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55B - PRETAX PAYROLL DEDUCTION
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55B - PRETAX PAYROLL DEDUCTION
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Last modified
1/3/2012 4:56:11 PM
Creation date
4/13/2005 9:29:30 AM
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City Clerk
Doc Type
Agenda Packet
Item #
55B
Date
4/18/2005
Destruction Year
2010
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<br />Resolution No. <br />Page Two <br /> <br />G. The City of Santa Ana shall pay to CalPERS the contributions designated as <br />employee contributions from the same source of funds as used in paying <br />salary, thereby resulting in tax deferral of employee contributions. <br /> <br />H. The effective date for commencement of the pre-tax payroll deduction plan <br />cannot be any earlier than July 1, 1996 or the date the completed resolution is <br />received and approved in CaIPERS, whichever is later. <br /> <br />I. That the governing body of the City of Santa Ana shall participate in and <br />adhere to requirements and restrictions of the pre-tax payroll deduction plan <br />by reporting pre-tax payroll deductions when authorized by CalPERS for <br />those employees of the above stated Coverage Groups who have elected to <br />participate in this plan. <br /> <br />ADOPTED this <br /> <br />day of <br /> <br />,2005. <br /> <br />Miguel A. Pulido <br />Mayor <br /> <br />APPROVED AS TO FORM: <br />Joseph W. Fletcher, City Attorney <br /> <br />By: <br /> <br />AYES: <br /> <br />Councilmembers: <br /> <br />NOES: <br /> <br />Councilmembers: <br /> <br />ABSTAIN: <br /> <br />Councilmembers: <br /> <br />NOT PRESENT <br /> <br />Councilmembers: <br /> <br />558-3 <br />
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