HomeMy WebLinkAbout2240ORDINANCE NO. 2240
AN ORDINANCE OF THE CITY COUNCIL OF THE
CITY OF ARCADIA, CALIFORNIA, AUTHORIZING
AN AMENDMENT TO THE CONTRACT BETWEEN
THE CITY OF ARCADIA AND THE BOARD OF
ADMINISTRATION OF THE CALIFORNIA PUBLIC
EMPLOYEE'S RETIREMENT SYSTEM
THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA,
DOES ORDAIN AS FOLLOWS:
SECTION 1. An amendment to the contract between the City of
Arcadia and the Board of Administration, California Public Employees'
Retirement System is hereby approved, 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 City of Arcadia is hereby authorized,
empowered, and directed to execute said amendment for and on behalf of said
Agency.
SECTION 3. The City Clerk shall certify to the adoption of this
Ordinance and shall cause a copy of same to be published in the official newspaper
of said City within fifteen (15) days after its adoption. This Ordinance shall take
effect on the thirty -first (31") day after its adoption.
1
Passed, approved and adopted this 4th day of March . 9 2008.
Mayor of tl e Ci of Arcadia
ATTEST:
/V'Lf�
ty Clerk
APPROVED AS TO FORM:
Stephen P. Deitsch
City Attorney
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES) SS:
CITY OF ARCADIA )
I, JAMES H. BARROWS, City Clerk of the City of Arcadia, hereby certifies
that the foregoing Ordinance No. 2240 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 4th day of March, 2008 and that said
Ordinance was adopted by the following vote, to wit:
AYES: Council Member Amundson, Chandler, Harbicht, Wuo and Segal
NOES: None
YIUI =ON[IT Z
5 i L tyClerk of the City of Arcadia
3
P
F
'0
.,California,
" Public Employees 'Ftetirdm6ntSystem ,
ANENDMENT TG: CONTRACTsF ,;
Bbtwee'n* - �,the,
Boa Admini jitrat iorill"-
califor 1 1 en
1, 77,.
4'
` 4
t
- 7h - & Bo6rd ..! Public ,-Employeeg ' egeme tir nt:',
he reinafter
e govern 1 ng,,t)oay of the above blic agency rei r referred for
�
) ., pio
as. POblic�'A'g4fic 'eht'drbdJnto_ a�'c'ofitrzict-:e ff ective. 45'
September 24,1 945 nd as-amen ded -effectivwJ Uly 1,1953 January , 1 1 "Jari'bar
y A
195
anuar
janua 11959, Januarr`19, '1964, �-Fdb jary�:2871965, r 1 J urie•24 1973;;
n
2 1 ' 197R'June 2 -1 J "' r
r 4; A March ' 1 �
;,
z 1994 Jurie�'4,1999;-,Oct6bi�r' er. ; , ;A 9 October�19,' 20
2bO4 which,proVides.for participation 6UPUbli I a nd Public Agency:,, y
�e
ere y agree asj6lloWs:
A�*:, .",'Paragraphs I Ahrough -'1 2,`are.h6r6 r r ai&cd raCtr1ai:ex
4M
- hereb�-replked bythe4ollo ing
arch 5,.2004', and paragrapns-,numbbr
' L I
Anclusive--
%All wo r and used here in - wh ich -are;,
<
,.RetirOmeht' -,LIAW�' meaning - a ts- ef,
0 1
�'-specifie6lly �,'pr'oV!d'6' '!NorrTial'�'�re'ti'r'ement - 'age". s :-A
MISCe rn
anybus je 50,fdr�,16&61,'s6fet Y,
Public Agendy�'shall p6rtidpate� in 1h6:'Public,_'E�m1ploye . �'Rdti
69 i i "Ste 66
�and,afterOdtoberl I 945 its �dmp p i e e ers
,Re
referredJ( as B6a
`.bctobe
O�tobe
986 Novem
de he mpf6ye
d
reM6
of sa a , id S I yst I e m"§ubjdct ., to all 0 1 rovigi6 h s - ofth , 6 , _', Public'!Employeee etire ent La
, or�h except such'- as
;apply, only on, election ;of. a F,cbfitractihg',6gehcy.'6nd:� are" not
'pfovideid f erein amendments to rn
and e:sacidl'w �:�'h'
,,. erea er enac e , except
by express -provi�ions�-�,th'Eir6of�'�apply
Ahos&;,�Oich', he' election,,:of ; w,'
'6g6ncy.�,�' M
trabting,
,:,con
IZ
F ,
:4
g
Employees of ,following - ci�lssbs ,."
