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RESOLUTION NO. 3624
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RESOLUTION OF INTENTION TO APPROVE AN
AMENDMENT TO CONTRACT BETWEEN THE
BOARD OF ADMINISTRATION OF THE
STATE EMPLOYEES I RETIREMENT SYSTD-l AND THE
CITY COUNCIL
OF THE
CITY OF ARCADIA
WHEREAS, the State Employees I Retirement Law permits 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
WHEREAS, 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 &nendment to said contract, which resolution shall contain
a summary of the changes proposed in said contract; and
WHEREAS, the following is a summary of the proposed change:
1. A monthly allowance shall be paid to certain survivors of a
member who dies before retirement.
NOW, THEREFORE, BE IT RESOLVED, that the CITY COUNCIL of the CITY OF ARCADIA gives,
and it does hereby give notice of intention to approve an amendment to
contract between said CITY COUNCIL and the Board of Administration of the
State Employees' Retirement System, a copy of said amendment being attached
hereto, marked Exhibits "A and Bn and by this reference made a part hereof.
CITY COUNCIL
OF 'IRE
CITY OF ARCADIA
~&&J~"
BY Elton D. Phillips
(Name)
MJ.I.tOR
CITY OF ARCADIA
(Title)
November 5, 1963
Date adopted and approved
Ret. Forn 122
CERTIFICATION OF GOVERNING BODY'S ACTION
I hereby certify that the foregoing is
copy of a Resolution adopted by the
, ~O-~
Nam of Public P~ency
19 c,?; , axing at Page , . Volume ff- Of. th.e (Hinu. tes)
(Official Records) of the ~ ~
. (i",""",ng Body)
a true and correct
~~
of the
Governing Body _
on~D
~~ 9CM> MtL4?~
CITY CLERK or
Secretary of the Board
,/
Ret. Form 949 (Rev. 9/57) 75
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referred to M [}Of.r\l. end thG City C"un~~ .: fJ! Arcadia, hll1'tllna2tw
rete1't'ed to 11& Pub\lo Agency. hI1.ViO[: entel'8!1 ' ,.~ 9fJtTallt unaer date of [)a~teabeJ'
2b, 1916, etf.cctive O<>tobur 1, 1 LS, alld iUl llm.e:l'dil\t'9.1fec ,JULY 1, 195J. Jal1UU7
1, 19$7, January 1, 19;0 and JO!luary 1. '1<;.59, ~hioh ll1"O"f ',' articlpat.1on ~
l'ubl1o .\cancy 1,1 suld (ystGm, J::OD.N .nd :>ublic Aeell~, 9Tt:: followru
1. '.full lollcv.l.DJ parcO'~~ sl1all be added to ?ar~;n?b ~
($)(c)(()) iirt1clll 6, Chapter 9, 39otion~ n3Ja-7 (i'l'Ovlulog for
tilllovllr,cos for aurv1V01'D of Group A Ilnd 3llf'ety IileIllbcre
upon tlcath liotorc rctirec:ent).
~. Par~3)t'l 7(11) sh.i.t co &lllCllJad to reath 1.117 percent oi: toto}.
v.:llarlcll paid monthly, to me::Jb"t'8 uot11. i.>e)t.e:We:r >0, 191; on account
of the Ucbl11ty for ,rior 1I1li'V1ce l)encf1te.
3. C'nrocFllpll 7(b) BhnU bo ~eru;ad to l'el1l2 6.4.lU P:?J'Cunt.
U. :>al'n&lJ.ph 7(e) 81:.$11 btl adtiea tc oaid contract aml et;all read. a:t folloli&t
CS.OO per I'IOD'~ fot' eac:b ervlolCC COV1:'t'CQ un::Ol" the j,)revioionll of
Qovcrmr.ont GCl~e, Gcotions:l13.j().7 (G.::ir;l CurviVOl'8).
S. 'iih1ll a"::Dn~"".en1~ shall be attaelled to sa1d contrcot anti &."11 bfl.eO:'!e
effective on tte 5th _ <.sy of l1anuary. 1964_.
t:Un083 au!' !lauds this
tiny of
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i1ot. Fom 702
Benefits to Employees Under
SERS SURVIVOR BENEFITS
(Benefits provided by Sections 21380-21386 of the Retirement Law)
BENEFITS
Survivors of members who elect coverage under the SERS survivor program and
whose death occurs before retirement will receive a monthly life income as follows:
Widow and two or more dependent children
or
Three or more dependent children, alone
$250
Widow and one dependent child
or
Two dependent children, alone
$180
Widow, alone, age 62 (widower age 65)
or
One dependent child, alone
$ 90
If there is no widow or dependent child, then
to each dependent parent (mother 62, father 65)
$90
Condi tions:
1. A dependent child is one under the age of 18 and unmarried, or a disabled
child of any age who has been continuously disabled since age 18.
2. A widow ceases to be eligible for a benefit upon her remarriage.
3. A widower will be eligible for a benefit the same as a widow provided he
was dependent upon the deceased member for at least one-half of his
support.
4. The basic death benefit currently included in your retirement program pro-
vides that should a member die prior to his retirement, his beneficiary
would be paid the member's accumulated contributions plus an additional
amount equal to one-month's salary for each year of service, up to a maximum
of six months. The above survivor benefits will be payable in addition to
any basic death benefit the survivor may be entitled to receive.
5. If a member is covered under both the SERS survivor benefit described abov~
and the survivor benefits as provided in Section 21365.5 of the Retiremen.
Law (Section 21337 for safety members), the survivor would receive the
greater of the two allowances, but not both.
Ret. Form 1171-1 (1/60) 300
6. The special death benefit provided the widow of a safety member whose
death is "in line of duty" is a monthly allowance equal to one-half of
the member's "final compensation." If the widow is also eligible for a
benefit under the survivor program herein described, she will not receive
both benefits, rather she will receive the larger of the two.
COST TO THE EMPLOYEE
Each employee will contribute $2.00 a month in addition to his normal retire-
ment contributions. He will continue to pay this additional amount until either
termination of emplo~nent or retirement and under no circumstances will they be
refundable.
EFFECTIVE DATE
These survivor benefits will become effective on January 5, 1964 (date).
All present members of the System will be given the opportunity by written ballot to
select this survivor coverage. Persons who choose coverage will remain covered until
they terminate their employment or retire. IT IS Nor NOW PROVIDED that persons, who
do not choose coverage will be allowed to choose coverage at a later date.
For agencies not covered under OASDI all future employees would be mandatorily
covered under this program. For agencies who are covered under OASDI all future
employees are mandatorily covered under OASDI and, therefore, are not eligible for
the SERS survivor benefits.
EXAMPLE
Under the SERS survivor program, if a member passes away before retirement
leaving a widow and four children, the widow would receive a monthly income of $250
until such time as the three oldest children have passed age 18 (so that she now only
has one child under the age of 18) at which time her benefit would be reduced to
$180. The $180 would continue to be paid until the last child passes the age of 18
at which time the payment would cease until the widow reaches the age of 62. She
would then receive $90 a month for the remainder of her lifetime. The widow ceases
to be eligible for her benefit when she remarries although benefits would continue
to any remaining children under the age of 18.
Ret. Form 1171-2 (1/60) 300