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<br />REQUEST FOR <br />COUNCIL ACTION <br />. <br />CITY COUNCIL MEETING DATE: <br /> <br />~ <br />~ <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />MARCH 15, 2004 <br />TITLE: <br />PUBLIC EMPLOYEES' RETIREMENT <br />SYSTEM (PERS) - TWO YEAR <br />SERVICE CREDIT <br /> <br />APP,ROVED <br /> <br />0 As Recommended <br />0 As Amended <br />0 Ordinance on 1" Reading <br />0 Ordinance on 2"' Reading <br />0 Implementing Resolution <br />0 Set Public Hearing For <br /> <br />if <br /> <br />Ma <br /> <br />CITY MANAGER <br /> <br />CONTINUED TO <br /> <br />FILE NUMBER <br /> <br />RECOMMENDED ACTION <br /> <br />Receive and File. <br /> <br />DISCUSSION <br /> <br />.AS provided for under the California Government Code Section 20903 and <br />Section 7507, the City of Santa Ana must give public notice at least two <br />weeks before adoption of a resolution that it intends to offer <br />approximately 22 employees in the following classifications a two-year <br />"Golden Handshake" retirement credit as part of the budget reduction <br />process for fiscal year 2004-2005: <br /> <br />Recreation Supervisor <br />Stenographic Clerk <br />Assistant Library Director <br />Library Assistant <br />Community Preservation Inspector <br />Senior Building Inspector <br />Building Maintenance Technician <br />Custodian <br />Payroll Assistant <br />Senior Office Assistant <br />Secretary <br />Senior Personnel Analyst <br />Employment Services Fiscal Specialist <br />Workforce Specialist III <br /> <br />The amount determined by the system actuary will average $30,305 per <br />applicant amortized over the CalPERS amortization period for <br />.miscellaneous employees. <br /> <br />65A-1 <br />