t6f
said'Retirerrib t x Uch-. by laW, r
adreerridnf.,
V
a Local Fire Fighters j 'he referred ldcaksafety.members)
r'-A3, +
Officers (herein, r s1odbi
memb6
6
s-offier 16 bers n re
r i loca
i I neous;mem bers
T
LH
IJ
In a „es, o I luclecl'.- r sai ti R etirement wingc
66s t.'ghall,lribf'becohie ember W
r v
-2�
�'i- eti
A” Y'
"'Y4
:
X;
U1111U
NA
A 1 L - EXC
I
�777 -
�J,
". com
fl rin
- 5' �,,,� ,, The� percentade " of inal int i I t ,year` , of, credited
rt current " " s' loca m aneou re
and not on�c;r.after�the-t'effective .... ..
t , , " " -
prior / a n d ervice. for
6 _
d ate , this' U r e
, , � , ! I
determined iri accordance with Section 2 1354 'o Ret ir ement
t ft
Ahe 'reduction,; provided 6 r, seN'ic ir'ofto irch'31
te r minati on
= %Social Security, fdrxm6ffibbrsi1,who`se"se' . id`e'� a been included *d & 'r
" I
6 Th'd
-� ."(2 Full ab''dModifib
,p of final 6orripiensatio n' to.
percentage ,prbvi"d6d' fo(, d ars
�,e credite
4,
prior, a n'cur d r66t,§6rvi66-,f6�.�;166al on or
atter,, ��,ettecLivtj Wd!.U� U1 �U ns. amendment determiniad'.j
I I ccordance , vvith'S6ctio Ri3tirbment'Law ;is"ubj"edt.)t6, the - redbeti
ro Vi t:
d �j, ' 1 the rei n to r, se rvi ce p r i o r ] to', M arch r6h 31 19 77 1e rim i hat id n � ot S ocial 6 ecu ri
" _. . ' I , " . I -, � I , I ,
, ,, has �,rb6Eih, ,, in6lUde'd�'in'.Fede r al 'l�
' (2 5 °/u at age 55 Full and Modifie
�'j
d)
e percentage ,.,of- pro vided c redited comp
dnt� service
s
Il
ined, in
,.,
acbordancevitfi Section 213 i i t
Public Ag*6 tjc eleds"to be'su 1 � isions:,-*,. 11,j, w
j 1
Section ' `:'(Third Behefits),�'f6r
'n ;�4`t', ,
=miscellaneous 'members 6riddlobal,po I tce:mer bers only
J
4
-Prib"Year Fin6IiComp6hs1L..1j). r,'_.
'i6rr'e
pe
0
p n o r a n d'� - a oc e m
62.2 of s me
I
to
c` Section 20965 ( C redit fo r, U S ick
i 21624 and 721 626 Retrement , - u i
IJ,
IT
T
1 4
'1 Cdntftutiqns, i Agency and its-brriployees sh all
subject to
adj ustment Board a ccount :, of, Camendments . to thei'
Ret ire m ent l unt of theexperiende Under' r
Ahe TR I
de
r in
pe riodic investigation; afid ;.VaIuati6'h:._re'quir
t ireme
N
6 ntrfbu o , pa py to ti ns i i lic Agency and, its, employees'shall I d Ii
-'en period
w ic h sad 1 co nt ribution§
Addri t h e,,�T etirdment yste,e afteirJh4l
'w, may ,.bb
,:. pfescribe& b � Bo ard ', rdfeir'6r�-as'
o 66farnodrif bf�
more - 6rless t ha a n Ah'e 'd , correct is p6id for` period, p roper"
616strhbnt.��§hall. ,be made in � conndction,�,' *ith, ',subsequent remittances
ITT",
Srire'quire
Adj6stments'o'n. account oVerrorsJn contribution d A a ny "
rhade.bye direct payments between the employee and the Board.-
13.� .' h i& amen s ha I I be effective to nit h 6 2 d ay of S eptember "�2008-,V
4 r
�! OF ADMINISTRATION , 'CITY 'COUNCIL
it'EMPLOYEESf;RETIREMENT SYSTEKEMPLOYER f,l: CIVI.1017
- PUBL ARCADIN'
4
y
��LUHII IVI L; dgkT I
L� ND, C'
EF -
QBLIbZMPLOYiEE&. RETIRENIENT�SYSI
Witness U
w
.Atte
.. .... VT T
T`
x" ,
X.
T N
" 3
7 1
<
T 'T
R o
,regu
AMENDMENT 7,
' PERS- CON -702A(Kav I Wub)
;%
fj 1.