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RESOLUTION NO. 81-97 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />DECLARING INTENTION TO APPROVE AN AMENDMENT TO THE CONTRACT <br />BETWEEN THE CITY COUNCIL OF THE CITY OF SANTA ANAAND THE <br />BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' <br />RETIREMENT SYSTEM <br /> <br /> WHEREAS, the Public Employees' Retirement Law permits the participation of <br />public agencies and their employees in the Public Employees' Retirement System <br />by the execution of a contract, and sets forth the procedure by which said public <br />agencies may elect to subject themselves and their employees to amendments to said <br />law; and <br /> <br /> WHEREAS, one of the steps in the procedure to amend this contract is the <br />adoption by the legislative body of the public agency of a resolution giving <br />notice of its intention to approve an amendment to said contract, which resolution <br />shall contain a surmmary of the change proposed in said contract; and <br /> <br />WHEREAS, the following is a statement of the proposed change: <br /> <br />To provide Section 20461.6 (Reduction of benefits for <br />future employees: from 2% @ 50 to 2% @ 55; for local <br />safety members only and Section 20930.3 (Military service <br />credit) as defined in Chapter 1437, Statutes of 1974, <br />for those local miscellaneous and safety members first <br />employed on or after the effective date of this contract <br />amendment. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Santa Aha: <br /> <br /> 1. That the City Council of the City of Santa Aha gives, and it does hereby <br />give notice of intention to approve an amendment to the contract between the said <br />governing body and the Board of Administration of the Public Employees' Retirement <br />System, a copy of said amendment being attached hereto, as an "Exhibit" and by <br />this reference made a part hereof. <br /> <br />2. That this Resolution shall be operative from and after June 15, 1981. <br /> <br />ADOPTED this 29th day of June , <br /> <br />1981, by the following vote: <br /> <br />AYES: Acosta, Bricken, Griset, Luxembourger, Markel, McGui§an, Serrato <br /> <br />NOES: None <br /> <br />ABSENT: None <br /> <br />MAYOR <br /> <br />ATTEST: <br /> <br />CITY ATTORNEY <br /> <br /> <br />