOLUTION OF INTENTION TO APPROVE AN
AMENIMENT TO CONTRACT BETWEEN THE
BOARD OF ADMINISTRATION OF THE
STATE EMPLOYEES' RETIREMENT SYSTEM AND TIlE
CITY COUNCIL
OF THE
CITY OF ARCADIA
WHERE/;S, the State Employees' Retirement Law pennits the participation of public
agencies and their employees in the State Employees' Retirement System
by the execution of a contract, and sets forth the procedure by which
said public agencies may elect to subject themselves and their employees
to amendments to said law; and
vffiEREAS, one step in said procedure is the adoption by the legislative body
of the public agency of a resolution giving notice of its intention
to approve an amendment to said contract, which resolution shall
contain a summary of the changes proposed in said contract; and
WHEREAS, the following is a statement of the proposed change:
1. Retirement allowances payable for time commencing on the first
day of the calendar month coinciding with or next following
the effective date of this amendment to or on account of any
person whose retirement became effective on or prior to December
31, 1961 are hereby increased according to a sliding scale ranging
from two percent for those whose retirement became effective dur-
ing the eighteen months ending December 31, 1961, to a maximum
of ten percent for those whose retirement became effective July
1, 1957, or earlier, but not to exceed the sum of ~50 per month,
as provided in Government Code Section 21251.6 added by Chapter
2099, Statutes of 1963.
NOW THEREFORE, BE IT RESOLVED, that the CITY COUNCIL of the CITY OF ARCADIA
gives, and it hereby gives notice of intention to approve an amend-
ment to the contract between the CITY COUNCIL and the Board of Ad-
ministration of the State Employees' Retirement System, a copy of
said amendment being attached hereto, marked "Exhibit A" and by this
reference made a part hereof.
CITY COUNCIL
OF THE
CITY OF ARCADIA
BY lJa-e ~,
PreSiding Officer
Attest:
ih~ /~/<16 If
(Date adopted and approved)
~__j; ~Chv~A
Clerk
d~
Ret. Form 122 3746
,"
...
.. '..
copy of
01' the
19~,
.
.
CERTIFICATION OF GOVERNING BODY'S ACTION
I hereby certify that the foregoing is a true and correct
a Resolution adopted by the
City of Arcadia
(Name of Public P~ency)
appearing at Page , Volume
City Council
( Governing Body)
on lIlecllmb.~r 15
,
of the (Minutes)
(Official Records) of the
( Governing Body)
c::t,,~'./~ ~ ~ 0~L//?c/
CITY CLERK or
Secretary of the Board
Ret. Form 949 (Rev. 9/57) 75 '\
3746
'f
.
EXHIBIT A
.
','''''...
.'
fdbrm;L1r ':'0 ('O:i'l'll.A <JT D.., TI.1;;'i/ TliE
DC;" \j) Oi A.iJU ,WlTiit/i'ION
STATE ;.;J.t'WYi'.i:}' .,.,,'l'IRl;i.U;:,T 31'STcil
A.w ThE
em COil~CIL
O? Th1J
CITY 0.' AflCArJa
nil Boord ot Ad;a1nl.trat1on. State zAilployeell<< UeUr_nt SystCllll, hereinafter
reterr~ to as iloord, and the CITY COUi.~It of the CITY OF ARCA~IA, here1nafter
reterNcl to as PubUc Agency, havilli'! entered into a contract under date ot Sapt4l\llbu
24, 19b, atfectl.. OCtober 1, 194$, ami a. uended ert.cUye Juq- 1, 19S3, Jetnllll7
1, 19S'I, Janae%')' 1, 1956, "anuary 1, 1959, and Januar,19, 1'64. which provid..
tor pllJ't:.1cipation ot Public Agency io aaid fiY8ta. Soard and ~'ubl1c A'1cmcy hereby
aane me tollov.1
A. Tbe tolllJ'Wlng Bubparll{;l"aph shall ba added to ParagTapba 5 and 6 of said Contraotl
CElotion 212$1.6 ot the Oover_nt COQe (provldinc tor 1ncr.....
in allowance. parable tor t1110 oOlllllOnoilll on the first day of the
call1,h~O' mont.h colocidini With or n.xt follolfine tile etfeotlve
uate or thil _ndMr.t, tc per.ona retired prlor to January 1, 1962).
B. ParlJ~ilph 7 (a) ana11 be a!lllmded to read; 1.152 percent 01' t.cltal salarl..
, pald Olontlily to Oeptuber 30, 197$ on aocount ot the Uability tor
prior carvice bene!ita.
$(c)(9)
and
6(8)(6)
c. Paragraph 7 (0) shan be UfII1de4 to reail a. follOWlI
7 (b) 6.S02 peroent of total .alnrie. paid b~ ~ubllo ~geno7 each ~onth
1:.0 ita GIlpl07CU 1ibo are and llereatter beoOlllll lUII~r. of .aid
~1lltlrelaent 3ystelll, provloaci that only Nlary Olarne4 as lIIazibere
of said S:y.telll eblll be 1l1clllded 1n Slid total 'llar1cs.
D. Thle amend~nt ahall be attached to ~~d Contraot and shall ceocme erteetly.
on the ':28th clay of ' February 1965
.
Witness our Ilanda thi.
15th
da,y of
December, 1964
.
EQAP.D O~ A\);rr;Wr~',TIOIl
STA'l'E ~~f'LOY':':;S' :U;1'IilL.l...ii'l' iJY;;T&J
C1l1 CClU,iCIL
Of THE
c,l'll C'I>' liltChilI.l
BY
t~llUa:D..ci. "arne, I:;xeoutive OfUcer
B1 ~
!'reaidlng vtfiaer
Atteet.
~~ 7?7~Ik~
Clark
Ret. Fol'lll 702
3746