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HomeMy WebLinkAbout4278 ~/f<<75 \ , 'I. '- -0- " RESOLIITION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BEI'WEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC E!4PLOYEFS I REl'IREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF ARCADIA '" ~ >- " WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and their employees in the Public 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 amendment to said law; and . WHEREAS, one of the steps required in the procedure to amend this contract 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 summary of the proposed change: Provides upon the death of a local Firemen who has retired for service or disability for the continuation of one-half the retirement allowance to certain survivors. 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 Public 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 ~~hC& )~~ MA OR CITY OF ARCADIA BY~d7H~ g~):1~ (Name) d:t;,Z&urv IJ (Title) 4278 Ret. Form 122 . -. . .<. .. --. .. . . ~-..